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Everything You Need to Know About Credit Card Processing

Stax

This article on the best credit card processing companies providing payment processing services will help you reach a better understanding of credit card processing. Here are the inside details about what defines a payment solutions provider, how processing works, the credit card processing fees , risks, and more.

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An Overview of the Payments Ecosystem in 2024

Clearly Payments

From independent sales organizations (ISOs) and payment facilitators (PayFacs) to acquirers, card associations, and beyond, each entity plays a unique role in shaping the payment industry. The payment processing ecosystem is vast and multifaceted, with a staggering array of statistics underscoring its significance.

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Merchant Processing Explained: What Happens Behind the Swipe?

Evolve Payment

In this article, we’re untangling the web of merchant processing by discussing the key players involved. More specifically, the OCC labels a merchant processing activity as: “the settlement of credit and debit card payment transactions by banks for merchants through various card associations.”

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PSD2 Strong Customer Authentication – 3 Reasons to Include SMS

FICO

Over the past few weeks, I’ve seen several articles and seen and heard many comments that are positively crowing about the demise of SMS as a factor for PSD2 Strong Customer Authentication. Some argue that this cannot be done safely with SMS unless the transaction information is encrypted and included in the SMS message.