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Digital Payments: 12 Digital Payment Options to Consider Accepting in Your Business

Stax

We can hail a ride from a mobile app, and our transactions for all sorts of goods and services can be easily paid for from our phones. Physical wallets are phasing out, left behind in favor of digital wallets and other digital payment options. For merchants, digital payment methods include the ways in which payments are accepted.

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Credit Card Processing for Small Business: Everything You Need to Know

Stax

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. Authorization The credit card details captured by your POS or online payment gateway will be sent to your payment processor.

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What is a Payment Service Provider (PSP) and How Do They Work?

Stax

The dominance of cashless commerce means only businesses that ensure the seamless processing of in-store and online credit and debit card payments will remain competitive. The question is: how do payment service providers work and how can you choose the right one for your business? Read on to find out.

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13 Questions to Ask When Evaluating a Merchant Service Provider

EBizCharge

A merchant services provider (MSP) is an intermediary between banks, card networks, and merchants, ensuring smooth and secure transactions between businesses and their customers. MSPs provide payment technology that enables businesses to process digital payments, such as credit, debit, and ACH/eCheck transactions.

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Finovate Global Uzbekistan: Fintech Innovation and Banking Breakthroughs in Central Asia

Finovate

Before that, we were talking about Ireland’s Central Bank and its search for top fintech talent, new investment in mobile payments in the Philippines , and the pace of digital transformation in India’s financial services sector. You joined TBC a few years after the bank expanded to Uzbekistan. Why Uzbekistan?

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This Week in Fintech: TFT Bi-Weekly News Roundup 16/07

The Fintech Times

Allied Payment Network , a provider of real-time, open-network payments solutions to banks and credit unions, adds Hank Vanjaria as its new chief financial officer. Sam joined Redwood from the Royal Bank of Scotland in 2020 and has more than eight years’ experience in secured lending and asset finance roles.

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What Is the Role of Merchant Acquirers in Credit Card Processing?

EBizCharge

Merchant acquirers , also known as acquiring banks, are responsible for setting up and maintaining merchant accounts, allowing businesses to accept payment cards from customers. Card issuers are banks or financial institutions that issue credit cards to consumers.