With an increasing trend of businesses taking ‘card not present’ payments online, MYOB has partnered with The ai Corporation to deliver an industry-leading payment gateway that actively works to detect and protect against fraudulent activities.
It’s the time of year where Christmas sales are beginning to spike for retail business owners. But this is also the time of year for spikes in fraudulent sales activity.
Suppliers and staff will now be paid on the same day payment is processed directly from MYOB software packages, thanks to a new deal struck between payments giant Mastercard and MYOB.
We’re now at a point where merchants offering multiple types of payment options for their customers isn’t a luxury – it’s necessary.
Accounting practices need to reconsider their practice business model – in particular how they invoice, accept payments, protect against fraud, and monitor emerging payment trends.
Cash-only businesses aren’t just inconvenient, they’re viewed with suspicion by more than half of the population – despite whether the businesses have shifty intentions or not.
Before your business makes the decision on accepting credit cards and direct debit payments from your customers, it’s helpful to learn how the credit card transaction processing works in practice.
Just when you thought you were getting a handle on physical credit cards, along come virtual credit cards to complicate matters.