Credit card decline codes are sent to merchants from credit card processors when a transaction is unable to be processed. Each numerical code corresponds to a different reason a transaction may be declined, such as the card in question being reported lost or stolen. Want to know more about how to deal with decline codes or what to do when one comes up? Read our handy guide to credit card decline codes.
PCI Compliance Blog Posts
Chargebacks can potentially turn the convenience of card-based transactions into an expensive hassle. If chargebacks having been eating into your profits, you’ll want to find a cost-effective solution that’s suited to your transaction volume and budget. Luckily, solutions are available at scale.
If you’re a small business owner trying to run an online business — and particularly if you don’t already have specialized coding knowledge — a hosted payment page is an excellent option that allows your customers to complete their purchases securely and conveniently.
Chargebacks happen to every merchant. In fact, you probably won’t be able to eliminate all chargebacks as long as you keep accepting credit cards. The best you can do is to contain them and reduce them to a small number. What is left is just a part of the cost of doing business.
Merchant category codes, or MCCs, dictate interchange rates, but they also serve other important purposes. See how MCCs affect your small business and what you can do about making sure your business is categorized with the right MCC.
The Quick Guide To PCI Compliance For Small Businesses: What You Need To Know & How To Become Compliant
If you’re a first-time small business owner, you might not be too familiar with the concept of PCI compliance. You might not even have ever heard of it before. It’s also entirely possible that your first introduction to the subject will come in the form of a “PCI compliance fee.” This is a fee that […]
Your business obtains its MID when it begins working with an acquiring bank after opening a merchant account. Whether you want to work with an acquiring bank directly or indirectly with the help of a merchant services provider, you’ll need to complete a verification process to get your MID.
The Complete Guide to PCI DSS: Why You Need To Understand PCI Compliance Standards & What Role Payment Processors Play
If you’re a new business owner, you may not know very much about PCI compliance – or even what it is. It’s possible that your first introduction to the subject might be an unexpected fee for PCI compliance showing up on your monthly processing statement. Like it or not, you can expect that PCI compliance […]
This article will explain the four PCI merchant risk levels and show you how to figure out which one applies to your business. Don’t worry — it’s really very easy! We’ll also review the various requirements that apply to each of these levels.
This post aims to clarify any confusion regarding why and how a CVV (or CVV2, CVC, or CID) number is vital for your small business. Because payment companies mandate all merchants to collect the credit card CVV code during online or manual card entry, you’ll need to find a payment processing company that’s up to date with the latest policies.