Tag: Credit Cards

September 5, 2023

The Evolution of the PayFac

In the rapidly changing landscape of modern commerce, the way we pay has undergone a remarkable transformation. One pivotal player in this evolution is the payment facilitator—a concept that has ....

August 1, 2023

Test Cards – What You Need to Know

In the fast-paced world of online transactions, ensuring a smooth Payment Gateway integration is crucial for businesses. Test Cards play a vital role in this process, enabling developers to simulate ....

July 12, 2023

Understanding ISV in Payments

In the realm of payments, ISV stands for Independent Software Vendor. These dynamic entities play a pivotal role in revolutionising the way businesses process transactions, manage finances, and enhance customer ....

June 27, 2023

What is a Payment Gateway?

In today's digital age, online transactions have become the norm, revolutionising the way we do business. At the heart of this revolution lies the Payment Gateway, an integral component that ....

April 24, 2023

The Year of the PayFac

Payment Facilitators, also known as ‘PayFacs’, became popular in the 1990s. They were conceived to help small and medium sized businesses accept online payments. The PayFac model allows companies who ....

January 31, 2023

Recurring Card Payments

Recurring Card Payments (RCP), sometimes known as a Continuous Payment Authority (CPA) occurs when a consumer gives a Merchant permission to regularly take funds from a debit or credit card. ....

January 17, 2023

AVS Checks

Address Verification Service Checks, also known as AVS Checks, is one of the most widely used fraud prevention tools when a card-not-present transaction occurs. How Do AVS Checks Work? AVS ....

January 3, 2023

2023 Predictions

The payments industry is ever-changing and hard to predict, but what can be expected for payments in 2023? Buy Now Pay Later One of the biggest trends of 2022 has ....

December 13, 2022

Soft Declines

A soft decline occurs when a customer’s issuing bank is willing to approve a transaction but not in its current state. Of all declines, roughly 85% can be deemed as ....

November 1, 2022

Friendly Fraud

“Friendly Fraud” is a term that gets banded around a lot when talking about online payments. You may have heard it in relation to chargebacks. But what does this oxymoronic ....