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US Businesses Cling to Check Payments Despite Risk of Fraud, New Data From Codat Reveals

Fintech Finance

“Our data suggests that businesses are starting to care more about security than cost savings when considering alternative payment methods, so there’s a real opportunity for banks to emphasize the strengths of electronic payments and API-based data sharing in this area to accelerate the transition.”

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Finovate Global Ireland: Innovations in Payments, Regtech, and Debt Consolidation

Finovate

.” Founded in 2021, NomuPay offers state-of-the-art, unified payment solutions to help businesses scale in high-growth regions in Europe, Asia, and the Middle East. The company’s uP Platform offers high-penetration alternative payment methods; real-time payout disbursements; and compliant, end-to-end marketplace funds management.

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The Top Payment Methods For Small Businesses

Stax

The emergence of digital payments hasnt completely stifled cash-based payments, and they still account for 16% of all transactions. We recommend cash payments for very small businesses because of the significant processing fees imposed on other alternative payment methods, especially card payments.

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Plutus Tap & Pay Raises More Than $1 Million In Crowdfunding In Nine Days

PYMNTS

The company argues that Tap & Pay removes a big barrier to widespread adoption of alternative payment methods: merchant adoption. Coinbase’s support for Ethereum has been growing since this spring when the company’s cofounder, Fred Ehrsam, penned a blog in which he argued Ethereum is at the forefront of digital currency.

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Understanding Payment Processing Compliance When Implementing Credit Card Surcharging

Stax

TL;DR Credit card surcharging involves adding a fee to transactions with credit card payments, offsetting processing costs. It offers benefits, such as passing interchange fees to users, boosting profit margins, and encouraging alternative payment methods. Encouraging Alternative Payment Methods.

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5 Ways Digital Payments Will Change FIs and Fraud in 2023

FICO

5 Ways Digital Payments Will Change FIs and Fraud in 2023. New digital payments channels and methods will grow next year, giving new opportunities for fraudsters and scammers. Alternative Payments Methods Will Grow Faster than Debit — and Scammers Will Rejoice. chevron_left Blog Home. FICO Admin.

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Days Sales Outstanding Formula: What is DSO and How Do You Calculate It?

Stax

As well as identifying inefficiencies in payment processing or customer communications, DSO is a key financial benchmark to assess liquidity and the state of accounts receivable. In this blog, we’re going to explore the importance of DSO, how to calculate it, and strategies to help improve DSO to create a healthier business.