Your target in the eCommerce market is to sell your goods to consumers so that you can be compensated. However, it is not always that easy. Chargebacks can transform otherwise straightforward business deals
There are several factors to weigh when choosing a payment processing network. Variety of online payment issues can afflict your company.
Payment processing software acts as a go-between for both the buyer's bank and the merchant's web portal. In this scenario, the purchase is processed by the merchant's bank using the customer's payment card.
Consider the following guidelines to determine if your company needs a credit card authorization hold.
Originally designed as a buyer safety mechanism, disputes or chargebacks are now a significant risk to the business. Nowadays, they occur more frequently.