EBizCharge

MAY 1, 2025

Encourage alternative payment methods Encouraging alternative payment methods can significantly offset credit card processing fees since debit cards, Automated Clearing House (ACH)/eChecks, and other options are typically more cost-effective.

Credit Cards

Stax

JUNE 24, 2025

Offer multiple payment options Encouraging payment methods with lower fees (such as ACH transfers or debit cards ) can help reduce overall costs. Some businesses even implement minimum purchase thresholds for card payments to ensure the fees don’t outweigh the transaction value. The impact of surcharging varies.

Credit Cards

EBizCharge

JANUARY 14, 2025

Overall, the payment gateway acts as a secure bridge that encrypts sensitive data, such as credit card details, to ensure the transaction is processed safely and efficiently. Without proper training and the support of a reliable payment service provider, the risk of errors can increase.

Payment Gateways

EBizCharge

AUGUST 13, 2025

Customer payment information is stored securely within EBizCharge’s PCI-compliant environment, but NetSuite users can process payments without handling sensitive card data. This approach maintains security while providing integrated payment processing convenience.

Multi-Currency

Stax

APRIL 23, 2024

ACH payments are a convenient way for business owners, individuals, and employers to use intuitive automated banking throughout their daily lives. Most small business owners and employers are turning to ACH payments instead paper check payments because of the ease and instant access the ACH network provides.

ACH

Clearly Payments

SEPTEMBER 22, 2024

Alternative Payment Methods : Consider accepting payments via alternative methods like ACH, eChecks, or even cryptocurrency. These methods may not require the same level of scrutiny as traditional credit card processing.

PCI DSS

PYMNTS

OCTOBER 20, 2020

Stampli , which works in accounts payable automation, has debuted a new feature called Stampli Direct Pay which a press release says will let companies pay invoices with ACH or from their own bank accounts. That, according to the release, has the effect of avoiding credit card processing fees laid at the feet of the vendors.

Alternative Payment Methods

PYMNTS

JUNE 13, 2019

The tokenization helps sidestep the vulnerabilities to fraud that exist when sending checks, ACH and wire transfers. Visa also said last week that it linked with Currencycloud to focus on cross-border and travel payments. It has also linked with MoneyNetInt on cross-border payment processing in the U.S.

B2B

PYMNTS

OCTOBER 23, 2020

Leavitt told PYMNTS a big reason behind the resistance of commercial card use and acceptance has been a lack of understanding or knowledge about the true value of commercial cards as an alternative payment method. Let’s say you have a supplier that has offered 60-day payment terms,” he said. “We

Commercial Card

Stax

DECEMBER 6, 2023

Encouraging alternative payment methods—surcharging incentivizes customers to use alternative payment methods that don’t incur surcharges, including ACH , debit cards, or mobile payment apps, saving the business and consumers money.

Consumer

PYMNTS

JANUARY 2, 2017

In 2016, the PYMNTS.com Tracker series kept tabs on practically everything within the payments and commerce ecosystem, from A to Z (that’s ACH transfers to Ziosk). During these 12 months, the Trackers followed the biggest developments, news and headlines from around all segments of the payments ecosystem. LOOKING AHEAD.

ACH

PYMNTS

FEBRUARY 20, 2019

19), KyckGlobal said it has rolled out is platform for businesses to strengthen their relationship with 1099 workers by simplifying payouts and boosting transparency in the payment, tax management and document storage process. ” The gig economy is expected to be one of the largest adopters of faster and digital payment solutions.

On-Demand

Evolve Payment

OCTOBER 27, 2023

The payment summary screen showcases the total card payment amount, possibly inclusive of an extra fee for credit card transactions. Meanwhile, the ACH payment option denotes no additional charges. The ACH checkout, in contrast, displays the invoice’s total without any extra fees.

Credit Cards

Payment Savvy

JULY 12, 2024

A convenience fee is an additional charge added to a customer’s bill when they use a non-standard payment method. Essentially, it’s a way for businesses to offset the cost of processing these alternative payment methods while still providing a convenient option for customers.

Card Network Rules

Clearly Payments

FEBRUARY 19, 2024

According to the Federal Reserve, cash usage is on the decline, with only 60% of US businesses accepting it as a form of payment. In contrast, credit cards (75%), debit cards (68%), and Automated Clearing House (ACH) payments (62%) are increasingly favored by consumers for their convenience and security.

Process

PYMNTS

JANUARY 22, 2021

Those who were happy to wait days to receive checks in the mail or for ACH transactions to settle are now likely to regard these delays as unnecessary frictions in their car-buying journeys. We know that real-time payments are a type of payment that’s more of a wire — it’s very tough to get the funds back,” Alvarez said. “We

RTP

PYMNTS

AUGUST 13, 2020

It also enabled payments to be tracked and issued via automated clearing house (ACH), wire disbursement or check. All of the effort around tracking payables and making the payments is done through a single dashboard and a single piece of software that just made the entire process so much easier,” Klaris explained.

Payee

PYMNTS

JULY 25, 2019

Against that backdrop, Ives told PYMNTS, firms that serve unbanked or underbanked consumers often strive to offer alternate payment methods across acquiring and disbursement scenarios. Taking the Unbanked and Underbanked Into Consideration. Take utility companies, for example,” she said. “In

Online and Mobile Banking

FICO

DECEMBER 20, 2022

Here are my predictions on the payment trends for the next year, how they’ll create risks or opportunities in 2023, and what FIs need to watch out for with each of them. Alternative Payments Methods Will Grow Faster than Debit — and Scammers Will Rejoice. ACH Will Improve Business Cash Flows — and Scams Will Follow.

Digital Payments

PYMNTS

NOVEMBER 18, 2016

Unlike other vacation rental marketplaces, we can get property owners paid upon booking a trip that is often several months in advance of the stay (and plan to incorporate instant payments in minutes for all our partners). We expanded globally with HomeAway and continue to broaden our geographic footprint for all our partners.

Innovation

Stax

JULY 9, 2024

In 2019, 77% of US consumers were using at least one type of digital payment system. What has grown more significantly is the number of electronic payments and alternative payment methods consumers now use. For recurring payments, consider setting up ACH debits. By the end of 2020, that rose to 78%.

Digital Payments

Stax

JANUARY 24, 2024

These are additional fees added to the transaction amount when a credit card is used for payment. A convenience fee is charged for the privilege of using an alternative payment method or channel that is not standard for the business, while a surcharge is an additional fee specifically for using a credit card.

Credit Cards

Stax

JANUARY 24, 2024

These are additional fees added to the transaction amount when a credit card is used for payment. A convenience fee is charged for the privilege of using an alternative payment method or channel that is not standard for the business, while a surcharge is an additional fee specifically for using a credit card.

Credit Cards

Payment Savvy

NOVEMBER 14, 2022

An eCheck is often referred to as a direct debit, ACH payment, or ACH transfer. With an electronic check, money is electronically transferred from the payer’s checking account to the seller’s checking account, where it is directly deposited after passing through the national ACH network. Name and address of your business.

Checks

PYMNTS

JANUARY 3, 2020

According to a study by Aite Group , most student loan tuition payments are made via electronic check (ACH), followed by debit cards, which are favored by millennials and Gen Yers everywhere. The writing is on the whiteboard: School’s out for paper payments. Tuition Goes to Grad School.

Faster Payments

Clearly Payments

MARCH 18, 2024

FedNow: A Game Changer for Payments in USA The introduction of FedNow serves to fortify the digital cash transfer landscape in the United States, offering a swifter and more efficient alternative to traditional ACH transfers , all while harmoniously coexisting with other convenient options such as mobile wallets.

Credit Cards

EBizCharge

AUGUST 8, 2024

Flexibility: The agility and adaptability of Salesforce payment integrations means businesses can choose from various payment gateways and options tailored to their specific requirements. From credit cards to alternative payment methods like mobile wallets, companies can cater to a global customer base with diverse payment preferences.

Processors

Nanonets

MAY 8, 2024

Card Payments : Stripe supports a wide range of card payments, including credit and debit cards, allowing businesses to accept payments from customers worldwide securely.

Reconciliation

Stax

FEBRUARY 28, 2024

However, with non-cash payments constantly on the rise, most businesses will lose out on revenue if they only take cash. Alternative payment methods: Payment methods like eChecks , digital wallets, and ACH often come with lower processing fees than credit cards.

Credit Cards

PYMNTS

JUNE 24, 2016

Hopkins said Abila keeps a constant dialogue with clients and partners to identify the emerging technologies and needs they are expecting, but that education plays a very important role in helping to stay abreast of the complex payments industry. However, security and safeguarding transactions remains a top priority.

Payments

Stax

JANUARY 10, 2024

In some cases, surcharging can encourage customers to use alternative payment methods that incur lower fees for the merchant, such as cash, debit cards, or ACH. This can result in an overall reduction in the average cost of processing payments.

Credit Cards

Segpay

FEBRUARY 24, 2025

Key Functions of a Payment Processor: Transfers transaction data securely. Supports various payment methods (cards, PayPal, ACH, digital wallets, etc.). Helps merchants comply with PCI DSS (Payment Card Industry Data Security Standard) regulations. Ensures that funds move between financial institutions.

Payment Gateways

Payment Savvy

JUNE 12, 2023

There is no solution here other than exploring alternative payment methods while the payer goes through the process of verification (which obviously isn’t going to happen during the point of transaction). However, after completing identity verification , users are eligible to send up to $60,000 USD per week.

Venmo

Clearly Payments

FEBRUARY 8, 2024

Payment Networks: Major payment networks such as Visa, Mastercard, and the Automated Clearing House (ACH) Network also play significant roles in regulating payment transactions. These state agencies add another layer of regulation, contributing to the complexity of the regulatory landscape.

Regulations

PYMNTS

MAY 31, 2016

Merchants are able to leverage the low cost of ACH rails versus traditional card rails and leverage mobile to create what Goodrich describes as a very attractive reward that keeps consumers coming back for more. WHEN LOYALTY PAYS. In the convenience and petroleum space specifically, ZipLine’s model focuses on rolling back costs at the pump.

ACH

Clearly Payments

DECEMBER 3, 2024

Solution for Merchants : Encourage alternate payment methods : If possible, suggest splitting payments across multiple cards or using a different payment method. Offer payment plans : For larger purchases, consider offering installment plans to spread the cost over time.

Credit Cards

EBizCharge

FEBRUARY 13, 2025

NetSuite payment processing works by allowing businesses to directly accept, process, and manage customer payments inside this ERP system, further optimizing their internal operations. NetSuite can work with multiple payment gateways and providers, ensuring flexibility and security in handling transactions.

Processors