PayKings Blog

Why You Need a 3D Secure Payment Gateway

Why You Need a 3D Secure Payment Gateway

July 9, 2021

3D Secure payment gateway may seem like a tech buzzword, but it could help your ecommerce or card-not-present business decrease shopping cart abandonment. Here’s how. Data breaches are something that happens every day. From big corporations to small-scale online stores, cybercriminals are constantly infiltrating payment gateways to get free consumer data. Payment gateways contain sensitive… Read More

What Is a Rolling Reserve and How Does it Affect You?

What Is a Rolling Reserve and How Does it Affect You?

July 8, 2021

A rolling reserve is a strategy used by banks to shield themselves and the merchant from possible financial loss due to chargebacks from the customer. A portion of the funds are collected via credit card and secured by the bank from the merchant’s account to minimize the risk of potential chargebacks. The rolling reserve amount… Read More

When Your Vape / eCig Business Needs Payment Processing Solutions

When Your Vape / eCig Business Needs Payment Processing Solutions

July 7, 2021

If you’ve read the news lately, you have noticed the growing number of vape, electronic cigarettes, and smoke shops opening. So you won’t be surprised to hear that the demand for vape merchant accounts is on the rise. In fact, researchers estimate the vape industry will be worth over $8.26 billion by 2025. With this… Read More

10 Best Telemed Companies

10 Best Telemed Companies

July 6, 2021

Now more than ever, health care companies, doctors, and medical professionals are moving their operations online. Telemed allows a patient and clinician to meet remotely. Telemed (short for telemedicine) has significantly grown in popularity because of the convenience it offers. As a result, PayKings offers sustainable telemed merchant accounts for health companies making the move… Read More

What is a Credit Card Payment Processor?

What is a Credit Card Payment Processor?

July 5, 2021

A credit card payment processor is a tool used by merchants to process transactions. The payment processor provides a way to accept credit card payments and transmit banking information securely. Credit card payment processors can specialize in high risk industries or be traditional mainstream processors. High risk credit card processing makes accepting payments easy. Ecommerce… Read More

Everything You Need To Know About Chargebacks

Everything You Need To Know About Chargebacks

July 4, 2021

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

How to get a Merchant Account for an Online Dating Site

How to get a Merchant Account for an Online Dating Site

July 4, 2021

In 2019 the online dating industry yielded over $2 billion dollars. There is clearly a market for this type of business, money to be made from mainstream and niche dating services alike. So how do you get your online dating business set up for payment processing that is reliable and secure so that your customer… Read More

What Is An Online Merchant?

What Is An Online Merchant?

July 3, 2021

An online merchant is a business that sells goods and processes payments over the Internet. This ecommerce store transacts through a virtual terminal and payment gateway. These merchants are similar to physical store merchants except that the point-of-sale and all business is conducted online. What Does An Online Merchant Do? The role of an online… Read More

How Ecommerce Retailers Adjust To A Post-Shut-Down World

How Ecommerce Retailers Adjust To A Post-Shut-Down World

July 2, 2021

By Mike Cassidy, Storyteller, Signifyd There is nothing normal about the “new normal” for retail as COVID-19-inspired restrictions begin lifting in communities across the country.   Brick-and-mortar commerce is taking halting steps to invite customers — but not too many customers — back into stores. Ecommerce continues to punch well above its pre-pandemic rate with online… Read More

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