Will My Chargebacks Increase with FlexPay? No, your chargebacks will not increase with FlexPay. However, it’s important to understand why this is the case, as it’s a valid concern for every merchant. We Understand the Impact from Chargebacks We started FlexPay when we were merchants ourselves, trying to fix our own false decline problem. We were getting Read more…
What is the Best MCC for My Business? As our economy becomes more complex and new goods and services emerge, it’s often not cut and dry what the MCC should be for the merchant. Plus, many merchants can potentially qualify for multiple MCC’s. For example, a merchant sells SaaS on Read more…
How Does Machine Learning Compare with Rules-Based Expert Systems when Applied to Recovering Declined Credit Card Transactions? You’re probably asking this question because you’ve discovered several companies have a decline salvage service, and you’ve read descriptions of AI, rules, machine learning, and you don’t know how to evaluate the difference Read more…
What is a MCC? MCC is the Merchant Category Code. Every merchant needs a merchant account to process transactions, and every merchant account has an MCC assigned to it. Sadly, most merchants are not aware of it and weren’t told about it when they applied for a merchant account – even though it can have a bigger impact on Read more…