PayDiverse Blog

Declined Transactions by Issuer When credit card issuers decline transactions, the loss to merchants is substantial. In most cases, when a transaction is declined by issuer, the customer abandons the transaction. While in many cases, the issuer decline is due to...

Depending on your history and the nature of your business, your payment processor might require you to have a merchant account reserve. This reserve protects your processor in the event that you're unable to cover processing fees and other bills. While some merchants...

When you operate a business, recognizing the signs of fraud is one of the most important things you can familiarize yourself with. According to the National Retail Federation, retail shrink totaled 61.7 billion in 2019 due to losses from fraud and theft, and that...

Retrieval requests occur when a cardholder's bank requires more information about a transaction. This request is typically made to the merchant and may include a request for documentation to support the transaction or clarification on the details surrounding the...

When you're disputing a chargeback, a chargeback rebuttal letter is a vital part of your dispute response. This letter, along with supporting evidence of the customer's knowledge and approval of the transaction in question, can be used to help you state your case to...

In the new normal, telehealth services are becoming more popular than ever before with technology rapidly changing and evolving to meet the needs of the healthcare industry. It is expected that this service will continue to see exponential growth. It's important that...

In recent years, CBD has become a go-to health product for many Americans, and with the passing of the Agricultural Improvement Act in 2019, the popularity of this substance is gaining popularity at top speed. Many e-commerce merchants, particularly those in the...

There are a lot of steps to setting up a business. From seemingly small tasks, such as selecting the name of your business, to bigger jobs like registering and licensing your business, ordering inventory, and of course, finding customers, the early days of business...

COVID-19 has changed the way our entire world operates. Unfortunately, that means merchants, banks and consumers have been forced to adapt to new procedures and policies in payment processing. With these changes in the payment processing landscape come many...

Merchants who've been labeled high-risk usually find themselves needing to find payment processors that are willing to provide them account services at an affordable rate, and that's not always easy to find. Major banks tend to charge exorbitant credit card processing...

When it comes to credit card processing accounts, there are plenty of reasons to open and process payments through an offshore credit card processing merchant account. These accounts are usually recommended to high-risk merchants, who may have been labeled as such due...

What is Interchange-Plus Pricing? Most businesses choose to accept credit cards to provide a convenient payment option to their consumers. Of course, adding this option can help to secure more sales for the business, as well as attract new and returning customers....

Match List Explained The Member Alert to Control High-risk Merchants list, known more commonly as the MATCH list, is a database of merchants who've had their payment processing accounts terminated in the past. This list was created by MasterCard to help acquiring...

High risk merchants are often automatically disqualified for processing accounts for a variety of reasons. Most often though, the goods or services that they're selling are the very reason that the merchant is considered high risk. Those that aren't denied processing...

High-risk businesses who are unable to obtain a payment gateway through their bank or a traditional payment processor are often left searching for an alternative way to process credit card payments. While searching for the right payment gateway, high-risk merchants...

Credit Card Processing Processing credit and debit card payments is crucial to maintaining adequate sales in any industry. In a world where everything is done electronically, cash is becoming a rarity for many consumers and by providing another option to pay,...

Improving Your Business Credit Score Maintaining a good credit score is important for any business, but when you're considered high-risk, it's absolutely crucial. Good credit is necessary for any business that wishes to receive a loan, pay fair interest rates, and...

For many businesses, opening a payment processing account through traditional means is impossible. This is due to the high-risk designation that's assigned to many industries as a result of the merchandise or services they deal in or the methods by which they conduct...

High risk nutraceuticals merchants can attest to the difficulties involved in obtaining payment processing accounts when dealing in vitamins, supplements, diet, and weight loss products. The industry has a bad reputation for conducting business dishonestly and those...