AVS is an acronym for the Address Verification Service, a feature that’s used to compare the address given to you by your customer and the billing address on file with the cardholder’s issuing bank. AVS serves two primary functions: (1) to deter fraud by confirming that the customer is the legitimate cardholder, and (2) to help prevent chargebacks by giving you additional information to verify your customer’s identity. Read on for more info.

If you’re a budding eCommerce entrepreneur, it’s critical you understand that the higher risk of fraud for online payments is the primary factor in making the credit card processing rates for this type of transaction significantly higher than for card-present transactions in a brick-and-mortar setting.

As we increasingly move toward a cashless society, P2P apps such as Venmo will become more of a fixture of everyday life. The company offers a high-quality product, and for users who just want to send or receive the occasional payment, it’s possible to use Venmo without paying a dime for it.

Looking for a merchant account for your CBD oil business? Check out our comparison of the best credit card processors for this niche.

Finding a credit card processor is challenging no matter what country you’re in. Canadian business owners should check out these great options — plus learn which merchant account companies they should avoid at all costs.

Once a merchant account has been set up, business owners can start accepting payments when customers use their credit cards to pay for a product or service. But what sets merchant accounts apart from other credit card processing solutions and how, exactly, do you integrate them with your business? Let’s quickly cover what merchant accounts are, how they work, and why so many business owners use them to accept cashless payments.

Choosing a high-risk merchant account provider isn’t the same as working with other payment processors. You can expect different pricing and contract terms — but you shouldn’t compromise on customer service. Here are six great providers that offer great service, fair pricing, and reasonable contracts for small businesses.

Credit card machines have evolved from having little more than simple transaction processing capabilities to today’s high-tech devices with color touch screens, multiple displays, and the ability to install additional software apps to help your run your business.

Not to be confused with National Processing Company (NPC), National Processing has a great reputation for customer service and transparency. See why it’s one of our top picks for credit card processing.

This article will discuss PCI compliance, why it’s important, and how your merchant services provider treats it. We’ll look at the numerous ways in which providers charge (or don’t charge) for PCI compliance services and what kind of services you’ll receive. We’ll also discuss the dreaded PCI non-compliance fee and how you can avoid ever having to pay it.