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SUNRATE Offers Apple Pay Functionality for Credit Card Customers

The Fintech Times

SUNRATE , a Singapore-based payment and treasury management platform, is bringing Apple Pay to its customers, offering a safer, more secure and private way to pay, and using the iPhone’s power to protect each transaction. Now, SUNRATE customers can use an iPhone or Apple Watch at payment terminals to make contactless payments.

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SUNRATE Brings Apple Pay to its Commercial Credit Card Customers

Fintech Finance

. “More and more businesses seek out for the same degree of convenience and security that they enjoy in their everyday personal transactions – therefore, even though we are known to be a global B2B payment platform, we’re thrilled to bring Apple Pay to our customers,” said Qincheng Wang, Head of Product, SUNRATE.

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Mobile Phones and the Future of Payments Beyond 2024

Clearly Payments

Consumers, increasingly tech-savvy and seeking convenience, have readily embraced the swift and seamless nature of mobile payments over traditional methods. 51% of smartphone users in the USA have engaged in contactless payments at least once in 2023. smartphone users had engaged in contactless payments at least once in 2023.

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What Is Debit Card Processing & How Does It Work?

Payment Savvy

Contactless Payments : Using NFC (Near Field Communication) and RFID (Radio Frequency Identification) for debit card transactions. EMV Chip Technology EMV (Europay, Mastercard, and Visa) chips generate unique, one-time codes for each transaction, making it much harder for fraudsters to clone or counterfeit debit cards.

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10 Easy Ways to Collect Payments from Customers

EBizCharge

This article will explore ten straightforward methods for collecting payments from customers, highlighting the benefits and practical applications of each. The importance of seamless payment collections A seamless payment collection process is crucial for businesses as it ensures efficiency and customer satisfaction.

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The 7 Best Mobile POS Systems for Small Businesses in 2024

Stax

Payment processing options An mPOS system should support various payment options to accommodate customer preferences. Traditional methods like cash and credit cards/debit cards are a must-have, as are digital wallets and contactless payments such as Apple Pay for iOS and Android’s Google Pay.

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How Visa and MasterCard Shape the Payments Industry

Clearly Payments

These networks have transformed the way payments are processed, moving from paper-based transactions to electronic authorizations and settlements. How Visa and MasterCard Influence the Payment Industry with Their Market Dominance The biggest is payment network is Visa with 40% of the global market.

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