Introduction:- Merchant Category Codes (MCCs) are four-digit numbers that pertain to various types of businesses and are used by card issuers, electronic payment networks, and other electronic payment service providers to classify and identify businesses. MCCs were first created in the 1970s when they were developed by a group of credit card issuers. In 1991, Visa USA established a task […]
Introduction; As a business owner, you’re always looking for ways to grow your company and expand your reach. One important way to do this is by expanding your operations into new markets. But before you can do that, you need to be able to send and receive payments in those new markets. This is where cross-border payments come in. With […]
Introduction If you’ve ever run a business, you know how important it is to keep track of your money. Every year, it’s important to take care of things like payroll and taxes. When you do high-risk transactions like selling credit cards, it’s even more important that your business runs smoothly and efficiently. This blog post explains high-risk transactions and how […]
A blog introduction about how to start, the costs and revenue benefits of starting up a gaming merchant account service. Introduction The gaming merchant account business is booming, and every day, new merchants get the chance to join it. This blog post gives a specific example of how we set up a gaming merchant account service and explains the steps […]
A blog about all the details of high-risk merchant accounts High-risk merchant account let businesses avoid credit card processing fees. High-risk merchant accounts are for organizations with a history of chargebacks, fraud, or poor customer service. These businesses are high-risk because they don’t observe contract rules. High-risk merchant accounts are for businesses that sell dangerous goods or services. This includes […]
Fintech companies are quickly changing the way we do business. The market in the UK is very competitive, so businesses need to be ready for anything if they want to stay ahead. Here are eight things fintech companies in UK can do to stay ahead: 1. Collaborate In a competitive market, the only way to stay ahead is to work […]
Gaming merchants are businesses that handle transactions for both online and offline gambling companies. People often think that the only way to get a gaming merchant account is through an existing bank or payment processor, but this isn’t always true. There are independent groups whose main job is to connect them with merchants. The merchants can then choose from different […]
A high-risk merchant account is one that requires specialized processing services due to a high risk of fraud.
A bitcoin payment gateway is a web-based service that allows you to accept cryptocurrency as payment.
Introduction Not long ago, fintech was the stuff of science fiction. Now it’s reality. In Europe, regulators are taking an active role in fintech regulation, which is leading to a fundamental shift in thinking by industry stakeholders across the continent. Fintech companies are becoming too big to ignore, which creates challenges for regulators. European regulators have the potential to fundamentally […]