Know Your Customer (KYC) Technology and Why It’s Important

Know Your Customer (KYC) Technology is the process of gathering information about potential customers to assess the risk of doing business with them. It’s often used as a protocol for new client on-boarding, but continues into the business relationship through transaction monitoring, risk management procedures, customer retention strategies and more. For example, as a merchant […]

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Payment Processing for the Subscription Box Business Model

From meal kits to ready-to-wear outfits to jewelry rentals, subscription box businesses are sprouting up for a wide range of products. What was once a novelty is now becoming a staple for the modern consumer as customized subscriptions become more and more popular. What’s the appeal? Well, for starters, subscription boxes take the time and […]

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Everything You Need to Know About Interchange

As a business owner, accepting credit cards is crucial to your organization’s success. And if you accept credit cards, interchange is a relevant topic to understand. It affects your merchant account fees and in turn your margins. Yet many business owners don’t know the meaning behind this credit card processing term. It’s a common belief […]

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