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What is a Payment Gateway and How Does It Work?

Stax

A payment gateway is a must-have for online stores. In fact, research from 2023 shows that 69% of Americans said they’ve used a digital payment method in the past 3 months when making a purchase. And the best way for online businesses to start accepting payments is with a payment gateway.

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The Benefits of Processing Payments in Epicor

EBizCharge

In the fast-paced world of modern commerce, efficient payment processing is essential for successful transactions. Epicor, a global provider of industry-specific business software, carries an arsenal of tools and features to enhance productivity and profitability by integrating all facets of a business into one easy-to-use platform.

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What is Payment Facilitation as a Service or PayFac-as-a-Service?

Ikajo

Digital payments have become such an integral part of our daily lives that it is challenging to imagine what our world would be like without them. Online stores can now start accepting payments for goods and services in a matter of days. What is a payment facilitator (PayFac)? What is PayFac-as-a-Service?

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What Is A Payment Service Provider (PSP)?

Nanonets

​A payment service provider (PSP) is a company that provides online payments for e-commerce, similar to a credit card processor in a brick-and-mortar store. PSPs typically work with banks and other financial institutions to provide the necessary back-end infrastructure for processing online payments.

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Paperless accounts payable: An implementation guide

Nanonets

It often means digitizing years of data, training your staff, and shifting your workflows. Consider this:  Levvel Research  found that 50% of businesses grapple with late payments and missed discounts due to protracted approval cycles. It smooths vendor relationships through prompt payments. It's everywhere.

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The best reconciliation software and tools in 2023

Nanonets

To ensure the integrity of financial data, accountants and bookkeepers rely on the general ledger account reconciliation process. While not a complete ERP system, it can be extended through third-party integrations for additional functionalities. Limits on invoices and bill payments in the entry-level plan.