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Issuers and Acquirers: Who Does What for Whom?
An issuer is a bank or financial institution which provides debit, credit, and/or prepaid cards to consumers on behalf of payment card schemes. Typical payment
What is an Acquirer and Why You Need (a Good) One
If you’re an entrepreneur looking to accept debit and credit cards for your business, you’ve come across the word “acquirer”. In the payments industry, acquirers
Current Trends in Automated Onboarding
“Automation is important to stay competitive and ahead of the curve. However, to be competitive in the long run, it doesn’t mean one has to
COVID-19 Changes the Payments Industry
From the rolling back of mandates to the rise of contactless transactions, the payments industry has seen its fair share of changes since the world
Mastercard Postpones Excessive Fraud and Chargeback Programs due to COVID-19
In October 2019, Mastercard announced they would be revising standards for their Excessive Fraud Merchant (EFM) and Excessive Chargeback Merchant (ECM) programs. These programs set
Visa’s New Mandate: What Free Trial & Subscription Merchants Need to Know
By April 18th, 2020, merchants offering introductory trials or promotions which roll into subscriptions have some changes to make. Visa has released a directive to
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