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

Stax

They allow you to move with the device and accept payments wherever you need — both bank cards and mobile wallet payments. Digital wallet payments Digital wallets lets consumers make contactless payments, linked to their debit card or credit card information, without the need for a physical payment card.

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

The Fintech Times

Fintech PAYSTRAX has forged a new partnership and integration with UK payment solutions provider Cardstream to provide smooth card and online transactions for its customers. PAYSTRAX merchants can also integrate Cardstream’s payment gateway into their online platforms, websites or mobile apps.

FinTech 52
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What Is Debit Card Processing & How Does It Work?

Payment Savvy

Online, they enter their debit card information (card number, expiration date, CVV code) directly on the merchant’s website or app. Once the card is swiped, tapped, or details entered, the merchant’s POS system or payment gateway captures the transaction details.

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BIN Checker: Understanding Bank Identification Numbers

Payment Savvy

A BIN checker is a free tool that helps you retrieve information about a payment card based on the BIN number. Any valid BIN number contains key details about a card brand, its issuing bank, card type, and card level. You can find the bank’s contact details with a website and sometimes even a phone number.

Issuers 98
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How People Pay Around The World And What It Means For The Future Of Payments

CB Insights

Banks are happy to offer credit cards to their customers — they’re highly profitable, and consumers like their convenience, among other benefits. The credit card system involves a number of different parties that allow consumers to pay using a line of credit. The customer is responsible for repaying the issuing bank.

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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

In addition to serving Amazon’s core customers, payments is an attractive revenue line when thinking about the scope of the payments market. Swipe fees alone are a $90B-a-year business for banks, card networks like Visa, and payment processors like Stripe.