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When managing a business with Sage software, choosing the right merchant servicesprovider (MSP) can significantly impact payment processing, cash flow management, and overall efficiency. With so many options available, its important to understand what sets a great merchant servicesprovider apart. What is Sage software?
Similarly to many other payment serviceproviders in Australia, Rent The Roo’s previous provider charged dishonour fees when payments were missed, paid late, or if the customer made an error in the process. GoCardless has also assisted Rent The Roo in boosting customer satisfaction by eliminating customer payment dishonour fees.
Payments-platform-as-a-serviceprovider Shape Technologies is partnering with next-gen technology platform PXP to address challenges faced by payment facilitators (payfacs), ISOs, and ISVs. Shape Technologies front-end platform looks to automate complex, manual processes throughout the payments industry.
Crypto fraud rate, %, Source: State of the Crypto Industry 2025, Sumsub, Feb 2025 According to the report, these results can largely be attributed to advancements in fraud prevention technologies, with innovations like biometrics checks and artificial intelligence (AI)-backed automation significantly enhancing security and fraud detection.
Merchant services help small businesses simplify payments, save money with transparent pricing, and secure transactions with fraud protection and PCI compliance. To choose a merchant serviceprovider, compare pricing structures, review contract terms, check system compatibility, and prioritize responsive customer support.
According to the ‘ 2025 SonicWall Annual Cyber Threat ‘ report, SMBs and organisations of all sizes can no longer combat the level of cyberattacks – relying on the expertise of a trusted Managed ServiceProvider (MSP) to defend at-risk revenue and protect the integrity of brands and organisations.
Bill Qkr offers a secure, card-based system designed to make payments easier for merchants, acquirers, payment facilitators, and serviceproviders through flexible options and streamlined collection processes. Bill Qkr’s launch partners are incorporating the technology to provide smoother payment options in their regions.
Payment processing systems help merchants accept various types of payments, such as credit and debit cards, automated clearing house (ACH) , electronic funds transfers (EFTs), digital wallets, mobile payments, and even cryptocurrencies. One major advantage is that they automate billing and invoicing.
For many of the smaller entities, this could necessitate hiring additional compliance staff or investing in automated systems. Automation will help to streamline reporting and reconciliation tasks, reducing the risk of human error. The first being to engage with the regulatory process.
Analysing real-time financial data Rob Israch, president, Tipalti, For Rob Israch , president, Tipalti , the firm automating finances, there are two primary ways in which fintech and AI have joined forces to improve the industry: quicker data analysis and better compliance.
Traditionally, payment orchestration platforms were designed to serve a straightforward function: routing transactions between merchants and various payment serviceproviders (PSPs). This ensures faster availability of funds to merchants, enhancing liquidity and enabling quicker order fulfilment or service delivery.
These cards can be easily added to mobile wallets like Google Pay and Apple Pay , allowing direct payments to serviceproviders or merchants without the usual delays. It will automate the reconciliation of invoices with claim payouts, and reduce paperwork and delays.
As chargeback volumes are projected to rise 42% by 2026, Justt’s AI-driven tools offer merchants an automated way to handle cases such as friendly fraud. Justt , an Israel-based company leveraging AI to automate the chargeback process, unveiled some major platform upgrades this week.
Non-bank payment serviceproviders can now compete more directly with traditional banks by offering services with similar settlement finality and risk profiles. This supports automated processes, better treasury management, and faster decision-making. Expanded access fundamentally changes competitive dynamics.
This article will show all you need to know about online credit card processing and how you can select the best payment servicesprovider for your needs. Payment authorization The issuing bank will do a quick check to ensure everything is in orderwhich is usually an automated process.
Each association has its own interchange fee, so knowing what these fees are and how they are handled by your merchant serviceprovider will help ease any potential confusion. Start the process of authorizing and accepting credit card payments from the merchant servicesprovider/acquiring bank.
Hard to read and automate, unstructured addresses lead to inconsistencies, errors, and difficulty processing payments. That means corporates and their payment serviceproviders have big databases filled with customer and counterparty addresses in an unstructured format. All of which need updating to meet compliance.
Antom Copilot AI Agent has been significantly upgraded by Ant International to expand its role in merchant payment automation. This intelligent solution now powers onboarding, risk configuration, chargeback support, and payment integration—strengthening its place as a leading AI-driven financial service tool.
The Problem The dispute and chargeback landscape is becoming increasingly complex due to surging digital payments, ongoing changes to regulatory compliance, and intensifying competition amongst acquirers and merchant serviceproviders. Expand their list of services to increase brand loyalty and prevent revenue disintermediation.
The platform integrates seamlessly with payment serviceproviders (PSPs) and acquirers, allowing clients to manage diverse payment channels with ease. These features provide a future-ready infrastructure that supports growth without the burdens of legacy systems.
The network aims to enable faster, lower-cost international money transfers by utilizing stablecoins such as USDC, EURC, and other regulated digital currencies for real-time settlement between participants like banks, payment providers, virtual asset serviceproviders, and digital wallets.
Some offer hands-off support from the payment gateway provider while others require regular maintenance and support. That said, lets dive into the different types of eCommerce payment solutions: Hosted payment gateways Hosted payment gateways are provided by a payment serviceprovider (PSP).
This is why it’s so important to go for a payment servicesprovider (PSP) that offers robust credit card fraud prevention services to protect you from fraudulent chargebacks and help you better generate evidence to protect your business during chargeback disputes.
A merchant account is a business bank account that allows companies to accept payments, such as debit and credit card transactions, electronic funds transfers (EFTs), and Automated Clearing House (ACH) payments. Payment serviceproviders also require insight into your projected transaction volume and previous credit card payments.
Clear Junction , a specialist in global payments and banking infrastructure for regulated financial institutions, has extended access to its named virtual IBAN (vIBAN) services to licensed virtual asset serviceproviders (VASPs) – a functionality previously only available to banks and electronic money institutions (EMIs).
TL;DR An ACH API allows businesses to automate bank-to-bank payments—like ACH debits, credits, and recurring payments—by integrating directly with the ACH network via software. ACH (Automated Clearing House) transactions are electronic money transfers from one bank to another processed through the ACH network.
Merchant: The business or serviceprovider that accepts the payment. For instance, credit card payments often settle faster than Automated Clearing House (ACH) transfers or other methods. Use an integrated payment solution: Integrated solutions can automate and streamline the batching and settlement processes, saving time.
Professional services transitioning to subscription or retainer models Agencies, consultancies, and pro serviceproviders often scale by moving from one-off projects to recurring revenue. A scalable platform integrates with your tools and automates reconciliation, reducing errors and freeing up your team.
Grammarly is partnering with Gr4vy to streamline its checkout experience using no-code, cloud-based payment infrastructure, giving it access to 400+ payment serviceproviders without requiring custom integrations. Grammarly will use Gr4vy’s no-code cloud system to create bespoke checkout experiences for its users.
Paytiko GrowthHub is not merely a novel feature; it is a technological advancement that integrates AI-powered intelligence, automation, and data-driven insights into a single, integrated platform. It is not solely about providing an abundance of choices; rather, it is about offering the right options to the right consumers at the right time.
With the US market needing 340,000 new accountants and 45% of firms struggling to attract talent, more companies are turning to specialized expense management providers to handle their accounting operations. But here's the catch: These serviceproviders face the same talent shortage.
billion HashKey Group is a digital asset financial servicesprovider. Based in Hong Kong, the group providesservices for institutional and professional investors worldwide, including trading, custody, asset management, and venture capital. billion payment serviceprovider Yubi 1.5 CGTZ Valuation: $2.41
Whether you’re running a small eCommerce shop or managing a high-risk industry venture, understanding merchant underwriting can help you navigate the approval process and maintain a strong partnership with your payment serviceprovider. The goal is to ensure the business has a solid financial foundation.
“Our instant payment alerts are designed to automate key processes, eliminate delays, and enhance cash flow visibility. Digital serviceproviders, especially those offering subscription-based access, can activate services immediately upon receipt of payments, with no delays and no manual checks.
The addition of these capabilities expands myTU’s payments-as-a-service offering, allowing it to serve a diverse client base that includes consumer credit firms, marketplaces, and other payment serviceproviders. Our automated systems mean integrations don’t require frequent updates.
London-based brokerage serviceprovider TP ICAP is joining forces with Amazon Web Services to build AI-driven solutions as well as data and analytics services, according to a Dec. 3 release from AWS.
PSD3 implementation schedule (2023-2026): What does this mean for banks and payment serviceproviders? Extended liability for payment institutions: With stricter fraud liability rules, banks, payment serviceproviders, and electronic communication providers face greater accountability.
Clear Junction , a specialist in global payments and banking infrastructure for regulated financial institutions, has extended access to its named virtual IBAN (vIBAN) services to licensed virtual asset serviceproviders (VASPs) – a functionality previously only available to banks and electronic money institutions (EMIs).
A strategic layer for agnostic fraud prevention Paydock serves as a strategic layer in the payment stack, allowing merchants to integrate Forter’s powerful fraud prevention solution independently of their chosen downstream payment providers.
Set up automated alerts or subscribe to your gateway’s changelog or dev blog to stay informed about upcoming changes. Switching serviceproviders as your business scales can present frustrating technical challenges. Security vulnerabilities may go unpatched, exposing sensitive user data.
You also need a payment servicesprovider that supports your chosen payment methods, but that providers platform must integrate seamlessly with your existing CRM, ERP, payroll, CMS, and accounting software systems.
With payment methods like credit cards and mobile payments being table stakes these days, the Canadian payment processing landscape has gotten quite crowded with numerous processors and merchant serviceproviders vying for business, each offering different features and fee structures. TL;DR Looking for payment processing in Canada?
The SOC 2 audit was completed in partnership with Vanta, a leading provider of compliance automation, and Advantage Partners, who provided expert guidance and support throughout the process. FinMont’s platform offers an end-to-end, omnichannel travel payment management solution.
billion credit union started working with the automationserviceprovider in the first half of 2024 to enhance member experience, improve decisioning speed and agility, drive higher member growth digitally and unlock […] The post Teachers FCU sees 75% cut in decisioning time with AI appeared first on Bank Automation News.
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