My Payment Savvy

AUGUST 10, 2025

Looking for ways to cut processing costs? Running a subscription service, dealing with high-risk transactions, or just wanting more control over your payment processing? Running a subscription service, dealing with high-risk transactions, or just wanting more control over your payment processing?

Alternative Payment Methods

Stax

MARCH 11, 2025

There are six main payment methods used in online payments, including credit & debit cards, digital wallets, ACH & bank transfers, direct debit, Buy Now, Pay Later (BNPL) services, and cryptocurrencies. Popular digital wallet brands include Apple Pay, Google Pay, Samsung Wallet, PayPal Digital Wallet, and Venmo.

Online Payment Processing

Cardfellow

JUNE 16, 2025

Banks could choose to allow instant payments between users, mimicking features offered by digital wallet transfers services such as Venmo. If FedNow is offered by a customer’s bank as a P2P option to pay someone immediately (similar to Venmo or PayPal) the customer will need to have those funds available.

FedNow

EBizCharge

MARCH 12, 2024

Debit: Processing debit cards is often less expensive than credit cards since these transactions typically have lower processing fees, which can be beneficial for companies looking to minimize their expenses. Some of the most popular digital wallets include Apple Pay, Venmo, Google Wallet, etc.

Credit Cards

Nanonets

SEPTEMBER 1, 2023

The US Federal Reserve's new payment rail FedNow can shake up the landscape, offering significant time and cost savings. Over time, business payments have evolved from ACH to wire transfers and credit cards, culminating in the emergence of FedNow. However, these modern payment options require trade-offs between speed and costs.

FedNow

Payment Savvy

JULY 12, 2024

ACH Transfers ACH (Automated Clearing House) transfers are cost-effective alternatives to credit card transactions, particularly favored in e-commerce for lower fees. While not entirely free, MPS provides affordable options, significantly reducing payment processing costs. Excellent customer support.

Debit Card