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Understanding the Payment Terminal: Integrated vs. Semi-Integrated vs. Non-Integrated Payment Terminals

Stax

TL;DR A payment terminal enables a merchant to take chip card and contactless payments. In the modern economic landscape, it’s essentially a requirement to have a successful business. In simplest terms, payment terminals are the machines used to pay for things using credit or debit cards when you make a purchase in-person.

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What Is Debit Card Processing & How Does It Work?

Payment Savvy

As the preferred method for many, debit card transactions offer convenience, security, and immediate fund transfers, making them integral to modern commerce. Businesses that learn the ins and outs of debit card processing can better accommodate their customers’ preferences and rationalize their financial procedures.

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Fintech Trending: P2P, EMV, NFC, NLP… OMG

Fintech Labs Insights

With increased competition in the P2P payments industry ( PayPal / Venmo ( FDNY 16 ), Square Cash, Zello), banks are feeling pressure to compete by offering faster delivery of funds. The partnership enables banks to offer funds-transfers a day sooner, or even same-day. Ready, set, ACH.

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