Josh Ewin, President & COO at Helios Payments, explains how Helios has built a strong book of business around high-risk businesses, like ecommerce, CBD and subscription services. Plus, Patti reports on growing demand for Buy-Now-Pay-Later services, and James offers insights on selling technologies and POS solutions.
Author Archives: Josh Ewin
Managing Your MID’s Reserve Account
What is a reserve account?For merchants in higher-risk verticals (nutraceuticals, subscription billing , etc), many banks will require a reserve account to off-set the risk to the bank. To fund the account, a percentage of every batch will be deposited into the reserve account. Processing fees, refunds and chargebacks are deducted from your business checking …
EMV 3D Secure and PSD2 Compliance
What is PSD2?PSD2 is the latest version of the Payment Services Directive, which was intended to establish a Single Euro Payments Area (SEPA). The original regulation was established over a decade ago, and the PSD2 update is intended to better align payment regulation with the current state of payments technology and the payments ecosystem. If your …
EMV 3D Secure – The Latest Weapon Against Friendly Fraud
The latest 3DS protocol, “EMV 3DS”, was designed with 3 goals in mind: reducing fraud, increasing approval rates, and enhancing the consumer experience.