Business Advice

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5 Questions Merchants Should Ask Their Acquirer

For merchants, it is vital that their chosen payments acquirer has the ability to work with them as a partner as opposed to simply a provider of payment services to fulfil consumer purchases. Acquirers should be able to work with their merchants and payments intermediaries in order to complete as many transactions as possible while managing the risk of fraud and chargebacks effectively.

Current Trends in Automated Onboarding

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 cut corners,” says Rob Lemmen, Chief Commercial Officer at Truevo. “The biggest challenge is to be appropriately vigilant while ensuring you offer merchants the fastest and easiest onboarding experience possible. When working with a high volume of merchants, it only makes sense to systemise and automate as many as possible, or most of your processes to take advantage of economies of scale. The way we’ve worked to do that at Truevo is to create a scoring system for merchants.”

e commerce merchants combat chargebacks

9 Ways E-Commerce Merchants Can Combat Chargebacks

When it comes to accepting online card transactions, any business can be vulnerable to chargebacks. Luckily, there are ways for e-commerce merchants to prevent or challenge chargebacks that will help limit the negative impact on their bottom line.

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