by card1 | Apr 19, 2024 | HIPAA Compliance
Introduction When it comes to credit card processing , ensuring compliance with the Health Insurance Portability and Accountability Act (HIPAA) is crucial. HIPAA is a federal law that protects the privacy and security of individuals’ personal health information....
by card1 | Mar 8, 2024 | How to Effectively fight Chargebacks
Introduction Chargebacks occur when a customer disputes a transaction, leading to the reversal of funds from the merchant’s account. Not only can chargebacks result in financial losses for businesses, but they can also impact their reputation and standing with...
by card1 | Jan 17, 2024 | Disadvantages of P2P Payment Apps
Introduction Peer-to-peer (P2P) payment apps have experienced a meteoric rise in popularity in recent years, revolutionizing the way individuals transfer money to one another. These apps, such as Venmo, Cash App, and Zelle, offer users a convenient and efficient way...
by card1 | Dec 19, 2023 | What is Pre-Authorization?
Introduction Pre-authorization in refers to the practice of obtaining approval from a customer’s payment card issuer before finalizing a transaction. When a customer makes a purchase using a credit or debit card, the merchant sends a request to the card issuer...
by card1 | Dec 4, 2023 | Merchant Services and Bitcoin
Introduction In recent years, the rise of Bitcoin and other cryptocurrencies has sparked a revolution in the world of finance. One area where this revolution is particularly evident is in the realm of merchant services. As more businesses begin to accept Bitcoin as a...