10|2024

Visa/Mastercard Interchange Fee Settlement

Did your business accept credit cards between January 2004 and January 2019? Keep reading to find out if you qualify for this class action settlement. Frequently Asked Questions What is the Visa/Mastercard Interchange Fee Settlement Recovery? A lawsuit was filed that claimed merchants paid excessive interchange or swipe fees for accepting Visa and Mastercard payments… Read more »

05|2023

How Can a Financial Analyst Help Your Business Mitigate Credit Card Fraud?

As the digital world and technology advance, fraud and cybercrimes continue to evolve. In the US, 389,737 credit card fraud cases were reported in 2021, with losses totaling $181 million. Credit card information is also now more easily accessible thanks to sophisticated phishing scams and card skimming equipment; criminals no longer need access to the physical card… Read more »

04|2023

How to win card present chargebacks every time

Credit card chargebacks can be a major headache for merchants. Not only do they result in lost revenue, but they can also damage a merchant’s reputation and even result in the loss of their ability to accept credit card payments altogether. However, by understanding chargeback reason codes and taking steps to prevent them, merchants can… Read more »

01|2023

Electronic Payments: Mitigating Credit Card Fraud

From online shopping to entertainment subscriptions, contactless payments have risen in popularity over the past several years. When the Covid-19 pandemic struck in 2020, it pushed businesses — big and small — to adopt contactless payments to cater to customer needs, and today, the shift only continues to grow. According to Grand View Research Inc. data, the… Read more »

08|2022

Hosted payment page TIPS

If you’ve used the CardConnect Hosted Payment Page (HPP) before, you’re likely familiar with our example to the right. Did you know however, you can pre-fill the ‘Total Amount Due‘ section, rather than letting the customer fill it in? Simply add ” total= ” followed by the amount, to the end of the URL. You… Read more »