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How Cryptocurrency is Shaping the Future of Payments in Canada

How Cryptocurrency is Shaping the Future of Payments in Canada

In recent years, the rise of cryptocurrency has redefined traditional notions of currency and payment systems worldwide. Canada, known for its somewhat progressive stance towards financial innovation, has been aware and monitoring this transformative technology.  Cryptocurrency, such as Bitcoin, Ethereum, and others, operates on decentralized blockchain networks, enabling secure, peer-to-peer

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Multi-MID merchant accounts

Multi-MID Merchant Accounts

Businesses that accept credit cards are continuously seeking ways to streamline their operations and maximize efficiency. That’s what you do to build a company. One

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What is a Merchant ID (MID)?

In today’s digital age, electronic payment methods have become increasingly prevalent in our daily lives. Whether it’s swiping a credit card, making an online purchase,

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How merchants can dispute a chargeback in payments

How Merchants Can Dispute a Chargeback

Chargebacks can pose significant challenges for merchants, impacting their revenue, reputation, and overall business operations. However, merchants have the opportunity to dispute chargebacks and present

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The average chargeback rate

The Average Chargeback Rate

Chargebacks are an integral part of the payment processing industry, representing a mechanism for customers to dispute transactions and seek refunds. For merchants and payment

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What is AVS in payments?

What is AVS in payments?

In today’s digital era, online transactions have become increasingly prevalent, making payment security a top priority for businesses and consumers alike. One critical component of

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What is underwriting in payments?

What is Underwriting in Payments?

Underwriting is an essential part of payment processing. The underwriting process helps payment processors assess the risk associated with processing payments for a particular merchant.

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