article thumbnail

The Top Payment Methods For Small Businesses

Stax

Well highlight the pros and cons of each payment medium to help you narrow down the right options for your company. 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.

article thumbnail

No Fraud Spike With Same Day ACH, Says NACHA

PYMNTS

NACHA wants to quell any anxieties about the rollout of Same Day ACH, and the latest data from the payments group should breathe new confidence in banks that have adopted the technology. The association released the latest data on the rollout of Same Day ACH thus far with a new report today (Feb.

article thumbnail

Nuvei Teams up With Microsoft to Streamline Payments for SMEs

Fintech News

This integration enables organisations worldwide to incorporate various payment methods, such as card payments and instant bank transfers, including ACH transactions in the U.S., This is an exciting strategic milestone as we grow our emerging payments channel.”

article thumbnail

Credit Card Merchant Services: What to Look for (and What Most Businesses Miss)

Stax

Beyond that, processors also support payment methods like ACH and Text to Pay that can give your customers the convenience they crave. Whether theyre tapping their phone, scanning a QR code, or splitting payments with Buy Now, Pay Later, your provider should make it easy to keep up.

article thumbnail

Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction

PYMNTS

First to test the infrastructure will be Siam Cement Public Company, which will adopt the technology for its procurement and supplier payments operations. Emerging payment rails and digital currencies often tout security as a key value-added differentiator over legacy payment rails.

article thumbnail

What New Payment Rails Miss About Solving B2B’s Remittance Challenge

PYMNTS

One of the biggest points of friction in B2B payments for both buyers and suppliers is capturing information about a transaction, and feeding that data into back-end systems for automated accounting and reconciliation. It’s for these reasons that emerging payment methods like ACH can actually add burden to business operations.

article thumbnail

Bridging Digital And Paper For Policyholders, Insurers

PYMNTS

The need to easily manage those payments means experimentation with emerging payment methods is ongoing, with interest in ACH, eCheck and debit or credit card payments expanding as policyholders start to see their FIs offer digital tools,” the new Tracker states. billion profit.

Checks 100