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With increasing reliance on online transactions, understanding how to streamline payment solutions has never been more essential. Thankfully, leading integrated enterprise resource planning (ERP) systems like Acumatica cater to diverse business needs by integrating robust credit card processing tools into its platform.
Automated Clearing House (ACH) An electronic network that enables the transfer of funds between bank accounts. AddressVerificationSystem (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.
Basics of Credit Card Fees Credit card fees refer to a range of charges that are imposed by credit card issuers on cardholders and merchants for completing credit card payments, either online or in person. This enables them to lower credit card fees for customers who meet certain criteria, such as transaction volume or secure payment history.
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Address Verification System (AVS) 
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