Clearly Payments

FEBRUARY 7, 2024

A high conversion rate indicates that the payment process is streamlined and user-friendly, while a low conversion rate may signal friction or issues in the checkout process that need to be addressed. Monitoring payment processing costs is essential for managing expenses and optimizing profitability.

Process 98

Process PCI DSS Processing Costs Settlement 98

PYMNTS

SEPTEMBER 18, 2017

“We believe that digitization is a critical enabler in reducing the burden of admin,” Kelly said.

Processing Costs 45

Processing Costs Economy Process Small Business 45

EBizCharge

JUNE 30, 2025

What “free” credit card processing really means Despite what the headline might suggest, free credit card payment processing doesn’t mean no one is paying. In most cases, “free” means the payment processing cost is shifted from the business to the customer. Can your team clearly explain the surcharge policy to customers?

Credit Cards 52

Credit Cards Small Business Process Credit Card Payment Processing 52

Clearly Payments

JANUARY 21, 2025

Efficiency Gains: Digital payment systems reduce processing costs by an average of 40%, as reported by the Government Finance Officers Association (GFOA). Cost-Effective: We provide transparent pricing to help governments maximize their budgets.

Government Payments 59

Government Payments Governance Government PCI DSS 59

PYMNTS

OCTOBER 1, 2020

Melissa and Allscripts on Thursday announced a “continuing partnership” that will offer the Melissa Address Validation system within Allscripts’ software platform, which is designed for standalone physician practices. Valid patient addresses and contact data are crucial for today’s healthcare industry, particularly during a pandemic.

Verification 74

Verification Addressing Correspondent Processing Costs 74

Fintech Finance

JULY 15, 2024

By partnering with Primer, Pelago is reconfiguring its payment stack to enhance the customer experience with local payment methods, reduce processing costs through multiple processors, and improve operational efficiency and fraud prevention with third-party integrations.

Innovation 98

Innovation Processors Payments Strategy Fraud Prevention 98

EBizCharge

JUNE 3, 2025

As a leading provider of integrated payment solutions, EBizCharge offers tailored services that support the complex needs of high-volume businesses, helping them streamline payment processing operations, improve cash flow, and reduce processing costs. Luckily, EBizCharge can help.

Volume 52

Volume Credit Cards Process CRM 52

The Fintech Times

FEBRUARY 14, 2024

Crucial for organisations worldwide, this transformation rewrites the rules and offers a seamless alternative to tedious data entry, high processing costs, and lost invoices, promising a new era of financial agility. This involves considering the size of your organisation and the volume of processed invoices.

Automation 103

Automation Process Duplicate Compliance 103

Fintech Finance

OCTOBER 24, 2024

Merchants, payment service providers (PSPs) and third-party providers (TPPs) recognise the potential of Commercial Variable Recurring Payments (CVRP, in the UK) and Dynamic Recurring Payments (DRP, in Europe) to deliver better payment experiences, more choice, and lower processing costs.

Risk 98

Risk Use Case Payments Debit Card 98

Stax

MAY 23, 2025

Specialized support team available for assistance A dedicated support team that can answer and address all payment-related concerns of your users can greatly elevate the customer experience you offer. enrollment status, credit card processing activity, payment processing costs, etc.)

ISVS 88

ISVS Best Practices Payment APIs and Integration Enrollments 88

Cardfellow

MARCH 27, 2025

Interchange is a core component of credit card processing costs, with Visa setting the rates for each interchange category. Due to the higher risk associated with those transactions, they are not eligible for lower-cost interchange categories. It is a specific interchange category among hundreds.

Processors 52

Processors Credit Cards Transactions Risk 52

Stax

FEBRUARY 19, 2025

Define expectations upfront regarding: Response times Escalation procedures Performance reporting Issue resolution timelines Regular check-ins and performance reviews can help maintain alignment and address any concerns before they escalate. Q: Why is customer support crucial in integrated payment processing for SaaS companies?

Payments 88

Payments PCI DSS Compliance Risk 88

EBizCharge

MARCH 20, 2025

Consider payment processing costs and ensure the provider complies with industry standards like PCI Compliance. Reviewing each providers functionality, payment collection tools, payment security, costs, and customer support will enable your business to make the best decision.

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Payments 52

Fintech Finance

JULY 17, 2024

Providing a next-generation checkout experience Fifty five percent of shoppers say checkout friction is frustrating enough for them to quit a purchase mid-process.1

Visa 98

Visa Interoperability Encryption Processing Costs 98

The Payments Association

JUNE 16, 2025

Momentum for open banking solutions will continue growing beyond this year, so merchants need flexible and scalable payment processes that meet consumers' evolving needs for fast and secure payments." The methodology combines quantitative analysis of operational metrics with qualitative assessment of strategic priorities.

Innovation 88

Innovation Cross-Border Fraud Prevention Payments 88

Stax

JANUARY 10, 2024

Leveraging technology, monitoring chargebacks, and addressing individual business factors help to reduce credit card fees and improve overall profitability. Credit card companies typically charge merchants a fee for each transaction processed. For one, surcharging enables you offset processing fees.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

Stax

MARCH 11, 2025

You must set up a cryptocurrency wallet to accept digital currency and also implement a medium for customers to provide their own wallet address and the payment amount they are sending. You should also listen to customer feedback. If X happens, then the system should react in a certain way or alert the system administrator.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

The Fintech Times

JULY 18, 2024

Streamlined process “Not only does Click to Pay allow customers to pay with just a few clicks, it addresses the inconvenience of manual card entry, offering a more efficient and secure payment experience,” said Liudmila Zhelenkova, head of acquiring at Ecommpay.

Visa 72

Visa Processing Costs Process Facilitators 72

Fintech Finance

APRIL 10, 2025

Singapore fintech Aleta Planet (AP) has launched MPLUS Aleta, an innovative digital payment app, to address the unique financial needs of Muslim communities across Southeast Asia, where many small and medium businesses and markets rely mostly on cash or credit card payments.

Consumer 90

Consumer FinTech Payments Digital Payments 90

Clearly Payments

JANUARY 16, 2024

Some regions, including Canada, has regulatory measures in place to address interchange fees and promote fairness in the payments ecosystem. While interchange rates are a significant aspect of this regulatory framework, the country has taken steps to address and manage these fees. You can read more on the interchange fees by country.

PCI DSS 105

PCI DSS Debit Card Processors Credit Cards 105

Stax

MARCH 14, 2024

Choosing a B2B payment system crucial to addressing common challenges that B2B payment systems face as well as improving client experience. B2B payments are vulnerable to fraud, particularly when involving large sums of money and manual processes like checks. Read the section B2B processing costs below to learn more.)

B2B 88

B2B Process B2C Credit Cards 88

EBizCharge

FEBRUARY 24, 2025

Processing costs and fees should also be evaluated, as different payment methods vary in transaction fees. It also grants access to detailed financial reports that can assist you in generating more revenue and addressing payment gaps or discrepancies.

Payment Gateways 52

Payment Gateways Gateways Electronic Funds Transfer (EFT) Wire Transfer 52

Stax

FEBRUARY 5, 2024

Businesses initially collect surcharges to recover additional costs incurred during transactions. Over time, they’ve evolved into strategic means, addressing industry-specific challenges and adapting to economic shifts. Types of Surcharges Surcharge fees come in many forms, tailored to address specific needs within different sectors.

Credit Cards 88

Credit Cards Legal On-Demand Regulatory Compliance 88

Nanonets

MAY 23, 2025

For example, when a vendor emails an invoice, simply forward it to your dedicated Nanonets email address. The system automatically processes the document and extracts the data, turning what used to be a 5-minute manual task into a 30-second automated workflow. You can see the same in the GIF above.

Automation 52

Automation AI Duplicate Process 52

FICO

MARCH 14, 2023

However, excessive or unnecessary claim pending and manual intervention in claims operations should be avoided, as it dramatically increases claim processing cost, increases the risk of errors and delays in claims administration, and may also harm patient, provider and stakeholder relations.

Automation 98

Automation Rules Process Innovation 98

EBizCharge

JANUARY 6, 2025

For business owners, this practice isnt just a thoughtful nod to customersits a smart move to reduce payment processing costs and encourage more cash transactions. While both address the costs of card payments, they work in opposite ways: Cash Discount Program: The listed price includes fees associated with card payments.

Legal 52

Legal Adjustments Compliance Assessments 52

PYMNTS

JANUARY 2, 2019

Read his forecast for the industry below: “In 2019 we will continue to see movement toward building a blockchain-based B2B payment system based on tokens tied to traditional, established currencies, in which the payor and payee can connect directly — bypassing third-parties and minimizing processing costs.

Blockchain 80

Blockchain AI B2B Payee 80

Stax

NOVEMBER 14, 2024

These can include terminal fees, early termination fees, setup fees, reprogramming fees, PCI compliance fees, address verification fees, chargeback and retrieval fees, and payment gateway fees. Needless to say, there are a number of things you need to keep an eye out for on your credit card processing statement every month.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Payment APIs and Integration 88

Stax

MARCH 14, 2024

This is due to the fact that PIN debit processing costs are often lower than credit card processing costs. Q: Are there cost differences when accepting chip and PIN vs. chip and signature cards? Therefore, a chip and PIN debit card may be less expensive to process than a chip and signature card.

Chip Cards 88

Chip Cards CHIPS EMV Debit Card 88

PYMNTS

OCTOBER 22, 2018

The paper revealed that the Australian Taxation Office is creating a centralized look-up facility for businesses in both countries so they can find the “digital address” of suppliers and send invoices to them directly. million lost to “false billing” scams in Australia this year.

Treasury 55

Treasury Scams Small Business Processing Costs 55

Stax

JANUARY 21, 2025

Fraud prevention features – Look for additional fraud prevention features like fraud detection, address verification, chargeback protection, and IP geolocation to enhance protection from fraud. Some businesses may receive multiple terminals, which helps reduce physical payment processing costs.

Payment Gateways 88

Payment Gateways Gateways PCI DSS Payment APIs and Integration 88

Fintech Finance

MARCH 13, 2025

Since its launch in 2022, Atoa is helping reshape the payments landscape for SMEs, helping thousands of businesses slash payment processing costs by up to 50% compared to traditional card payments.

Payments Institute 66

Payments Institute Security Payment APIs and Integration Settlement 66

PYMNTS

JUNE 16, 2020

This concerted push toward standardization to reduce processing costs takes on a new urgency as the pandemic has exposed some glaring weaknesses among legacy back-end systems and organizational structures at financial institutions (FIs).

ISO 20022 72

ISO 20022 Cross-Border B2B ISOs 72

PYMNTS

SEPTEMBER 24, 2020

The new features for Invoiceflow will accelerate invoice processing by 10 times, reduce the processing cost by 80 percent and improve the data accuracy drastically as compared to the manual process, the release says.

Processing Costs 43

Processing Costs Automation Use Case Process 43

Clearly Payments

MARCH 13, 2024

Whether the focus is on improving operational efficiency, increasing transaction volumes, reducing processing costs, or enhancing customer satisfaction, having well-defined objectives and KPIs provides a roadmap for measurement and evaluation.

Best Practices 105

Best Practices Payments Process Accounts 105

The Fintech Times

OCTOBER 25, 2024

Although merchants, payment service providers (PSPs) and third-party providers (TPPs) recognise the potential of commercial Variable Recurring Payments (VRPs) to deliver better payment experiences, more choice, and lower processing costs, a lack of bank support is impeding their delivery, according to a new report.

Use Case 59

Use Case Debit Card Participant Consumer Protection 59

PYMNTS

JUNE 6, 2018

The companies said the app, a Software-as-a-Service (SaaS) offering, aims to address inefficiencies of corporate travel and expense (T&E) management, including manual hotel and flight booking, hotel check-in and check-out friction, and employee reimbursements.

Processing Costs 40

Processing Costs Addressing Checks Process 40