Walmart’s Efforts To Reduce Electronic-Payment Costs

Walmart Stores Inc. has recently partnered with J.P. Morgan Chase and Co., aiming to minimize costs associated with electronic payments. This year, Walmart Store Inc. is going to offer Chase Pay service, enabling shoppers make payments at Walmart.com and via Walmart app, as well as the Walmart Pay mobile service that consumers can enjoy in

Merchant Identification Numbers (MID) | What You Should Know

Many questions new merchant account holders often have, involve the numbers that come with their accounts; and one such number is the MID. Of course, we have industrious companies such as eMerchantBroker, where calling customer support will immediately get you the answers you need, but sometimes you just want to read and get done with

E-Payments | A Holistic Approach

It’s no surprise that speed plays a key role in payment processing. However, increased speed may result in lower accuracy. B2B transactions should be based on precise payment processing, sourcing and invoicing. Otherwise, the company’s bottom line may be brought into question. Checks Though the modern world of payment processing boasts various technological innovations, checks

False Declines Vs Actual Fraud During Holidays

Ecommerce merchants are putting all their efforts to protect their business from fraudulent payment processing. Often, eCommerce companies try too hard because of fear of fraud, which results in false declines. The latter is also called false positives and happens when a legitimate transaction is turned down. False Declines False declines are turning into a