EBizCharge

AUGUST 12, 2024

Intermediaries like merchant acquirers that facilitate these digital transactions play a crucial role. This article will outline a merchant acquirer’s specific functions and obligations and what businesses should consider when selecting one. What is a merchant acquirer?

Credit Cards 52

Credit Cards Acquirers Process Debit Card 52

Fintech Finance

MARCH 18, 2024

The two companies will launch a joint solution to help international online businesses enter Thailand’s rapidly expanding e-commerce market, which is currently ranked 19th largest in the world. With its population of 70 million and GDP of $574 billion, Thailand ranks as the second-largest economy and e-commerce market in Southeast Asia.

PCI DSS 52

PCI DSS Cross-Border Cross-Border Payments Consumer 52

Payment Savvy

JULY 3, 2024

When a customer uses their debit card to make a purchase, the funds are directly withdrawn from their checking account, as opposed to credit card transactions where the funds are borrowed from the issuing bank. Card-Not-Present Transactions Online Debit Card Transactions : Transactions conducted via online platforms.

Debit Card 52

Debit Card Process PCI DSS Processors 52

Stax

NOVEMBER 21, 2024

Whether you are starting a new online store or looking to grow your existing brick-and-mortar small business, you must make provisions for accepting credit card payments. A study by the Federal Reserve Bank of San Francisco showed that credit cards account for 31% of all payments, significantly more than cash at 18%, and debit cards at 29%.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

Stax

SEPTEMBER 17, 2024

A payment gateway is a must-have for online stores. And the best way for online businesses to start accepting payments is with a payment gateway. TL;DR A payment gateway is a solution that securely reads and transfers a customer’s payment information to a merchant’s bank account—both for online and in-person transactions.

Payment Gateways 88

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 88

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. Mobile Payment Boom: The growing use of smartphones and tablets is boosting the adoption of mobile payment solutions like Apple Pay and Google Pay.

Process 59

Process Processors Online and Mobile Banking Payments 59

Stax

FEBRUARY 15, 2024

The payment processing industry facilitates electronic transactions between merchants and customers, spanning online, mobile, and in-person payments. It involves a complex ecosystem of financial institutions, including acquiring banks, payment processors, and card networks, alongside technology providers and regulatory bodies.

ISVS 88

ISVS Facilitators ISOs Payment APIs and Integration 88

EBizCharge

MAY 20, 2024

Payment portals NetSuite’s payment portal enables businesses to offer a self-service experience where clients can view their billing history, update payment information, and make payments online. Acquirer: An acquirer is a financial institution with the authority to process credit and debit card transactions on behalf of a merchant.

Process 52

Process PCI DSS Processors Payment APIs and Integration 52

Stax

JANUARY 10, 2024

Basics of Credit Card Fees Credit card fees refer to a range of charges that are imposed by credit card issuers on cardholders and merchants for completing credit card payments, either online or in person. Rather, they negotiate with banks such as Chase or Citibank to receive a “merchant discount rate” that is passed onto them by their bank.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

EBizCharge

APRIL 25, 2024

Apply for a merchant account A merchant account is typically set up through a payment processor or acquiring bank. This account serves as an intermediary between the business and the payment processor or acquiring bank, facilitating the secure processing of credit and debit card transactions, among other forms of payment.

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Credit Cards Contactless Payments 52

Stax

DECEMBER 20, 2023

Optimize your credit card processing speeds Slow transactions are, at best, an annoyance to customers, and at worst, result in lost sales, especially online. Use Address Verification Services (AVS) AVS is a fraud prevention measure for online and card-not-present transactions. Q: What’s the cheapest way to take card payments?

Credit Cards 88

Credit Cards Small Business Process Security 88

PayHawk

APRIL 18, 2023

A Acquirer The financial institution that processes payments on behalf of merchants. Automated Clearing House (ACH) An electronic network that enables the transfer of funds between bank accounts. B Bank Identification Number (BIN) The first six digits of a payment card number that identify the card issuer.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52

Clearly Payments

DECEMBER 5, 2023

This comprehensive guide aims to unravel the complexities and distinctions among three primary types of payment processors: Acquirers, Independent Sales Organizations (ISOs), and Aggregators. In the 1990s, the internet revolutionized commerce, and with it, online credit card processing emerged.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52

EBizCharge

AUGUST 8, 2024

From credit cards to alternative payment methods like mobile wallets, companies can cater to a global customer base with diverse payment preferences. While both are crucial for facilitating online transactions, they serve different purposes and functions. What’s the difference between payment gateways and payment processors?

Processors 52

Processors Payment Gateways Fraud Detection Encryption 52

Ikajo

NOVEMBER 2, 2023

As it is essential for businesses that receive payments online, there are payment processing companies that act as mediators. 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.

Process 52

Process Processors Payment Gateways Payments 52

EBizCharge

MAY 14, 2024

Invoice distribution: Invoices can then be issued to customers through online portals, email, or other preferred delivery methods without any manual process. Payment processing: Once a customer makes a payment – through credit cards, online portals, or bank transfers – the system processes and records the payments.

Automation 52

Automation Payment APIs and Integration Best Practices Online and Mobile Banking 52

Clearly Payments

DECEMBER 3, 2023

List of Payment Gateways 2Checkout (now Verifone): Global payment platform for online and mobile commerce (International). Alipay: Third-party mobile and online payment platform (China). Apple Pay: Mobile payment and digital wallet service (International). Credorax: Smart acquiring solutions (International).

Payment Gateways 96

Payment Gateways Gateways Payment APIs and Integration PCI DSS 96