What Are Chargebacks and How Do They Adversely Impact Merchants?

What Are Chargebacks and How Do They Adversely Impact Merchants?

No merchant is immune to chargebacks. Whether you run a brick-and-mortar store or an online business, you will likely experience a chargeback at some point. So, what is a chargeback? A chargeback occurs when a cardholder disputes a debit or credit card transaction with their bank or credit card company, and the bank issues a…

What Is a High-Risk Merchant Account and Do You Need One?

What Is a High-Risk Merchant Account and Do You Need One?

If you are a high-risk business, it can be difficult to find a payment processor that will work with you. A high-risk merchant account is a type of account that is designed for businesses that are seen as being high-risk by banks and other financial institutions. This could be for a variety of reasons, such…