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. API-hosted gateways API-hosted gateways provide tools to integrate payment processing into your website or app for greater flexibility and customization.

Payment Gateways

Stax

JUNE 24, 2025

The purpose of interchange fees is to compensate the issuing banks for the risks and costs associated with processing and managing credit card transactions. Interchange fees vary based on factors such as the type of credit card used (personal or business credit card), alternative cards (debit cards, rewards cards, etc.),

Credit Cards

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

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

Stax

DECEMBER 6, 2023

Benefits for Businesses Credit card surcharging offers several advantages to businesses, including: Offsetting credit card processing fees by passing on some of the cost to the consumer can be particularly advantageous for smaller businesses with tighter margins. As for the disadvantages?

Consumer

Clearly Payments

FEBRUARY 19, 2024

Payment Processing Market in the USA The payment processing market in the United States is a dynamic and rapidly evolving sector that facilitates electronic transactions between merchants and consumers. The US payment processing market boasts an annual value exceeding $2 trillion in 2023.

Process

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. Digital payment methods essentially make up any payment type that is done digitally.

Digital Payments

Clearly Payments

MARCH 18, 2024

According to the Federal Reserve’s Diary of Consumer Payment Choice, Gen Xers use debit cards for 32% of their transactions, which is more than Millennials at 22%. They still use credit cards too, for about 26% of their transactions. Cash usage dips to around 13%.

Credit Cards

Stax

FEBRUARY 28, 2024

Can Credit Card Surcharges Be Passed to Customers Using a Debit Card? Surcharge fees cannot be added to debit card transactions or prepaid cards. This makes debit cards one of the alternative forms of payment your customers could select.

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

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 card checkout screen indicates a potential extra fee for credit card transactions.

Credit Cards

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. In Q3 2019, credit card issuer JCB International Co.,

Faster Payments

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

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.

ACH

Stax

JANUARY 10, 2024

Viewing these costs individually makes it easier to understand what is contributing to your credit card processing costs and where you may be able to save money. So, what types of fees should businesses expect to encounter when accepting credit and debit cards? Different types of credit cards will also involve different fees.

Credit Cards

Stax

JANUARY 24, 2024

Surcharge vs Interchange Fee The interchange fee is the amount a merchant pays to the card-issuing bank whenever a customer makes a purchase using a credit or debit card. These are additional fees added to the transaction amount when a credit card is used for payment. Q: What is a way to avoid paying merchant fees?

Credit Cards

Stax

JANUARY 24, 2024

Surcharge vs Interchange Fee The interchange fee is the amount a merchant pays to the card-issuing bank whenever a customer makes a purchase using a credit or debit card. These are additional fees added to the transaction amount when a credit card is used for payment. Q: What is a way to avoid paying merchant fees?

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. Can I Cancel an E-Check?

Checks

Nanonets

MAY 8, 2024

  Types of transactions supported by Stripe   From traditional card payments to emerging payment methods, Stripe's versatility enables businesses to streamline revenue streams, automate financial processes, and embrace unified commerce models.

Reconciliation

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

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

EBizCharge

JANUARY 8, 2025

The continued preference for traditional payment methods A recent internal survey consisting of 243 payment decision-makers was conducted to assess which payment methods were the most preferred among their customers. This shows that traditional card payments remain dominant among customers.

BNPL