EBizCharge

NOVEMBER 12, 2024

A fundamental element that every business leader should be well-versed in is the merchant account — a critical service that facilitates electronic payments. What is a merchant account? Merchant account providers (MSPs) often offer tailored solutions based on the type of business and online transaction volume.

Accounts 52

Accounts MSPS Online and Mobile Banking Debit Card 52

Stax

DECEMBER 12, 2024

They account for over 50% of spending on vertical-specific software solutions (i.e., They work through a dedicated merchant account. To choose a merchant service provider, compare pricing structures, review contract terms, check system compatibility, and prioritize responsive customer support. Check processing.

Small Business 88

Small Business Online and Mobile Banking Volume Checks 88

FloQast

FEBRUARY 24, 2025

Transformation is a necessity that is hitting accounting teams worldwide. With 99% of accountants already experiencing some level of burnout and the talent shortage only intensifying that pressure adding more stress without support can quickly push them to their breaking point. But this can also lead to the status quo SALY mindset.

Accounts 52

Accounts Process Best Practices Addressing 52

FloQast

MARCH 19, 2025

In an industry facing an extreme talent shortage, combined with rapidly evolving technology, Artificial Intelligence (AI) agents should be a top priority for all accounting departments to evaluate this year. Use Cases of AI Agents AI in accounting is not new, although there have been significant advancements in recent years.

AI 52

AI Accounts Fraud Detection Audit 52

Open Banking Excellence

FEBRUARY 6, 2025

This vision extends to the private sector because while you may only have to interact with the government once or twice a year, people check their bank accounts on a daily basis. This way, we help to promote accountability and deliver a better overall experience.

Government 230

Government Governance Interoperability Central Bank 230

FloQast

JANUARY 22, 2025

Precision and adaptability are crucial in todays accounting environment. For finance and accounting professionals, using tools that drive efficiency isnt just helpfulits essential. Regular check-ins and attention to feedback mean that users see continuous improvement in the tools they rely on.

Accounts 52

Accounts Reconciliation Audit Finance 52

Segpay

DECEMBER 9, 2024

Without the right protections, these attacks can lead to expensive authorization fees and even the shutdown of your merchant account. Hackers Tactics: Its a Numbers Game Most fraud attacks rely on automated software, designed to test countless combinations of account details or credit card data until they hit on something that works.

Shutdown 105

Shutdown Gateways Fraud Prevention Authorization 105

Finovate

JANUARY 13, 2025

Be sure to check back all week long for the latest updates. Financial wellness Current account provider nsave launches its new investment product and announces EUR 17.5 million in funding. Payments Open banking payments network TrueLayer partners with payments orchestration platform BR-DGE.

FinTech 105

FinTech Settlement Payment Networks Acquirers 105

Stax

MARCH 27, 2025

Checks can bounce, and cash can get lost. TL;DR: Electronic Funds Transfer (EFT) is the umbrella term for all electronic payments made between bank accounts. EFT and ACH offer more security and convenience than cash and checks, but they also come with limitations. No cash or checks needed.

ACH 88

ACH Electronic Funds Transfer (EFT) Wire Transfer Wire 88

Stax

APRIL 10, 2025

TL;DR You get to choose from traditional payment methods like cash and checks, online payment methods like digital wallets and ACH transfers, and emerging payment methods like BNPL services and cryptocurrencies. Well highlight the pros and cons of each payment medium to help you narrow down the right options for your company.

Small Business 88

Small Business Wire Transfer BNPL ACH 88

Cardfellow

MAY 21, 2025

Lets take a look at what causes processors to freeze or close your account so you can do everything to avoid it. Freezes, Holds, and Closures Firstly, its important to understand the difference between three types of pauses on your processing: Freezes are full pauses on your merchant account. What causes account freezes or closures?

Accounts 40

Accounts Processors Credit Cards Push-to-Card 40

Stax

MARCH 18, 2025

Its the underlying infrastructure of digital or electronic payments, ensuring money moves freely and securely via the payers preferred payment method to the merchants bank account. It authorizes or declines payments based on available funds and fraud checks. It then deposits the funds into the merchants account.

Process 88

Process Payment APIs and Integration Processors Online and Mobile Banking 88

Stax

MARCH 4, 2025

Choose a reliable payment gateway, decide between API or plug-and-play solutions, set up a merchant account (if needed). The issuing bank verifies whether the customer has enough funds in their account to complete the transaction. Once approved, the information is sent to the merchants bank account, where the funds are deposited.

Credit Cards 88

Credit Cards Payment APIs and Integration Payment Gateways Gateways 88

Stax

JANUARY 21, 2025

They no longer handle cash and checks. They validate the customers payment details, ensure there are enough funds to complete the transaction, approve the transaction, and transfer money to the merchant account. Check whether the payment gateway supports digital wallets like Apple Pay, Google Pay, and Cash App.

Payment Gateways 88

Payment Gateways Gateways PCI DSS Payment APIs and Integration 88

Fintech Finance

JUNE 8, 2025

“Banks have an opportunity to adopt the mobile device as the main anchor of trust, rather than insisting on duplicate checks that frustrate customers,” says Marius Galdikas , CEO of ConnectPay , an all-in-one financial platform for online businesses.

Online and Mobile Banking 86

Online and Mobile Banking Authentication Credential Verification 86

Clearly Payments

NOVEMBER 13, 2024

This routing allows the processor to request authorization for the transaction from the issuing bank, which then approves or denies it based on factors like available funds and fraud checks. Supporting High-Risk Merchant Accounts : For high-risk industries , BIN information can be especially important.

Process 104

Process Processors Payments Compliance 104

Nanonets

NOVEMBER 24, 2024

Accounts Payable (AP) automation, a critical area in financial management, is no exception. This teamwork boosts accuracy and reduces biases by enabling cross-checks. Accounts Payable (AP) Automation We'll focus on building an AP system in this section. Invoice Validation : Automatically verify invoice details (e.g.,

Automation 52

Automation Accounts Payment APIs and Integration AI 52

The Payments Association

MAY 12, 2025

Why regulated payments still struggle Operating in high-friction verticals means threading a tight needle: AML and KYC checks are non-negotiable, while users expect fast, intuitive digital journeys. But legacy tooling often makes these goals feel mutually exclusive.

Regulations 88

Regulations Push-to-Card Instant Payments Non-Bank 88

Fintech Finance

FEBRUARY 24, 2025

Klarna will be automatically enabled as a default option in the Nexi check-out offering, allowing merchants to drive incremental revenue growth thanks to the added-value and flexibility that Klarna brings to shoppers. Nexi will enable its merchant customers across Europe to seamlessly offer Klarna’s payment method to their shoppers.

Online and Mobile Banking 96

Online and Mobile Banking On-Demand Facilitators Checks 96

Clearly Payments

JANUARY 15, 2025

Monthly or Annual Fees What It Is: Some processors charge a flat monthly fee for services like payment gateway access or account maintenance. Why Its Hidden: It might be labeled under generic terms like service fee or account fee, making it easy to overlook. Cost Range: Could be $10$40 per month or more. Cost Range: Often $0.01$0.10

Process 105

Process Processors Gateways Push-to-Card 105

Fintech News

FEBRUARY 4, 2025

Unlike its regional counterparts, where fraud types like triangulation fraud and account takeover fraud are more common, Singapore has seen a rise in more sophisticated and creative forms of fraud. Fraudsters use small transactions or sign up for free trials to check if a card is active.

Fraud Prevention 106

Fraud Prevention Phishing Authentication Disputes 106

Payments Dive

SEPTEMBER 4, 2024

Some customers deposited bad checks and immediately withdrew funds before the checks bounced in a glitch that went viral on TikTok. Now, some users have holds on their accounts.

Checks 147

Checks Accounts 147

Fintech Finance

JUNE 5, 2025

Point & Pay is utilizing Trustly’s Pay by Bank tools for enabling single sign-on with banks to deliver a next-generation approach to paying government obligations, reducing the occurrence of returned checks – a first in the electronic government payment platform space.

Government Payments 59

Government Payments Government Governance CFPB 59

Stax

NOVEMBER 13, 2024

Making a payment via the ACH network differs from making a payment with a credit card in that you are sending the money directly from one account to another, instead of charging it to a card you would later be liable to repay. The receiving bank then credits the money to the account of the receiving customer.

ACH 88

ACH ACH Network Payer Payee 88

Fintech Finance

JANUARY 22, 2025

Key benefits of Swish include real-time processing; Swish transactions land in a receivers account almost immediately helping merchant cash flow. This means it is now easier than ever for our clients to expand into the Swedish e-commerce market which is projected to reach over $13 billion by the end of 2025.

Multifactor Authentication 96

Multifactor Authentication Alternative Payment Methods Payments Authentication 96

Fintech Finance

FEBRUARY 10, 2025

The $10 million inter-company liquidity management payment, from a leading, global transfer agent, Computershare, to an account at another financial institution, marks a significant milestone in the evolution of instant payments, unlocking new opportunities for businesses to move money faster, optimize cash flow, and streamline financial operations.

Transaction Limits 105

Transaction Limits Instant Payments RTP Transactions 105

The Fintech Times

JANUARY 7, 2025

Enhancing security Some of these services are the Check IBAN, Name Check CBI and CBI Safe Trade, all designed to combat frauds and deliver greater security.Moreover, these solutions are fully in line with the Sustainable Development Goals (SDGs) identified by the United Nations 2030 Agenda.

Value Added Service 105

Value Added Service Finance Payee Cross-Border Payments 105

Cardfellow

MAY 19, 2025

Some credit card machine companies also provide merchant accounts, while others are solely equipment manufacturers. Check out CardFellows full credit card processing equipment directory for reviews, feature lists, compatibility with processors, and more. Universal credit card machine companies dont provide merchant accounts directly.

Credit Cards 94

Credit Cards Processors PayPal Push-to-Card 94

VISTA InfoSec

JANUARY 18, 2024

Changing Defaults and Removing Unnecessary Accounts Before installing a system on the network, it’s crucial to change all vendor-supplied defaults and disable or remove any unnecessary default accounts. Vendor manuals and online sources can be used to find vendor-supplied accounts and passwords. PCI DSS v3.2.1 PCI DSS v4.0

PCI DSS 289

PCI DSS Procedures Encryption Security 289

Cardfellow

JUNE 14, 2025

The question is, should you go cashless altogether and stop accepting bills, coins, and checks? Easier Financial Management and Reconciliation Counting up all of your cash, checking it against receipts, sorting it, and taking it to the bank all take time. The answer is “it depends.” This may be particularly true in food service.

Credit Cards 88

Credit Cards Debit Card Push-to-Card Transactions 88

Bank Automation

MAY 2, 2025

In fact, overall customer satisfaction with direct bank checking accounts is 692 on a 1,000-point scale, giving direct bank accounts a 24-point edge over the average regional bank and a 35-point higher satisfaction […] The post Study: Online banks lead FIs in customer satisfaction appeared first on Bank Automation News.

Checks 66

Checks Automation Accounts Posting 66

My Payment Savvy

APRIL 8, 2025

You dont really need two different apps for the same purpose, so you might want to delete your Cash App account. The process is pretty straightforward, and you can learn all about how to delete your Cash App account here. When to Delete Your Cash App Account Unsure whether deleting your Cash App account will be the best solution?

Accounts 40

Accounts CashApp Online and Mobile Banking Transactions 40

Stax

NOVEMBER 21, 2024

A study by the Federal Reserve Bank of San Francisco showed that credit cards account for 31% of all payments, significantly more than cash at 18%, and debit cards at 29%. When the funds get to your business’ bank, the bank will remove any associated fees and credit your account with the balance.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

Clearly Payments

JANUARY 14, 2025

They do this to reduce friction at checkout and make payment simpler for customers who already have accounts on those platforms. Technology Integration Many businesses use multiple systems like eCommerce platforms, accounting software, and CRM tools to run their operations. They dont like hidden fees or unexpected charges.

Online and Mobile Banking 105

Online and Mobile Banking Processors Payments Debit Card 105

VISTA InfoSec

MARCH 13, 2025

You may also check our latest YouTube video on PCI DSS 4.0 million accounts were leaked witnessing a 388% increase in compromised user accounts. These updates include increased flexibility for businesses and stronger authentication requirements, ensuring better protection in todays dynamic digital landscape.

PCI DSS 165

PCI DSS Data Breach Breach Compliance 165

Stax

JANUARY 23, 2025

Key steps include application review, risk assessment, credit checks, and compliance verification. Learn More What is Merchant Account Underwriting? Merchant account underwriting is the evaluation process payment processors use to assess whether a business meets the criteria for accepting credit card payments.

Underwriting 68

Underwriting PCI DSS Money Laundering Processors 68

Fintech News

JANUARY 13, 2025

However, this system is mainly used for accounts receivable, leaving room for the automation of accounts payable too. Effective expense management, however, depends on how well a company captures and processes information, approves transactions, ensures accurate financial accounting, and uploads correct payment data.

AI 123

AI Finance Automation SWIFT 123