PaidPayments General

General

What is Friendly Fraud?
Not all claims of fraudulent transactions or customer dissatisfaction are legitimate. In some cases, a consumer abuses the protections of the chargeback ...
Wed, 1 Sep, 2021 at 12:48 AM
What is CVV/CV2?
CVV2 (Card Verification Value, Second Generation) is a three-digit value that is uniquely derived for each credit card account. It is printed in reverse ...
Wed, 1 Sep, 2021 at 12:48 AM
What is a Merchant Account?
A merchant account is an agreement between a merchant, an acquiring bank, Visa, MasterCard, and possibly American Express, Discover, Diners Club, JCB, et...
Wed, 1 Sep, 2021 at 12:48 AM
What is an Issuing Bank?
The issuing bank is the institution that backs the cardholder’s credit card or other payment method. Typically, issuers are major commercial banks, e.g. ...
Wed, 1 Sep, 2021 at 12:48 AM
How do I sign up for PaidPayments?
Login to your dashboard From the dashboard screen, select the PaidPayments option. Select the Type of business and click Next: For Individual...
Wed, 1 Sep, 2021 at 12:48 AM
What is an Acquiring Bank?
An Acquiring Bank is a bank that is responsible for acquiring the funds from credit card issuing banks for transactions that were processed by your custo...
Wed, 1 Sep, 2021 at 12:48 AM
How do I add my bank account for deposits?
Login to the dashboard At the top of the screen, click on the link to Add Bank Details In the popup window that appears, fill out the Routing Num...
Wed, 1 Sep, 2021 at 12:48 AM