Fraud Screening vs. Customer Friction: How to Find the Right Balance for Your Online Store
The right balance is the one where you stop the orders that are actually fraud and let nearly everyone else through without an extra step, and you only find it by measuring both sides, not by turning every fraud setting to its strictest level. Strict screening feels...
What Rights Do Merchants Have When a Card Network Changes Its Rules Mid-Contract?
Fewer than most owners hope, and more than most owners use. You almost never have a contract with Visa or Mastercard directly. Your contract is with a processor and its acquiring bank, and nearly every merchant agreement says you will follow the card network rules as...
Which Payment Rail Is Fastest for a Business That Needs Same-Day Access to Funds?
The fastest rail is an instant payment, sent through a network such as RTP or FedNow. The money lands in seconds, at any hour, and it is final once it arrives. The catch is that the customer has to push the payment and both banks have to take part. When an instant...
What Reserve Requirements Should I Expect, and How Do I Negotiate Them Down Over Time?
Expect a reserve if your business looks risky to the bank. That usually means a lot of future delivery, high chargebacks, fast growth, little processing history, large average sales or subscription billing. Expect it to be set for your file in particular, not pulled...
What Is a Pay-by-Link Payment Solution for B2B Invoicing?
A pay-by-link payment solution for B2B invoicing puts a secure payment link on every invoice you send, so your business customer can open it, see the amount and pay by ACH or card in a minute, instead of mailing a check or reading a card number to your office over the...
CEO - Nationwide Payment Systems
