ConnexPay Corner

 For an online marketplace, payment needs can be significantly different than for a traditional ecommerce business. For example, many online marketplaces don’t own inventory or sell their own merchandise; rather, they’re a platform that allows third parties to sell products to customers (for example, Etsy). As...

As a merchant, you never want to have a dispute with your customers—especially over a payment. Unfortunately, chargebacks do happen, and they’re a hassle to deal with. However, there are some things you can do to help prevent chargebacks from happening in the first place.

In today’s rapidly evolving online-transaction environment, virtual credit cards (VCCs) are replacing plastic and simplifying cash flow management. According to Juniper Research, virtual card transactions amounted to $1.9 trillion in 2021, and that number is expected to reach $6.8 trillion by 2026. Virtual card...

How closely are you reading your monthly payment processing invoice? If, as a merchant, you’re paying without understanding how processors can hide and inflate fees, you could be significantly overpaying.

By Bob Kaufman When I founded ConnexPay in 2017, we were the first company to fundamentally remove risk from payment transactions by connecting merchant processing and virtual card issuing into one solution. By linking two formerly separate systems, we now have visibility into the entire payment process,...