Friendly fraud continues to wreak havoc on e-commerce businesses and, for several reasons, the e-commerce landscape is getting more stringent with new chargeback and fraud thresholds. In the seminar entitled, Reduce Friendly Fraud Damage Through Merchant-Issuer Collaboration by Kristian Gjura at MPE 2016, the causes of friendly fraud are examined as well as how the…
Tag: payment processor
Why do I need a payment processor?
By Teri Sicard As an Account Manager at Instabill, a global payment processor, I get asked this question often. The fact is, many merchants google ‘payment processor for high risk merchant accounts’ or ‘start-up’ merchant accounts and find Instabill. They assume we are the bank that will provide a direct gateway. When this happens, we get…
How Online Payment Processing Can Rock Your Small Business World
We understand that not all small businesses are also e-commerce businesses. Maybe you own a storefront, but no website. Maybe you own both a storefront and a website, but you don’t want to sell your goods or services online. Maybe you tried applying for online payment processing services, but the acquiring bank denied your request…