Stax

NOVEMBER 14, 2024

These can include terminal fees, early termination fees, setup fees, reprogramming fees, PCI compliance fees, address verification fees, chargeback and retrieval fees, and payment gateway fees. Needless to say, there are a number of things you need to keep an eye out for on your credit card processing statement every month.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Payment APIs and Integration 88

Stax

OCTOBER 14, 2024

Beyond compliance, look for processors that offer advanced security features like tokenization and encryption, which add layers of protection to payment information. So while it may be simple, it typically results in higher overall processing costs for most established businesses.

Processors 88

Processors Small Business Payment APIs and Integration Payments 88

Payment Savvy

JULY 3, 2024

Once the card is swiped, tapped, or details entered, the merchant’s POS system or payment gateway captures the transaction details. Encryption protects data during transmission between the merchant, acquiring bank, card network, and issuing bank, so even if the data is intercepted, it remains indecipherable to unauthorized parties.

Debit Card 52

Debit Card Process PCI DSS Processors 52

Stax

JANUARY 17, 2024

ACH transactions are one of the fastest-growing modes of electronic payments in the world due to the convenience they offer, low processing costs, and enhanced security. Instead of going through a third-party payment gateway, your ACH PayFac will allow the use of its own platform to process your payments.

ACH 88

ACH Facilitators ISVS Payment APIs and Integration 88

EBizCharge

NOVEMBER 12, 2024

Once approved, a merchant account is established, enabling the business to integrate various payment solutions, such as payment gateways for online, mobile, and in-person payments. The merchant service provider also uses the information gathered to determine transaction fees, setup fees, and other terms of service.

Online and Mobile Banking 52

Online and Mobile Banking Processors Debit Card Volume 52

EBizCharge

JUNE 28, 2024

Credit card networks impose a cap on surcharges, typically restricting them to no more than the merchant’s cost to process credit card transactions or up to 3%, whichever is lower. Consequently, merchants cannot profit from these fees; their purpose is solely to cover processing costs.

Credit Cards 52

Credit Cards Legal Debit Card Disputes 52

Nanonets

APRIL 16, 2023

Get Started Approval Process The best AP automation software runs an efficient approval process from approval prediction to multi-tier approval management. This helps a business take advantage of the early payment cycle and cuts processing costs. This minimizes the delays in obtaining approvals and improves efficiency.

Automation 52

Automation AI Accounts Reconciliation 52