What exactly is L2 & L3?When accepting a business or purchasing card, you can often save on your Interchange fees by providing certain data fields within the transaction. There are two levels of data that can be provided – Visa calls these Level 2 and Level 3, and Mastercard calls [...]
The Tax Identification Number is requiredAs part of our legal responsibility to ensure that all electronic payments can correctly be traced to a real company and real people, Dharma is required to collect the Tax Identification Number for every new account. For most businesses, this is your Employer Identification Number [...]
About Payment AggregationFor most merchants, accepting payments is a critical part of doing business. What isn’t always critical is having your own merchant account. There are some situations where leveraging a provider with a master account is a better solution. You are likely familiar with some of the major Payment [...]
What is Card Testing?When we say Card Testing, we mean just that – someone is using your website to test out a series of card numbers to see which ones are good, and can be used to make other purchases. These card numbers are likely stolen, or purchased on the [...]
The MATCH List Let's get the acronym out of the way: MATCH stands for Member Alert to Control High-Risk. It was created and is managed by MasterCard as a means of compiling information on businesses, and their owners, whose credit card processing privileges have been terminated. This database is then [...]
Watch a video to see how to easily run a transaction in MX Merchant. With QuickPay, it takes just a few moments to process a credit card transaction from any internet-connected computer. Click the below video to see how to use QuickPay. https://vimeo.com/157481445?loop=1
Need to add a quick “Pay Now” or “Donate Now” button to your website? With MX Merchant, it takes only a few clicks to create a quick-payment link so that your customers can send you payments. Payment Links are easy to setup, and you can create as many as you need. [...]
Electronic invoicing is sending orders to be paid via the internet, making it the most convenient way to process billing and accept payment for goods and services. It is a secure way to present and manage transactions between a business and client. Making it Quick and EasyIf you have repeat [...]
Recurring billing is a series of automatic payments for goods or services set up on a specified schedule. These can include subscriptions, memberships, security services, or any repeatedly and regular purchase that a customer has signed up for. A customer simply gives permission for a business to charge their card [...]
What does the phrase e-commerce bring to mind? Amazon? Ebay? Steam? Most people know the big names, and understand that it refers to buying and selling products and services online. What they might not understand is that the concept of e-commerce has grown immensely in recent years. Most business, be [...]