Merchant of record or MOR is an essential link between a company that needs to accept electronic payments and consumers of its products. Merchant of record concept goes far beyond collecting payments for products and services. MOR is responsible for many things related to sales process, such as merchant funding, withholding of taxes and transaction […]

With the advance of online marketplace models the demand for split funding functionality increases. However, many payment service providers (PSP) are reluctant to offer split payment processing functionality to their customers on top of already provided merchant services. Payment service providers are discouraged by the risks and challenges, associated with traditional split funding platforms. When […]

While cost savings from PINless debit card transaction fees on debit card payments may not seem as impressive as you’d like, it’s still worth considering. Adding this capability to your debit card processing options makes sense for many companies and might just make sense for yours too. And as an added bonus, PINless debit transactions […]

A payment processing emulator can enhance, and at the same time, simplify the process of integration between a payment gateway and various third parties (such as new merchants and resellers). During integrations with the legacy systems merchants developed all integration-related functionality themselves and then tested it on special scenarios. The results of these tests had […]

There are several approaches which can be used to handle chargeback delivery to the merchants and chargeback disputing. As the number of transaction volumes processed (and respective numbers of chargebacks issued) grew, new approaches were introduced. The progress of chargeback handling technologies continues even now. When it comes to chargeback delivery, the most traditional approaches […]