As a merchant, you might already be aware of your risk exposure when you accept credit card payments, and hopefully, you’re taking the necessary precautions to alleviate that risk. It can be helpful to understand the different kinds of risks that each entity in a...
If your business accepts credit cards, then there may be a time when you have a customer use a credit card that is not rightfully theirs. When customers commit fraud, then your business is exposed to the risk of chargebacks to recoup the lost funds for the customer...
What is a chargeback? When you use your credit card as a consumer, you know that you are protected by your bank and the card brand from the fraudulent use of your credit card. Knowing that you’re protected as a consumer can help you feel comfortable using your credit...
NFC and EMV both refer to relatively new terms in payments technology. These two have changed the landscape of accepting credit and debit cards for merchants and consumers. But what are they and what is the difference between the two? They have fundamentally changed...
A relic of a different time. Credit card signatures are now considered an antique way of proving one’s identity, and now major credit card brands are also acknowledging this fact. Signing for a purchase has its roots in the first half of the twentieth century...
Any germaphobe will tell you that the surfaces of bills and coins have always been gross. And handing your credit card to a cashier who has the sniffles and a hacking cough? Even in pre-pandemic times, also gross. Even in pre-pandemic times, also gross. If you’re...
