Clearly Payments

JULY 22, 2025

Even a partial slice of these industries using credit and debit card payments accounts for an estimated $15–$20 billion in annual payment volume processed through high-risk or specialized payment providers in Canada. Market Size: How Big Is High-Risk Payments in Canada? Multi-level marketing (MLM) have an e stimated $1.1

Risk

Stax

NOVEMBER 14, 2024

Here are the inside details about what defines a payment solutions provider, how processing works, the credit card processing fees , risks, and more. TL;DR There are several parties involved in credit card processing. You also have to be mindful of the costs of credit card processing.

Credit Cards

Stax

MARCH 5, 2025

How Can Internet Card Payment Processing Help My Business? From accepting credit cards and debit cards online to setting up your customized web store, there are various eCommerce solutions that can assist when in-person payments arent an option. But what’s the difference between these two?

Credit Card Payment Processing

Cardfellow

JUNE 14, 2025

Digital Wallet Definition For a quick reminder, a digital wallet refers to an electronic system that allows customers to pay for purchases without presenting a physical credit or debit card. Customers load their card details into the digital wallet app of their choice. The wallet essentially acts as a middleman.

Credit Cards

Stax

DECEMBER 20, 2023

Interchange fees are simply a cost of doing business. Understanding the concept of interchange fees is crucial for businesses looking to optimize their payment processing costs. The exact fee structure varies depending on factors like card type, transaction type, industry, and location.

Credit Cards

Payment Savvy

JULY 3, 2024

Debit cards have become an indispensable part of our financial lives, with the majority of American adults, spanning all demographics, now possessing at least one debit card. Every merchant should prioritize taking the time to understand debit card processing to streamline operations and enhance customer satisfaction.

Debit Card

Payment Savvy

JULY 3, 2024

Understanding debit card processing fees is important for any business that takes card payments. These fees can add up, so knowing how much you’re being charged and how to reduce these costs can help you save money. What Are Debit Card Processing Fees?

Debit Card

Clearly Payments

AUGUST 14, 2024

North America Payment Processing Fees Merchants in the United States and Canada face some of the highest payment processing fees in the world, with average rates ranging between 2.3% for credit cards and 0.2% Debit card fees tend to be lower, but they still average around 1.5% In regions like the U.S.,

Process

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? 2% of the total transaction value.

Credit Cards

Stax

APRIL 18, 2024

Accepting credit card transactions is no longer a decision of whether to but rather how to. With cashless now BEING king, credit and debit cards are the primary method for your customers to make payments. of consumer payments came through card payments. Card Network (e.g., Pre-pandemic, 62.3%

Credit Cards

Stax

AUGUST 29, 2024

The dominance of cashless commerce means only businesses that ensure the seamless processing of in-store and online credit and debit card payments will remain competitive. They set their charges and processing fees based on whether the transaction takes place online or in-person and the type of payment method used.

Payment Service Provider (PSP)

Stax

NOVEMBER 8, 2023

This figure used to be 24% in 2015 which makes it evidently clear that card usage is on the rise. This may be concerning for certain types of businesses as they need to spend more to process credit and debit card payments as compared to cash. The credit card network can terminate the offending business’ merchant account.

Process

Finovate

OCTOBER 11, 2024

The partnership makes the bank the first Hong Kong-based customer of Worldline’s open platform card solution, Paysuite Essential Edition. Previously called “Cardlite,” the solution will enable BOCHK to enhance the customer experience with new offerings, including its multi-currency Mastercard debit card.

Multi-Currency

Stax

JANUARY 31, 2024

Visa business cards will have different rates than prepaid or debit cards). However, some rates that small business owners are likely to face: For eCommerce basic debit card transactions utilizing an exempt Visa check card, the rate is 1.65% + $0.15 Educate yourself on how interchange rates are calculated.

Credit Cards

Stax

AUGUST 1, 2024

Card companies like Visa, Mastercard, Discover, etc. charge interchange fees which, on top of other credit card processing fees, can eat away at your profits. As such, credit card surcharging can be beneficial for offsetting these costs. Prepaid cards are also exempt from surcharging.

Rules

Stax

DECEMBER 6, 2024

In June 2019, Fidelity National Information Services ( FIS ) acquired Worldpay in a massive $35 billion deal, making it the largest financial technology merger at the time. This acquisition allowed FIS to leverage Worldpays payment processing capabilities , further strengthening its merchant solutions division.

Payment APIs and Integration

Stax

JANUARY 15, 2024

Are you struggling with resource constraints caused by soaring credit card processing costs? Credit card surcharging can help offset these expenses, but it can be tricky. TL;DR Credit card surcharging involves adding a fee to transactions with credit card payments, offsetting processing costs.

Credit Cards

Stax

JANUARY 24, 2024

Credit cards remain a favored way of making payments among customers. Purchase volumes through credit cards jumped 51% between 2015 and 2021. However, the idea of applying a credit card surcharge to offset the processing cost of credit cards has always been a hotly debated topic.

Credit Cards

Stax

JANUARY 24, 2024

Credit cards remain a favored way of making payments among customers. Purchase volumes through credit cards jumped 51% between 2015 and 2021. However, the idea of applying a credit card surcharge to offset the processing cost of credit cards has always been a hotly debated topic.

Credit Cards

PayHawk

JUNE 9, 2023

Merchant services are financial services that enable businesses to accept credit and debit card payments. These services include payment processing, fraud prevention, and dispute resolution. It also may not offer all the features that businesses need to effectively manage their payment processing and cash flow.

Debit Card

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. credit cards, debit cards, bank accounts) to their mobile payment app.

Credit Cards

EBizCharge

MAY 20, 2024

Once the payment gateway transmits the cardholder’s data, the processor validates the transaction details with the card-issuing bank, authorizes the transfer of funds, and communicates the approval or decline back to the gateway. What are the benefits of NetSuite payment processing? How much does NetSuite payment processing cost?

Process