PayKings Blog

How Chargebacks Reflect Ways Strict Refund Policies Can Hurt You

How Chargebacks Reflect Ways Strict Refund Policies Can Hurt You

May 10, 2019

Every retailer attempts to create a refund policy that will protect each purchase. Most payment processors prefer at least a 30-day unconditional refund policy. Many insist their customer take back the unused part of their merchandise. No merchant wishes to be taken advantage of having their product used and have the customer get all the… Read More

10 Steps Online Merchants Can Take to Avoid Fraud

10 Steps Online Merchants Can Take to Avoid Fraud

May 8, 2019

The eCommerce business has revolutionized the consumer shopping experience. With the internet boom allowing for retailers to sell goods online all aspects of this eCommerce industry are now strategically programed for spikes in customer transactions, like the ever-popular Black Friday or Cyber Monday. A major issue in the payment processing industry is a lack of… Read More

Worried About High Risk Merchant Account Fees?

Worried About High Risk Merchant Account Fees?

May 6, 2019

So here you are, you either just had your aggregate merchant account shut off by the popular payment processors like PayPal, Stripe, or Square, or you’ve done your research and know your business is in a high risk payment processing industry. The answer to both of these predicaments is that you need to get a… Read More

PayKings Now Offering Canadian MMJ Merchant Account Solutions

PayKings Now Offering Canadian MMJ Merchant Account Solutions

May 3, 2019

Great news for medical marijuana merchants in Canada: you can now get approved for a high risk medical marijuana merchant account with PayKings! That’s right, if you’re looking to process credit card transactions through your eCommerce or brick and mortar medical marijuana business, there is a solution for you. However, there are a view caveats… Read More

Why High Risk Industries are Avoided by Payment Processors

Why High Risk Industries are Avoided by Payment Processors

May 1, 2019

What do high priced ticket sellers, travel agencies, adult entertainment, online dating websites, medical marijuana practices, subscription boxes, and vape retailers have in common? They’re all high risk industries. Ultimately, banks and low-risk independent sales organizations (ISOs) avoid associating themselves with these and other high risk business types. This makes payment processing a challenge for… Read More

What is the TMF Listing and What Does it Mean for Merchants?

What is the TMF Listing and What Does it Mean for Merchants?

April 29, 2019

What is the TMF Listing? Hopefully you are reading this without having the misfortune of having a termination of your merchant file. But if you’ve just been informed of being added into the Terminated Merchant File (TMF) or MATCH record, then this information should help you understand what it means for you and how to… Read More

How Millennials are Affecting Credit Card Processing in 2019

How Millennials are Affecting Credit Card Processing in 2019

April 26, 2019

In this highly digital, online for everything, technologically advanced world we live in, it’s mind-boggling that there are still some companies that do not accept credit cards as a method of payment. Why is this? How are these businesses successful? The biggest complaint is the fees that merchants have to pay for credit card processing… Read More

The Best Online Resources for the Success of Your eCommerce Business

The Best Online Resources for the Success of Your eCommerce Business

April 24, 2019

When you’re setting up a new business (or revising and updating your already existing one), it’s helpful to know the latest technologies and services available to to you and your eCommerce business. Online retail sales and services are a necessity in this day in age even to those businesses who have a brick and mortar…. Read More

Top 5 Tips for Totally Successful Payment Processing

Top 5 Tips for Totally Successful Payment Processing

April 22, 2019

If your company is considered high-risk, it can seem impossible to find a payment processing company that will take you. The stark reality is getting high risk merchant solutions for your business is risky but not as difficult as it might appear. The important thing is taking the steps to better your chances before you… Read More

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