PayKings Blog

Mastercard Implements New Regulations come April 2019

Mastercard Implements New Regulations come April 2019

January 23, 2019

Updates in regulations are being implemented by Mastercard as it applies to merchants who provide a free billing trial or negative option – those assigned an MCC code of 5968 and classified as high risk merchants. Effect come April of 2019, these new policies and regulations will impact how merchants are billing their customers in… Read More

What to Expect From the High Risk Merchant Account Underwriting Process

What to Expect From the High Risk Merchant Account Underwriting Process

January 21, 2019

The underwriting process for a merchant account can be overwhelming. This is particularly true for high risk merchant accounts, and those merchants who have been declined by traditional banks and aggregate payment processors. In every industry there are always a couple bad apples that do things against regulation or do business with immoral actions which… Read More

Get an e-Cig and Vape Merchant Account

Get an e-Cig and Vape Merchant Account

January 18, 2019

Selling eCigs and vape retail online is no doubt a profitable business model, but is also a venture you can’t take on without an vape merchant account – and not just any account, but a high risk merchant account. Because of the highly regulated nature of the business, especially due to the potentially high level… Read More

Top 8 Ways To Prevent and Manage Chargebacks

Top 8 Ways To Prevent and Manage Chargebacks

January 16, 2019

What’s a Chargeback? A chargeback is the effect of a dispute of a charge by the credit card holder. If the card issuing bank takes the dispute, it will instantly refund the charge to the card holder then file the chargeback via the acquiring system who will then draft the refund from your checking accounts… Read More

Choosing the Ideal High Risk Merchant Account for eCommerce

Choosing the Ideal High Risk Merchant Account for eCommerce

January 14, 2019

It is estimated that 1.61 billion people worldwide purchased goods and services online in 2016, when international eCommerce sales accounted for 1.9 trillion US dollars, and has been projected that this amount will reach 4.06 trillion US dollars by 2020.   Payment Processing for eCommerce Retailers It is a fact that online retailers in the… Read More

7 Keys to Global E-Commerce Success

7 Keys to Global E-Commerce Success

January 11, 2019

If you run an eCommerce business, the entire world is at your hands, and international markets offer the enticing promise of increased visibility and sales. International growth is a great way to mitigate risk and dependence on a single market for all your earnings. Picking up sales from international markets is a great way to… Read More

Low Risk Vs High Risk Payment Processing

Low Risk Vs High Risk Payment Processing

January 9, 2019

Are you trying to get a merchant account for your business? Banks and payment suppliers will assess the risks connected with your company and choose whether they can accept your application for payment processing. In case that they consider you a high risk merchant, you are going to be charged higher prices. Moreover, they are… Read More

Why Your Company Has So Many Chargebacks

Why Your Company Has So Many Chargebacks

January 4, 2019

Chargebacks won’t only cause you huge financial losses but can also negatively affect your company’s reputation with credit card processors. When trading products or service through the world wide web (eCommerce), always be sure that you look out for chargebacks, and take the appropriate steps to avoid them at all costs. Operating your own business… Read More

Ready to get started?

Start Accepting Payments Today

Apply for a merchant account