Industry News
Payment Security: Online vs Offline Transactions
The popular belief that online transactions aren’t as secure as offline transactions is being proven as more fiction than fact. Payment security is more important than ever with the increasing popularity of online purchases, advancements of digital payment technology,...
Mobile Wallets: 2017 Trend Watch
Digital presence has caused the payment industry to evolve rapidly to maintain current with technology and trends. Payments are no longer simple one-on-one transactions, as the global payment processing ecosystem involves gateways, card networks, processors, acquirers...
Payment Processing Trends of 2017
The variety of convenient and quick payment options available, from electronic checks and cash to mobile wallets, going cashless is becoming more prevalent. As trends in the payment processing world evolve and are constantly changing, companies need to be aware of...
Cross-Border Shopping and International ECommerce
There has never been a better time to enhance your international eCommerce strategy than right now. With varying payment options, advanced shipping, and the expansion of Internet and mobile device usage, cross-border shopping and international eCommerce is rapidly...
Chip Credit Cards: Advantages and Disadvantages
While chips on credit cards are relatively new to the United States as of 2015, the chips on credit cards have been around in Europe since the 1980s. Eventually, every credit card will become a chip credit card, since chip and PIN cards offer additional security....
Total-Apps has made the 2016 Inc. 5000!
We’re celebrating! Total-Apps has made the Inc. 5000 list of the fastest-growing private companies in America for the 4th time! Only a small fraction of the nation’s companies demonstrate the remarkably consistent high growth to be considered for this achievement, and...
Fraud Reduction for High Risk Merchant Accounts
Protect Your Business from Potential Fraud Risks As a business, the ability to process credit and debit cards online is critical. As a high-risk business, this ability comes with the potential for higher fraud risks, like chargebacks, identity theft, and much more....
How To Manage Chargebacks for High Risk Accounts
How Chargebacks Affect your High Risk Merchant Account High-risk merchant accounts are expected to handle a higher rate of chargebacks than low risk merchant accounts. This is one of the main reasons that high-risk accounts are subject to large monthly reserve rates,...
Reduce Reserve Rates for High Risk Merchant Accounts
What to Know to Get the Best Rates Your business has been labeled high risk. You need to open a merchant account to grow your business, but you don’t know if you can afford the high reserve rates. You understand the necessity of having reserves for your specific type...
High-Risk Merchant Account Approval
What to Know to Get Approved Whether you’re an established business or just starting out, understanding not only the difference between low-risk and high-risk merchant accounts is key. From the approval process, monthly fees, and potential sales requirements, there’s...