Clearly Payments

AUGUST 14, 2024

North America Payment Processing Fees Merchants in the United States and Canada face some of the highest payment processing fees in the world, with average rates ranging between 2.3% Unlike Europe, where interchange fees are capped at 0.3% consumers prefer credit cards—further drive costs. for a total cost to merchants.

Process 104

Process Credit Cards Alternative Payment Methods Debit Card 104

Stax

SEPTEMBER 26, 2024

It requires stringent adherence to regulatory guidelines and card network rules, from surcharge caps to disclosure requirements. Some states cap the surcharge rate to a set rate or dollar amount. 22% of businesses implement surcharging to offset credit card processing fees. Visa offers printable templates to help with this.

Credit Cards 88

Credit Cards Caps Best Practices Laws 88

Stax

MARCH 14, 2024

During the 2020s, almost all businesses will have been looking at b2b payments processing solutions to meet changing consumer needs. Online and contactless adoption multiplied, and digital payments rose. Business to consumer (B2C), by comparison, relies on speedy payment processing to transact on the spot.

B2B 88

B2B Process B2C Credit Cards 88

Nanonets

FEBRUARY 21, 2024

Pre 1980s - Manual Accounts Payable: Accounts payable processes were entirely manual, involving physical invoices, paper checks, and ledger books. 1980s-1990s - Digital Ledgers : Early software solutions provided basic digital ledger capabilities, streamlining some parts of the process. Convert to float Add decimal places to numbers.

Automation 52

Automation Process Rules Accounts 52

Nanonets

NOVEMBER 23, 2024

While its free mobile app and API integration make it flexible for many users, its limitations, such as a 15-page processing cap and strict API rate limits, can hinder large scale document processing.  Bank statement conversion: Turns PDFs into CSVs for quick import into Xero.

Multi-Currency 52

Multi-Currency API Automation Online and Mobile Banking 52