Card Association and Processors

Paymentology Supports Diamond Trust Bank to Drive Financial Inclusion in Kenya

The Fintech Times

MAY 9, 2024

Paymentology , the global issuer-processor, has joined forces with Diamond Trust Bank , a tier-one East African commercial bank, in a move hoping to help drive financial inclusion in Kenya through the embedding of financial services, and deployment of Cards-as-a-Service (CaaS).

Financial Inclusion

Financial Inclusion Embedded Finance Payment APIs and Integration Non-Bank

An Overview of the Payments Ecosystem in 2024

Clearly Payments

FEBRUARY 14, 2024

From independent sales organizations (ISOs) and payment facilitators (PayFacs) to acquirers, card associations, and beyond, each entity plays a unique role in shaping the payment industry. Payment Processors: These companies handle transaction authorization and settlement, ensuring smooth data exchange.

Payments

Payments BNPL Value Added Service ISOs

What is a Chargeback Analyst?

Fi911

JUNE 4, 2024

This professional typically collaborates with financial institutions, payment processors, and card associations to represent the merchant’s interests. This allows for quicker response times, efficient communication with banks and processors, and a more effective overall process.

Disputes

Disputes Fraud Prevention Compliance Processors

Webinars

7 Essential Criteria for Choosing the Right Payments Partner

MORE WEBINARS

Everything You Need to Know About PCI Compliance for Credit Card Processing

Stax

SEPTEMBER 17, 2024

Failing to comply with the Payment Card Industry Data Security Standard can have a number of severe consequences for a business. Financial Penalties and Fees If your business isn’t PCI compliant, your processor will charge you a monthly fee for not being compliant with PCI DSS standards. Stax is a Level 1 PCI Service Provider.

PCI DSS

PCI DSS Credit Cards Compliance Process

Is Clover a Good POS System for Your Business?

Synapse Payment Systems

SEPTEMBER 27, 2022

You are required to use them as a merchant processor when using their system. The Clover POS system is agnostic to any merchant processing company using the First Data platform, which is one of the biggest in the world and preferred by most processors today. Why is Clover a Good POS System for Most Businesses?

Push-to-Card

Push-to-Card Processors Process Card Association

How To Become an ISO Partner?

Payment Savvy

FEBRUARY 6, 2023

In a traditional setting, large banks (for example, Bank of America) that are members of credit card associations (Visa and Mastercard) handled all the payment processing services for merchants. ISOs represent banks and other payment processors and resell their services to merchants. What Is the Role of ISO Partners?

ISOs

ISOs PCI DSS Processors Card Association

Best 2022 Guide to Credit Card Processing for Nonprofits

BNG Payments

FEBRUARY 4, 2022

If a nonprofit organization is unable to accept credit or debit card transactions or ACH transactions, it severely restricts its fundraising potential, and by extension, its ability to carry out its mission to their nonprofit clients. A credit card payment processor allows nonprofit organizations to process credit card transactions online.

Credit Cards

Credit Cards Process Processors ACH

Payment Security: Everything You Need to Know About Secure Payments

Stax

MARCH 4, 2024

Safeguarding customer payment information requires secure processes during the collection, transmission, processing and storage of payment data and working with a trusted payment processor. Find the right payment processor Choosing a reputable payment processor is your first step.

PCI DSS

PCI DSS Payment Security Security MFA

How To Find the Best Credit Card Processor for Small Business in 2024

Stax

DECEMBER 20, 2023

But to do most of that, you need to have a credit card processor. Since we’ve spoken a lot about credit card processing before, today we’ll take a look at how to find the best credit card processor for your SMB in 2024.

Credit Cards

Credit Cards Small Business Processors Payment APIs and Integration

Understanding the Numbers: Is Your Merchant Statement Confusing?

Evolve Payment

JUNE 27, 2023

If they are not being upheld, communicating with your processor about the discrepancy can often result in a positive change in your merchant processing rates. Track Business Performance: Understanding the fees associated with your merchant processing can help you gain insights into your business’s financial health.

Credit Cards

Credit Cards Processors Process Assessments

For Merchant Processing, A Guiding Key Principle: Reliability

PYMNTS

MAY 24, 2019

So, now you’ve got business software potentially integrating into a gateway, and the gateway is boarding the transaction to the card associations for authorization and settlement. Might it be the case, too, for the bank-as-processor model, as seen in Europe and Canada, to be more fully realized on U.S.

Process

Process Gateways Settlement Acquirers

How Payment Facilitation Works: An Overview for SaaS Providers

Exact Payments

OCTOBER 30, 2023

There are several entities and technologies that interact in order to facilitate the transaction process, including: Payment processors Payment processors are service providers that operate as intermediaries between the customer’s bank and the merchant’s bank. This bank is known as the sponsoring bank.

Facilitators

Facilitators Processors Payment APIs and Integration ISOs

How You Can Find Business Savings with Your Credit Card Effective Rate

BNG Payments

JANUARY 1, 2022

You will be charged transaction rates from your payment processor, merchant acquiring bank, card associations, and in some cases, even your merchant services provider. In this article, we will focus on payment processors. Less-than-forthright processors capitalize on this. Each model has benefits.

Credit Cards

Credit Cards Processors Non-Bank Card Association

Merchant Processing Explained: What Happens Behind the Swipe?

Evolve Payment

MARCH 21, 2024

More specifically, the OCC labels a merchant processing activity as: “the settlement of credit and debit card payment transactions by banks for merchants through various card associations.” Gateways securely pass sensitive customer data from your website or point-of-sale (POS) system to your payment processor.

Process

Process Gateways Processors Credit Cards

Understanding Payment Processing Terminology Glossary for Merchants

PayHawk

APRIL 18, 2023

Address Verification Service (AVS) A fraud prevention tool that checks the billing address provided by the cardholder against the address on file with the card issuer. Approval Code A code provided by the payment processor to indicate that a transaction has been approved.

Process

Process Card Issuer Online and Mobile Banking Issuers

Payments Space

Paymentology Supports Diamond Trust Bank to Drive Financial Inclusion in Kenya

An Overview of the Payments Ecosystem in 2024

What is a Chargeback Analyst?

Webinars

Everything You Need to Know About PCI Compliance for Credit Card Processing

Is Clover a Good POS System for Your Business?

How To Become an ISO Partner?

Best 2022 Guide to Credit Card Processing for Nonprofits

Payment Security: Everything You Need to Know About Secure Payments

How To Find the Best Credit Card Processor for Small Business in 2024

Understanding the Numbers: Is Your Merchant Statement Confusing?

For Merchant Processing, A Guiding Key Principle: Reliability

How Payment Facilitation Works: An Overview for SaaS Providers

How You Can Find Business Savings with Your Credit Card Effective Rate

Merchant Processing Explained: What Happens Behind the Swipe?

Understanding Payment Processing Terminology Glossary for Merchants

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