Payment Processing – PayStudio

The Fundamentals Of Payment Processing

Every business requires a payment gateway as part of its payment life cycle. Businesses must have a payment process in place to allow custo...

What is Merchant Category Code A merchant category code is a four-digit code that identifies the merchant’s category. Banks and payment ...

So that’s where I’m at. As a newcomer to the geek world, I’m doing my best to grasp terms that I wouldn’t have been caugh...

What is a referral partnership? A referral partner is a business partner who, in exchange for anything of value, such as money, promotes...

What is a Merchant ID (MID)? When a business opens a merchant account with a payment gateway, the acquiring bank assigns it a merchant ID, whi...

What is the definition of digital payment? Any transaction in which value (e.g., money) is electronically transferred from one account to anot...

One of the most critical challenges is the security of online payments. Protecting clients from online threats and cyber theft to earn their trus...

From the dawn of time, payment for goods and services has been a feature of human culture. The only variation has been in the way it has been imp...

A payment gateway is used to collect customer information and offer approval on purchases by transmitting the payment through the bank. The payme...

Chargebacks are a big threat that online merchants must prepare for. Several high-risk merchants are unaware of chargebacks and their consequence...