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 […]
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 […]
A gaming payment gateway is a technology used by gaming merchants to accept debit or credit card purchases from customers.
A merchant account for online gaming is a credit card processing account designed exclusively for online gambling businesses.
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.
Financial fraud occurs when haves or other means are taken from you through deception or lawless exertion. Millions of Americans fall victim to financial fraud annually. fraud alone has brought Americans billions of bones last time, with multitudinous consumers falling victim to scams. Theft is just one of the multitudinous kinds of fiscal fraud which can do, so it’s important […]
Globally, only 12% of FinTech startups have female founders or co-founders, and only 6% have female CEOs. Experts often talk about the benefits of FinTech for women, but only a few females represent decision-making roles in this rapidly growing industry. This data is alarmingly low, given that women-funded startups grow funds twice compared to others. In most industries, women have […]