alphacardprocess

Payment Processing January 14, 2022 4 min read

What Is a Card Not Present (CNP) Transaction and Why Does It Cost More?

A card not present transaction is an ecommerce transaction in which the customer did not present a physical card. Typically, this scenario takes place when you shop online using your computer or...

chargeback process January 14, 2022 4 min read

How the Chargeback Process Works & How to Win a Chargeback?

As a business owner, you need to know how the chargeback process works and what you can do to win a chargeback. This article will provide an in-depth explanation of the entire...

Payment Gateways January 13, 2022 3 min read

How Payment Gateways Work?

A transaction gateway is a unified interface towards numerous payment schemes. The function of a gateway is to accept various formats of data from a client, format it according to rules and...

Credit Cards January 13, 2022 4 min read

What is the Visa Fixed Acquirer Network Fee (FANF)?

The Visa Fixed Acquirer Network Fee (FANF) is a non-swipe fee that is paid by the merchant to their acquiring bank for each debit card transaction, whether the purchase results in a...

Small Business and Entrepreneurs January 13, 2022 3 min read

Before the 2008 financial crisis, many would-be business owners weren’t able to get traditional bank loans or line of credit to start a small business. Fortunately the Small Business Administration stepped in...

Payment Processing January 13, 2022 3 min read

Guide to ACH Return Codes

The ACH network provides a means for businesses and consumers to make payments and receive payments electronically. The ACH network is also used for other types of transactions, such as automatic withdrawals...

Payment Processing January 12, 2022 4 min read

What is a Merchant Category Code (MCC)?

A Merchant Category Code (MCC) is a four-digit number assigned to a particular merchant. Each MCC identifies the primary industry of an individual business or entity, and can be found on either...

Payment Processing January 12, 2022 4 min read

Card Present vs. Card Not Present Transactions

As mentioned earlier, there are two types of credit card transactions: card present and card not present. Card present transactions are those in which the physical credit card is presented to the...

SaaS January 12, 2022 4 min read

What are integrated payments?

Integrated payments are transactions conducted inside an app or website rather than in a brick-and-mortar store. The transactions happen directly between two accounts online without having to use physical cash, bank cards...

Payment Gateways January 11, 2022 3 min read

What is a 3D Payment Gateway?

3D Payment Gateway is an online payment gateway that allows sellers to receive payments in Bitcoin, Dogecoin, Litecoin etc. The company promotes the use of cryptocurrency for mainstream commerce. 3D Payment Gateway...