A merchant category code is a four-digit number assigned to a merchant by credit card companies once it starts to accept payments. This code is important for taxes and recordkeeping as well as for chargeback management. This code is to identify the category into which the merchant falls, based on

  The biggest advantages of signing up with an options trading platform is its convenience. This allowes one to trade online through an easy-to-use system but also enjoy the convenience in accessing a wide range of markets, virtually 24 hours a day from anywhere in the world. Many Asian companies

    Most people interested in learning how to trade have been told the best first step is to start with paper trading. In today’s electronic world, “paper trading” means tapping into demo programs that don’t use real money but can help you learn the market ebbs and flows and

  The emergence of micropayments in the e-commerce market has long been anticipated due to the rising number of online shoppers. Defined as any online transaction up to $10.00, micropayments allow for a la carte service on the web, replacing subscription models. The history of the Web has seen many

As a global recession hits the beauty industry and minimal invasive (non surgical) treatments advance, consumers are cutting down on costly in-clinic surgical procedures and opting for online DIY options that are becoming more widely available, socially acceptable and claim to yield the same results. This has caused online pharmaceutical

Tools to help reduce chargebacks A Chargeback is a refund that consumers may initiate by contacting their bank over a debit item on their card by filing a substantiated complain. As there are many reasons to why and how a chargeback occurs, no one-size-fits-all approach can be used. This complex task

A Chargeback is a refund that consumers may initiate by contacting their bank over a debit item on their card by filing a substantiated complain. This could happen for a number of reasons ranging from fraudulent use of a card to simple human error such as being charged twice. Whenever

Your existing business is accepting payment manually for a couple of years. Each time a customer makes a transaction, you have to provide them the account details and request them to send back the proof of transaction for validation purpose. Cash-on-delivery(COD) services would be your next option. Perhaps this is

By 2018 it is expected that mobile payment will take up 30% of all online transaction. In line with this rapid growth of mobile transaction, Master Card and Visa are working together to roll out a new security standard. Therefore the existing 3D Secure protocol will gradually be replaced with

Free public Wi-Fi access at places like Coffee Bean and Starbucks are convenient, but you may be putting your device at risk. Public wireless networks are generally designed for convenience but not security. They often do not require authentication to establish an internet connection, therefore creating opportunities for hackers to