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Understanding Payment Processing Terminology Glossary for Merchants

PayHawk

A Acquirer The financial institution that processes payments on behalf of merchants. 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.

Process 52
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Understanding B2B Payments: Exploring Payment Methods and Key Terms

EBizCharge

As technology advances, digital payment solutions and automation tools are increasingly adopted to streamline B2B payment workflows and improve efficiency and transparency in transactions. Payment gateways encrypt sensitive payment data, such as credit card details, ensuring secure transmission.

B2B 52
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8 Southeast Asian Fintechs Featured in Forbes Asia 100 to Watch List

Fintech News

Zed’s innovative offering will include a no-fee credit card with features such as no hidden charges for international use, zero-interest on purchases for up to 31 days, and an advanced app with real-time transaction monitoring and security features like card freezing and unlimited virtual cards for secure online transactions.

FinTech 113
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Startup Business Loans with No Revenue

Payment Savvy

Impact on Credit – Similar to personal term loans, failing to make payments on a business credit card can negatively impact your personal credit score, as most card issuers require a personal guarantee. We also understand the value of convenience.

ACH 52
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

Typically, when a company wants to accept payments online, it has to set up a merchant account — a complex process involving legacy infrastructure and manual tasks that could take days or even weeks. Additionally, the company must underwrite risk, and is on the hook in the event of fraud or returned items. Source: Stripe.

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

CB Insights

In December 2017, Amazon’s Alexa Fund participated in a $16M Series A to Greenlight Financial, an alternative debit card issuer aimed at young consumers. With the card, parents can manage spending limits and allocate funds for their children through a mobile app.