1. single rate: the rate of successful payment after the buyer's purchase.
Generally speaking, the collection rate is affected by whether the tool is compatible with the mainstream local payment methods. Generally speaking, the more compatible the tool is, global payments credit card processing the more compatible the buyer's payment habits will be.
This will greatly reduce the number of buyers who drop payments because the payment method is not supported.
2. Non-payment rate: The rate at which the buyer receives the goods and completes payment.
Generally speaking, when a buyer pays, the money does not go directly to the seller's account, but can be temporarily absent from the acquirer's development in order to improve the response to the probability of returns and refunds.
Once it occurs, the seller will lose two pieces of goods, even if it is very serious, the bank will simply close the collection channel.
A good acquiring tool will improve channel stability and directly block card payments with poor consumer credit.
Including when it was established, the current operating status, the size of the fund, whether the shareholders background is deep, whether to comply with the rules and their own risk control rules.
4, collection tool rates.
The lower the rate, the lower the cost of collection tools to return funds, which is obvious.
The shorter the settlement work cycle time, it means that the seller can get the money faster, corporate sellers in general, the money in their hands can be more secure.
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