Payment Links and Invoicing: How a Payment Link Works, How It Settles and the Risks to Watch
A payment link is a secure web address you send to a customer by email, text or QR code so they can pay you on a hosted payment page, with a card or by bank transfer, without calling you with a card number. When the customer pays, the payment travels the same road as...
How Buy Now, Pay Later Works for a Merchant: How It Settles, How It Differs From a Card Payment and What Providers Look At
When a customer pays you with buy now, pay later (BNPL), a third-party provider approves the customer, pays you for the sale and then collects from the customer over time. You do not wait for the customer’s installments. That is the biggest difference from a...
What Happens Inside an ACH Batch: Where the Timing and the Risk Sit
An ACH payment does not travel alone. It is collected with other payments, sent in a group at set times, settled between banks on a schedule and then left open to being sent back for a short or long window depending on who the customer is. Each of those steps has its...
The Durbin Amendment: What It Changed for Small Merchants and What It Left Untouched
The Durbin Amendment is a 2010 federal law that changed three things for small merchants: it limited what the largest banks can charge on debit card interchange, it required debit cards to work on at least two unaffiliated networks, and it gave you clear room to set a...
First-Party Fraud: Why Your Chargeback Data Can Hide Who Is Really Behind a Dispute
First-party fraud is a dispute filed by the cardholder, or by someone using the cardholder’s own account, over a purchase that was real. In your chargeback data it looks almost identical to a stolen-card case, because the customer tells their bank “this...
CEO - Nationwide Payment Systems
