Clearly Payments

FEBRUARY 10, 2025

Mobile Payments and Contactless Transactions Consumer payment preferences are shifting: 72% of consumers now prefer digital payments over cash. Contactless payments grew by 150% between 2020 and 2023. Offering mobile and contactless payment options can improve customer experience and increase sales.

Small Business 66

Small Business Process Address Verification System (AVS) Cross-Border 66

Stax

JANUARY 10, 2024

A seamless integration between the POS and payment processor helps to make transactions more efficient, reducing the likelihood of errors that result in higher fees. The growing popularity of mobile and contactless payments also offers some relief, as these transactions are often eligible for lower interchange rates.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

PayHawk

APRIL 18, 2023

Address Verification System (AVS) A system that compares the billing address provided by the cardholder with the address on file with the card issuer to verify the authenticity of a transaction. Average Ticket Size The average dollar amount of each transaction processed by the merchant.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52