Understand the Benefits of Using a Gateway Service

Written by Business magazine. Posted in Chargebacks, Moto card processing, Payment processing services

Ecommerce merchant account

It’s really no secret that online shopping has grown significantly over recent years. According to recent studies, the average online order for a shopper in the United States is $78. An online shopper will visit an average of three sites before making a purchase, and the majority of consumers already know what online stores they will buy from.

Globally, e-commerce sites generate over $900,000 every 30 seconds through desktops and over $200,000 through mobile devices. Cyber Monday has had a 17% increase in sales year after year. E-commerce is already huge and it continues to grow.

The downside to this grows this growth is the dramatic increase in payment card fraud and the financial loss suffered by the card holders. This is why gateway services, Continue Reading No Comments

5 Tips to Avoid Chargebacks

Written by Business magazine. Posted in Card not present fraud prevention, Merchant credit card processing, Payment processing services

Merchant

More and more people are buying things online. E-commerce generates more than $931,000 every 30 seconds from computers and nearly $270,000 worldwide. Moreover people tend to spend more when shopping online than in traditional brick and mortar stores. The average American online purchase is for about $80. When people shop online, may know exactly what they are going to get and where they are going to get it. Nearly half (48%) say they have decided these two things before they go online to buy it. Most of this shopping online is done with a credit or debit card making it critical that e-commerce sites have a good merchant payment gateway company. This is crucial for providing stores with chargeback protection for ecommerce.

Chargeback is the term used when a customer disputes a claim on their credit card stat