Why do I need a SSL certificate for PCI compliance?

An SSL certificate is a digital certificate that establishes a secure encrypted connection between a website and a user’s web browser. SSL stands for Secure Socket Layer, which is a technology that enables secure communication between web servers and web browsers. When a user visits a website with an SSL certificate, the web browser and […]

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The difference between Web 2.0 and Web 3.0

Web 2.0 is a term used to describe the second generation of the World Wide Web, which emerged in the early 2000s. It was characterized by a shift towards user-generated content, social media platforms, and interactive websites. Here are some key features and examples of Web 2.0: Examples of user-generated content platforms include: Examples of […]

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Bankcard MTOT Disc

“Bankcard Merchant Transaction Over Threshold Discount.” This is a discount that is applied to a merchant’s account when they exceed a certain threshold of transaction volume. Some payment processors or merchant services providers offer this type of discount as an incentive for high-volume merchants. The discount amount may vary depending on the merchant’s agreement with […]

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Buy Now Pay Later ( BNPL )

Buy Now, Pay Later (BNPL) is a payment option that allows consumers to purchase goods or services and pay for them over time, usually in installments. BNPL is typically offered by third-party providers, who pay the merchant in full at the time of purchase and then collect payment from the customer in installments over a […]

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Virtual Terminal

A virtual terminal is an online application that allows businesses to accept payments from their customers by credit card, debit card or e-check. It functions as a software interface that connects to a payment gateway, allowing merchants to process transactions remotely without the need for physical terminals. When a customer makes a payment through a […]

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What is the difference between an ISO and ISV?

Independent Sales Organization ( ISO ) ISO with payments typically refers to a company or organization that is authorized to facilitate credit card payments between merchants and acquiring banks (banks that process card payments). ISOs (Independent Sales Organizations) with payments are essentially intermediaries between the merchants who want to accept credit card payments and the […]

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Merchant Account – Underwriting Department

The underwriting department is responsible for reviewing and evaluating merchant account applications for approval. This department assesses the risk involved in providing a merchant account to a business and makes a decision on whether or not to approve the application. The underwriting department performs a thorough evaluation of the business, including a review of the […]

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PayPal shut my account down

PayPal may shut down an account if it determines that the account holder has violated its acceptable use policy or any other terms of service, or if the account holder is engaging in activities that may harm PayPal or its users, or if the account holder is in violation of any laws, regulations or guidelines […]

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Stripe shut my account down

Stripe may shut down accounts for a variety of reasons, such as violation of its terms of service, suspicious or fraudulent activity, or failure to comply with regulatory requirements. If an account is shut down, Stripe will typically provide the account holder with a reason for the shutdown and information on how to appeal the […]

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ClickFunnels

ClickFunnels is a website and sales funnel builder. It is designed to help businesses create and optimize their online sales process. The main features of ClickFunnels include the ability to create landing pages, sales pages, and entire sales funnels, as well as integration with email marketing and payment gateway services. It also includes features such […]

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