Cardfellow

MAY 3, 2025

The Self-Assessment Questionnaire (SAQ) is a series of yes or no questions about your security practices. Your credit card processor may be able to help you with the questionnaire, especially if they are charging a PCI compliance fee. Furthermore, the machine cannot store any card information. What is the SAQ?

Assessments 52

Assessments Processors Credit Cards Data Breach 52

EBizCharge

MAY 5, 2025

As businesses navigate credit card processing fees, zero cost credit card processing has emerged as a valuable alternative. To understand if zero cost credit card processing is suitable for your business, its essential to know how these fees work and the available alternatives.

Credit Cards 52

Credit Cards Small Business Process ACH 52

Synapse Payment Systems

AUGUST 25, 2022

Almost every business accepts credit card payments these days. The good news is that it is possible to learn how to lower credit card processing fees. Here’s what you should know about negotiating lower credit card processing fees. Most credit card processing fees are between 2.5

Credit Cards 130

Credit Cards Transactions Processors Assessments 130

Synapse Payment Systems

NOVEMBER 9, 2022

Profit margins are tight right now, and as operating costs increase, many businesses wonder if they should surcharge credit cards. Here’s why credit card surcharges hurt your business—and what you should do instead to raise revenue and keep customer loyalty. What is a Credit Card Surcharge? surcharge).

Credit Cards 130

Credit Cards Processors Legal Laws 130

Clearly Payments

APRIL 24, 2025

How Payment Processing Fees Work When a customer pays with a credit or debit card, a few parties get a cut of the transaction. Heres a simple breakdown: Interchange fees: Interchange fees go to the customers bank (the card issuer). Assessment fees: These go to the card networks like Visa and Mastercard.

Large Merchants 99

Large Merchants Process Processors Volume 99

Clearly Payments

JANUARY 15, 2025

If you run a business, youre aware of the basic fees for accepting credit card payments. depending on the credit card. increase in fees can mean thousands of dollars lost each year for a business making steady credit card sales. The gateway is the digital equivalent of a credit card terminal.

Process 105

Process Processors Gateways Push-to-Card 105

Cardfellow

MARCH 9, 2025

If youre wondering if you have to do anything different to accept a virtual credit card, the short answer is no. However, its good to be aware of the factors involved in virtual cards and thats what Ill go over in this article. What are virtual credit cards? Which companies issue virtual credit cards?

Credit Cards 40

Credit Cards Processors Card Issuer Origination 40

Stax

APRIL 18, 2024

Accepting credit card transactions is no longer a decision of whether to but rather how to. With cashless now BEING king, credit and debit cards are the primary method for your customers to make payments. of consumer payments came through card payments. Card Network (e.g., Pre-pandemic, 62.3%

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

Clearly Payments

NOVEMBER 13, 2024

Companies can analyze BIN data to track transaction patterns, better understand customer demographics, and assess risk in different regions or among various card types. Card Network : Indicates the card brand, such as Visa, Mastercard, or American Express, helping processors verify the card’s compatibility with their systems.

Process 104

Process Processors Payments Compliance 104

Clearly Payments

DECEMBER 2, 2024

With over 79% of consumers using credit or debit cards for transactions, businesses that do not accept cards risk losing significant sales. This article will explore the various ways businesses can accept credit cards, including their advantages, costs, and considerations. Transaction fees range from 1.5%

Credit Cards 105

Credit Cards Payment Gateways Gateways Point-of-Sale (POS) 105

Stax

NOVEMBER 15, 2023

TL;DR Credit card interchange fees are the fees that merchants pay to banks and credit card companies every time they accept credit cards. These fees help cover the costs of processing the payment and maintaining the card network. Learn More What are credit card interchange fees?

Credit Cards 88

Credit Cards Processors Assessments Non-Bank 88

Stax

MAY 7, 2024

With credit card transaction volume hitting over $9.5 trillion in the US in 2022, accepting card payments is no longer a question of whether to, but how to. To complete payment processing, credit card companies have to charge processing fees. These fees also vary depending on the card network.

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88

VISTA InfoSec

MARCH 13, 2025

million credit card users in Australia, along with 43.77 million actively issued debit cards? These figures reflect Australia’s heavy reliance on digital payments and card-based transactions for everyday purchases and online commerce. Did you know that there are approximately 12.52 The latest version PCI DSS v.4.0

PCI DSS 165

PCI DSS Data Breach Breach Compliance 165

Stax

JANUARY 10, 2024

Credit card transactions have quickly become the lifeblood of eCommerce businesses and storefronts alike. According to Capital One, global credit card transactions in 2022 reached an estimated 678 billion —an average of 1.86 However, accepting credit cards does come with a flipside; the ongoing sting of credit card fees.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

Fintech Finance

NOVEMBER 21, 2024

” A better way with Open Banking Lenders face a significant challenge in balancing consumer safety with providing satisfying access to retail credit. These checks often lack the granular, real-time insights into income and expenses that lenders need to assess customers fairly.

Credit Cards 95

Credit Cards Assessments On-Demand Rules 95

Stax

JANUARY 15, 2024

Are you struggling with resource constraints caused by soaring credit card processing costs? Credit card surcharging can help offset these expenses, but it can be tricky. TL;DR Credit card surcharging involves adding a fee to transactions with credit card payments, offsetting processing costs.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Tearsheet

MAY 1, 2024

However, in the healthcare sector, small and medium-sized businesses (SMB) have increasingly turned to RTP payments for A2A transfers, showing a surge compared to credit cards and checks over the past year, according to a new report by PYMNTS. A similar trend is observed for sending real-time payments.

Real Time Payments 119

Real Time Payments Credit Cards RTP PayPal 119

Stax

SEPTEMBER 26, 2024

Credit card surcharges are increasingly becoming a fact of life. Industry data shows that 9 out of 10 credit card users say they don’t want to pay surcharges but do it anyway. That said, you can’t just decide and impose credit card surcharges overnight. Learn More What is a Credit Card Surcharge?

Credit Cards 88

Credit Cards Caps Best Practices Laws 88

Cardfellow

MAY 10, 2025

As a business owner, you probably know that PCI compliance is required for all businesses that accept credit cards. But if your credit card processor is PCI compliant, does that mean they handle it for you? What does it mean if a credit card processor is PCI Level 1 compliant? Unfortunately no.

Processors 52

Processors Third Party Vendors Credit Cards Third-Party Service Provider 52

Stax

DECEMBER 13, 2023

Did you know that in 2021, merchants ended up paying a whopping $105 billion in credit card processing fees? Even though they’re one of the most popular payment options today, accepting credit cards at your business can turn out to be a significant expense. Visa, Mastercard, American Express, Discover, etc.)

Credit Cards 88

Credit Cards Debit Card Laws Rules 88

Stax

SEPTEMBER 17, 2024

Failing to comply with the Payment Card Industry Data Security Standard can have a number of severe consequences for a business. These include penalties, legal repurcussions, and the revocation of credit card processing privileges. PCI DSS stands for “Payment Card Industry Data Security Standards.” What is PCI Compliance?

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

FICO

NOVEMBER 10, 2020

I am always glad to see headlines like this one, which ran last summer in The New York Times: “ How to Reduce Credit Card Fraud.” Every Transaction Is Assessed for Fraud. Adapt the consumer experience across all channels, with each transaction, while assessing whether a specific activity is consistent with it.

Credit Cards 98

Credit Cards Consumer Card Issuer Issuers 98

Stax

DECEMBER 20, 2023

Although credit cards have been around since the 1950s, in recent years, they’ve started to dethrone cash from its position as king of payment methods. With a whopping 84% of American adults owning at least one credit card (the average is 3 credit card accounts per person), card payments reached $9.43

Credit Cards 88

Credit Cards Small Business Processors Payment APIs and Integration 88

Stax

JANUARY 23, 2025

The merchant underwriting process is a critical step that payment processors and financial institutions use to assess the risk associated with onboarding new businesses. Key steps include application review, risk assessment, credit checks, and compliance verification. Learn More What is Merchant Account Underwriting?

Underwriting 68

Underwriting PCI DSS Money Laundering Processors 68

Stax

APRIL 18, 2024

This blog will walk you through how your customers are using mobile credit card processing, how you can accept payments using mobile technology, what sorts of features to look for in a mobile solution, and some exciting statistics about the future of payment technology. What is mobile credit card processing?

Credit Cards 88

Credit Cards Process Online and Mobile Banking Mobile Payments 88

Stax

DECEMBER 20, 2023

Finding great credit card processing rates may seem impossible, but there’s hope. By following these simple tips, you’ll be able to secure credit card processing rates that make big businesses jealous. Learn More TL;DR Not all credit card processing companies are created equal.

Credit Cards 88

Credit Cards Small Business Process Security 88

Stax

FEBRUARY 28, 2024

Passing credit card fees onto customers has been hotly debated , but most of the country has agreed: Credit card surcharge should be available to merchants. TL;DR Surcharging allows merchants to pass on credit card fees. What is Credit Card Surcharging?

Credit Cards 88

Credit Cards Debit Card Legal Laws 88

Stax

APRIL 2, 2024

Credit card processing fees are expensive. In 2022, industry data shows that credit card companies earned a whopping $126.4 With many consumers opting for non-cash payment methods like contactless payments , businesses often have no choice but to accept credit card payments to attract and retain customers.

Credit Cards 88

Credit Cards Best Practices Legal Compliance 88

Clearly Payments

JANUARY 14, 2025

With so many payment options available from credit cards to mobile wallets it can be hard to know which methods are the best fit for you and your customers. However, this method is slower to process compared to credit card transactions, which can cause delays in receiving funds. Top Payment Challenges 1.

Online and Mobile Banking 105

Online and Mobile Banking Processors Payments Debit Card 105

Cardfellow

APRIL 27, 2025

For a quick refresher, PCI refers to security standards that apply to all businesses that accept credit cards. Technically, the standard refers to storing, processing, or transmitting card data, but if you accept cards, youre doing one or more of those things. Achieving (and maintaining!) This is part of the 4.0

PCI DSS 52

PCI DSS Encryption Processors Credit Cards 52

VISTA InfoSec

APRIL 28, 2024

These requirements apply to any organization that processes, stores or transmits credit card information. Installing and maintaining a firewall configuration to protect cardholder data. The banks are: Visa Mastercard Discover JCB American Express What are the PCI DSS requirements? 5/5 - (2 votes)

PCI DSS 130

PCI DSS Compliance Assessments Data Breach 130

EBizCharge

AUGUST 30, 2024

Navigating the complexities of credit card processing fees is a significant challenge for merchants in today’s digital economy. What are credit card processing fees? Credit card processing fees are fees merchants must pay to accept credit card payments from their customers.

Credit Cards 52

Credit Cards Processors Process Card Issuer 52

EBizCharge

MARCH 11, 2025

Acumatica allows businesses to accept and process credit cards, debit cards, Automated Clearing House (ACH) payments/eChecks, and other transactions seamlessly by integrating with payment gateways. The total cost varies based on factors like the type of card used, the transaction method, and the merchants industry.

Processing Costs 52

Processing Costs Process Credit Cards Payment Gateways 52

Stax

DECEMBER 12, 2024

It lets you handle multiple channels, including credit cards, debit cards, mobile wallets, checks, and gift cards, without juggling different systems. Merchant service accounts and how they work Merchant service providers assess your credit history, business type, and expected transaction volume during application.

Small Business 88

Small Business Online and Mobile Banking Volume Checks 88

Stax

MARCH 11, 2025

This article will show all you need to know about online credit card processing and how you can select the best payment services provider for your needs. Talk to sales How Online Payment Processing Works On the surface, online credit card processing happens in seconds.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

VISTA InfoSec

NOVEMBER 9, 2023

In the world of digital transactions, businesses handling payment cards must demonstrate their data security measures through the Payment Card Industry Self-Assessment Questionnaire (PCI SAQ). Completing the SAQ is a key step in the PCI DSS assessment process, followed by an Attestation of Compliance (AoC) to confirm accuracy.

PCI DSS 130

PCI DSS Assessments Credit Cards Compliance 130

Clearly Payments

APRIL 8, 2025

A payment consultant assesses your current payment infrastructure and identifies the best path forward. Infrastructure: Building a Scalable and Future-Ready Payments Stack Enterprises often operate on a varied technology stack of payment systems built up over years and sometimes decades.

Consulting 89

Consulting Payments Cross-Border Due Diligence 89