article thumbnail

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

Clearly Payments

Many business owners dont realize that payment processing is a little more complex than it seems. In this article, well break down the essential facts, statistics, and insider knowledge you need to navigate the payment processing landscape effectively. The Customer The person making the payment. per transaction.

article thumbnail

A Complete Guide to Securely Process Credit Cards in Sage 100

EBizCharge

As data breaches evolve and advance, a robust payment processing system that protects sensitive financial information is essential. For companies using Sage 100, understanding how to process credit cards securely is not just an option it’s a necessity.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Complete Guide to Acumatica Credit Card Processing

EBizCharge

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. Acumatica is a cloud-based ERP software designed to help businesses manage their core financial processes efficiently. What is Acumatica?

article thumbnail

The Best Way for a Business to Handle Chargeback Management

Clearly Payments

Mishandling chargebacks leads to financial losses, reputational harm, and can jeopardize your ability to process payments. For businesses, having an effective chargeback management system is important. Operational challenges: A high chargeback ratio could lead to higher processing fees or the loss of your merchant account.

PCI DSS 59
article thumbnail

Accepting Online Payments with Internet Merchant Accounts

EBizCharge

By understanding the components and processes involved in Internet merchant accounts, businesses can streamline their payment operations and provide a seamless shopping experience. Internet merchant accounts are essential for online merchants looking to establish a seamless online payment system. What is an Internet merchant account?

article thumbnail

What are Payment Reversals? Why Do They Happen & How Can Merchants Stop Them?

Fi911

A payment reversal is the process through which funds from a transaction are returned to the payer’s account. This process can be triggered for various reasons, such as a disputed charge, an error in the transaction, or fraud detection. What is a Payment Reversal? In the next sections, we’ll outline how each of these work.

Payer 104
article thumbnail

Understanding Payment Processing Terminology Glossary for Merchants

PayHawk

The world of payment processing can be as complex as you let it be, but, one this is for certain, there are thousands of terms that merchant service providers discuss, and oftentimes, merchants are left clueless about their meanings. A Acquirer The financial institution that processes payments on behalf of merchants.

Process 52