Stax

JANUARY 17, 2024

Automated Clearing House (ACH) payments are a type of electronic bank-to-bank payment system in the US. Unlike payments facilitated by card networks like Visa or Mastercard, ACH payments are managed by a body called the National Automated Clearing House Association (NACHA). This provides an additional layer of security.

ACH 88

ACH Facilitators ISVS Payment APIs and Integration 88

Stax

MAY 7, 2024

For example, the interchange fees for online transactions may be higher due to the higher risk of credit card fraud. Interchange fees are set by credit card issuers, such as Bank of America, Citi, or Chase, and are adjusted every year in April and October. Can merchants pass credit card processing fees to customers?

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88

EBizCharge

MAY 15, 2024

Issuer The issuer refers to the bank or financial institution issuing the customer’s credit card. An issuer plays a crucial role as the entity responsible for granting payment cards and overseeing the financial transactions made using those cards.

B2B 52

B2B Wire Transfer Payments Payment Gateways 52

PYMNTS

MARCH 16, 2016

Offering the ability to pay with commercial cards is in our pipeline, but it is worth noting that credit cards will incur charges and these charges are dictated by the card issuer, as well as the card scheme or network,” Wong said. But Wong explained that this, too, can come with some unfriendly costs.

Commercial Card 42

Commercial Card Online and Mobile Banking Payments Payer 42