Frictionless payments are payments that reduce the struggles associated with the regular payment process by reducing the steps and increasing security.
Payment orchestration is changing the landscape for merchants and fintechs
A card acceptor ID identifies the location from which a money transfer originates. Card acceptor IDs (CAIDs) are assigned to individual store locations.
Friendly fraud is the abuse of the chargeback system by customers. Prevent friendly fraud by helping confused customers and preventing malicious misuse.
Payment authentication verifies a cardholder’s identity, while authorization ensures a cardholder has the funds or credit needed to fulfill a transaction.
Online and mobile businesses handling sensitive card payment information must comply with PCI to protect cardholder data and avoid legal issues.
Payment optimization identifies areas of opportunity to increase authorization rates, reduce false declines, and reduce fraud within the payment system.
