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STARTING OUT

Selecting the right payment processing partner is one of the most important decisions you’ll make as a business owner.

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INDUSTRY TERMS

Chargeback

“Chargeback” is a term that describes what happens when a charge has been or is currently being disputed. Disputes over charges occur for many reasons.

Merchant Funding

Funding occurs after a payment brand has reimbursed MONEXgroup for your customer’s purchase, in turn, allowing us to reimburse your business.

Interchange

”Interchange” is the word used to describe the moments during which a payment transaction is passed between the merchant, MONEXgroup, the payment brand and the bank.

Mobile Wallet Technology

With Mobile Payment Technology from MONEXgroup, you can turn your smartphone into a wireless POS payment-processing terminal.

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