What is a payment processor and how does it impact winning chargebacks?

A payment processor is a third-party company that handles certain types of sales transactions for a merchant, such as credit card transactions. Payment processors are well equipped to detect fraud, and keep useful records that merchants need during dispute representment.*       *https://www.cardfellow.com/chargebacks/

What is a payment gateway?

A payment gateway allows you to accept online and traditional face-to-face sales, charging your customer’s credit, debit or gift cards and checking accounts. This payment gateway is invisible to your customers and operates behind-the-scenes to process and validate payments. Using secure communication methods and tokenization, payment gateways communicate between your online store/website or business and […]

How do online payments work?

As a merchant, it’s important that you understand the basics of online payment processing. This knowledge is key in helping you choose the best payment gateway, payment processor, and merchant account for your business, as well as helping you to better understand why you need solutions in place to protect yourself from fraud and chargebacks. […]