We’ve been a global credit card processing provider since 2001, and, having provided high risk payment processing to thousands of e-commerce businesses worldwide, we’ve just about seen it all. In the current climate, half the battle for an e-commerce business (or any business, for that matter) to surviving and thriving is finding the balance between…
Tag: global credit card processing
Satabank Freeze in Malta Shows Perils of High Risk Global Credit Card Processing
We’ve had our suspicions that global credit card processing for high risk businesses is slowly becoming more difficult, with banks increasingly firming up KYC requirements and digging deeper into merchant processing histories. Acquiring banks’ collective tolerance for risk simply isn’t what it used to be. We recently read several news items regarding the freeze of…
The biggest challenge of global credit card processing (and solutions)
There is no question the most formidable challenge to global credit card processing today is mitigating fraud, and recognizing the good guys from the bad. There is no silver bullet solution for such, and it is rampant beyond imagination. We often come across merchants who are bewildered at the enormity and frequency of the many…