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Affirm Makes Flexible Pay Options Available in the U.K.

Finovate

shoppers will have access to Affirm’s interest-free payment option as well as its interest-bearing option that applies a fixed interest on purchases calculated on the original payment amount. At launch, U.K. Building on our leadership in the U.S. ” said Affirm Founder and CEO Max Levchin.

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ACH Reversals vs. ACH Returns: What’s the Difference?

EBizCharge

An ACH return occurs when a digital payment transaction can’t be processed. When this happens, the Receiving Depository Financial Institution (RDFI) automatically initiates a return of the funds to the Originating Depository Financial Institution (ODFI). What is an ACH reversal? How do ACH reversals work?

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Lease-To-Own Services Make A Comeback With Overstock.com

PYMNTS

The retail chain originally launched a program called LEASE IT in 2012, aimed at providing an affordable solution to those who do not have credit or cannot benefit from layaway because they need the product immediately.

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ACH Payment vs Wire Transfer: What’s the Difference and Which Payment Method Should You Use?

Stax

ACH Payment Wire Transfer Speed of transactions Typically takes 1-3 days for the receiving bank to receive the funds Within a day for a domestic wire transfer. International wire transfers can take up to 7-10 days Costs and fees Around 1% of the payment amount. No fees on the receiving side.

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The Ultimate Guide to Online Payment Processing

Stax

Some payment gateways use tokenization to secure sensitive customer details. Its a process where the credit card data is replaced by placeholder values on your local system, while the original data is stored externally in a secure data vault.

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ACH Alert Addresses Real-Time Payments Fraud For Account Holders

PYMNTS

Its PRO-TECH RT tool enables account holders to establish restrictions on incoming real-time payments and customize when alerts are sent via text, email or both. Users can also set up approved or blocked lists based on payment amounts, sender, frequency and start/end dates.

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Sears Offers Online ‘LEASE IT’ Financing Program

PYMNTS

The retail chain originally launched LEASE IT in 2012, aimed at providing an affordable solution to those who do not have credit or cannot benefit from layaway because they need the product immediately. A credit check is not required, and the program offers weekly, bi-weekly or monthly payments based on the customer’s pay cycle.

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