How To Pick The Best Payment Processor for ISOs & Agents
Payment processors aren’t just your financial partner; they’re an extension of your brand, and their hiccups become your hurdles. Do the research, and don’t settle for your current one. Settling for mediocre partnerships costs you deals, dollars, and reputation.
The Most Common Scams & Fraud On PayPal
A multi-billion-dollar corporation like PayPal should have enough funds to secure its system, but after years of vulnerability, it still hasn’t changed. Why aren’t they making your security their priority?
What Is Friendly Fraud?
Friendly fraud happens when a customer disputes a legitimate charge, whether it’s by mistake or on purpose. It now makes up over 70% of all online fraud, and it’s costing e-commerce businesses billions annually. Most businesses lose the chargeback dispute, even when they’re in the right. Luqra helps reduce friendly fraud with layered security, blacklist tracking, proactive support, and smarter payment tools.
Luqra’s Interview with Rod Katzfey
Chicago became the epicenter for all things payments this July, thanks to the MWAA: from innovations and announcements to ISOs, agents, and fintech leaders. We interviewed MWAA President Rod Katzfey before the show about his experience in payments and how the MWAA builds brand and relationships.
What Is A Chargeback, Really? (And Why It Hurts More Than You Think)
You made the sale. Shipped the product. Delivered the service. Then the bank hits one button and takes your revenue with it. Unlike a refund where the business controls the narrative, a chargeback is a forced reversal. The customer doesn’t contact you; they talk to their bank. That bank’s first
How Does Payment Transaction Processing Work?
In today’s digital age, understanding payment transaction processing is crucial for both businesses and consumers. Whether a small business owner accepting payments or a consumer curious about how transactions flow, learning the behind-the-scenes process can demystify the experience. Let’s explore how payment processors work and the key steps involved. What
The Role of a Payment Processor
In the fast-moving world of digital payments, businesses rely on the behind-the-scenes functionality of payment processors. These key services enable smooth, secure transactions, allowing buyers and sellers to exchange value efficiently and safely. What Is a Payment Processor? A payment processor is the engine behind electronic transactions. When a customer
Solving Payment Disputes and Chargebacks: A Guide for E-Commerce Merchants
E-commerce has revolutionized the way we shop, offering unparalleled convenience and access to a wide range of products. However, with the convenience of online shopping comes the challenge of managing payment disputes and chargebacks. These issues can disrupt your business operations and affect your revenue. Let’s explore what payment disputes
Payment Processing for Subscription-Based E-Commerce: Best Practices
Subscription-based e-commerce businesses have surged in popularity in recent years, offering a steady stream of revenue and fostering long-term customer relationships. However, managing subscription payments comes with its own set of challenges. In this blog post, we’ll delve into best practices for payment processing in subscription-based e-commerce, helping you create
5 Common Payment Processing Mistakes E-Commerce Merchants Should Avoid
The success of an e-commerce business is closely tied to the efficiency and reliability of its payment processing system. In today’s digital marketplace, customers expect a seamless and secure payment experience. However, several common payment processing mistakes can disrupt this experience, resulting in cart abandonment, lost sales, and damaged reputation.
The Role of User Experience Design in Payment Processing Integration
In the ever-evolving world of e-commerce, the user experience has become a paramount factor in determining the success of online businesses. The payment process is a crucial touchpoint in the customer journey, and optimizing it for a seamless and user-friendly experience is vital for e-commerce merchants. Let’s explore the significance
Cross-Border Payment Processing: Overcoming Challenges in Global Commerce
In today’s interconnected world, global commerce is the norm. Businesses of all sizes are increasingly expanding their reach across international borders to tap into new markets and opportunities. However, with the advantages come a unique set of challenges, particularly when it comes to payment processing. The Promise and Perils of