Knowledge Base

image

Filter by

... Merchant Services

What is High Risk Banking?

In the context of merchant services, the term "high risk" refers to businesses that are more likely to experience chargebacks, fraud, or other issues that may result in financial losses to the payment processor.

... EPOS

What is EPOS?

EPOS stands for Electronic Point of Sale, and it refers to a computerised system used to process transactions and manage sales in retail and hospitality businesses.

... Merchant Services

What is Merchant Cash Advance?

Merchant cash advance (MCA) is a form of alternative lending that provides businesses with quick access to capital by selling a portion of their future sales revenue to a financing company.

... Merchant Services

Merchant Services

The merchant services industry provides businesses with the ability to accept various forms of electronic payment, including credit and debit cards.

... Open Banking

What is Open Banking?

Open banking is a banking practice that allows third-party financial service providers to access financial information from bank accounts through the use of open application programming interfaces (APIs).