When you apply for a merchant agreement the acquirer might request a “Rolling Reserve”. Rolling Reserve is a method used by acquiring banks to create a buffer in case of bankruptcies, fraud and other incidents where the acquirer may lose money. The buffer is constructed by withholding a percentage of revenue for an agreed period …
AltaPay Payment Platform Enables Seamless, Omnichannel Payment Processing in any Currency via a Single Payment Solution Omnichannel commerce vendors need a solution which is designed to simplify the complexity traditionally found in the customer experience so that it is seamless across search and selection of product processes through payment, shipping and return workflows. The NetSuite/AltaPay …
A Fixed Reserve is often requested by acquiring banks to create a buffer in case of bankruptcies, fraud and other incidents where the acquirer may lose money.
Better prices, better service “We began, and have now chosen to continue, with AltaPay because we just don’t think we can get the same prices or the same attention elsewhere,” says Allan Junge-Jensen, CFO for Boozt Fashion AB. “They’ve really stepped up. They’re very proactive. They pay attention to our challenges and solutions, and they …
AltaPay gives Boozt a One-Stop, highly efficient payment solution Read More »
COPENHAGEN, Jan. 26, 2017 – AltaPay and IPS are pleased to announce a new partnership as part of a strategy to expand their global reach. The partnership will deliver the first fully unified payment solution across online, in-store and mobile channels in multiple countries. Thanks to this unified setup, merchants can, for the very first …
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