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Can Virtual Cards Void Checks’ Feeble Future?

PYMNTS

Beyond the security aspect, other advantages accrue for buyers and suppliers who utilize virtual cards — and, as Webster noted, unplanned spend (which can be a significant percentage of operating costs) can be covered with relative ease.

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Understanding Payment Processing Terminology Glossary for Merchants

PayHawk

BIN Sponsorship A service provided by payment processors that enables merchants to accept payment cards from multiple card issuers. Bluetooth Card Reader A wireless device that connects to a mobile device or computer to process payment card transactions.

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