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Payment Processing for Small Businesses: What They Don’t Tell You

Clearly Payments

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. Implement Fraud Prevention Tools Address Verification Systems (AVS) and 3D Secure can reduce fraud risk.

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A Complete Guide to Acumatica Credit Card Processing

EBizCharge

This feature automates payment collection, reducing the risk of late payments and improving cash flow consistency. Mobile payment processing: Acumatica-integrated payment solutions support mobile payments, allowing merchants to accept credit card and ACH/eCheck payments from smartphones and tablets.

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Understanding Payment Processing Terminology Glossary for Merchants

PayHawk

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. Mobile Payment A payment made using a mobile device, such as a smartphone or tablet.

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