Stax

JANUARY 17, 2024

Automated Clearing House (ACH) payments are a type of electronic bank-to-bank payment system in the US. An ACH payment facilitator, therefore, is simply a PayFac that allows users to accept payments through an electronic bank-to-bank network.

ACH 88

ACH Facilitators ISVS Payment APIs and Integration 88

EBizCharge

MAY 15, 2024

Here are some fundamental terms to understand: Merchant account Payment gateway Payment processor Acquirer Issuer Merchant account A merchant account is a specialized bank account that allows businesses to accept customer payments through credit cards and other electronic payment methods.

B2B 52

B2B Wire Transfer Payments Payment Gateways 52

PYMNTS

JANUARY 5, 2017

ACI Worldwide, a provider of real-time electronic payment and banking company, announced Wednesday (Jan. 4) that it expanded its relationship with the Shared Electronic Banking Services Company (KNET) in Kuwait in which it will use ACI Worldwide’s payment risk management service.

Fraud Prevention 40

Fraud Prevention Risk Management Interoperability Electronic Banking 40

Clearly Payments

APRIL 3, 2024

This process is vital for businesses, as it enables them to accept payments through various methods, including credit and debit cards, electronic bank transfers ( EFT/ACH ), and digital wallets. At its core, it involves the authorization, capture, and settlement of transactions. This usually occurs within a few days.

Process 59

Process Processors Online and Mobile Banking Payments 59

Payment Savvy

NOVEMBER 8, 2022

Sharing your bank account information or, indeed, any kind of personal information at all might seem fairly daunting to many people. However, ordinary consumers and businesses alike are getting used to the fact that in this digital world we live in, electronic banking and handing over personal information with it are the norm these days.

ACH 98

ACH Payments Debit Card Online and Mobile Banking 98

PYMNTS

MARCH 16, 2016

Already, cooperation between innovators and banks is breaking up the longstanding foundations of the financial services market. But I don’t think you’ll see Google or Amazon acquiring a banking license,” Wong said, noting that their services are built on top of existing, bank-owned infrastructure.

Commercial Card 42

Commercial Card Online and Mobile Banking Payments Payer 42

Ikajo

NOVEMBER 2, 2023

They play a vital role in facilitating various payment methods, such as credit or debit card transactions, digital wallet transfers, mobile payments, and electronic bank transfers. billion acquisition of Ingenico, which ended up creating the largest acquirer and payment processor in Europe. To name a few, Worldline’s $8.6

Process 52

Process Processors Payment Gateways Payments 52