Clearly Payments

MARCH 14, 2025

credit card payments surpassed $10.6 Contactless payments continue their rapid adoption, projected to account for more than 60% of in-store purchases. PCI DSS Compliance : Merchants and payment providers must adhere to Payment Card Industry Data Security Standards (PCI DSS) to protect cardholder data.

Credit Cards 52

Credit Cards Transactions PCI DSS Online and Mobile Banking 52

Stax

APRIL 10, 2025

billion lost to fraud in 2024 alone Mobile and contactless payments Mobile and contactless payments are powered by NFC (Near-field communication) technology. They let buyers initiate payments by placing their mobile phone near a compatible payment terminal.

Small Business 88

Small Business Wire Transfer BNPL ACH 88

Clearly Payments

DECEMBER 2, 2024

Once approved, the funds are transferred to the business’s merchant account, typically within 1–3 business days (same day or next day with Clearly Payments ). Contactless payments , such as tap-to-pay, grew by 25% year-over-year in 2023 , making up a significant portion of in-store card transactions.

Credit Cards 105

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

Stax

DECEMBER 27, 2023

When a transaction takes place, the payment arrives first in the merchant account before being transferred to the business owner’s business checking account. It usually takes one to two business days before these funds are available to the business, though some payment processors may offer same-day deposits.

Accounts 88

Accounts Online and Mobile Banking Payment Gateways PCI DSS 88

Payment Savvy

JULY 3, 2024

Contactless Payments : Using NFC (Near Field Communication) and RFID (Radio Frequency Identification) for debit card transactions. Clearing and Settlement At the end of a business day or a predetermined period, the merchant batches all approved transactions and submits them to the acquiring bank for settlement.

Debit Card 52

Debit Card Process PCI DSS Processors 52

Stax

JULY 9, 2024

Key regulations governing EFT payments include the National Automated Clearing House Association (NACHA) rules, which establish guidelines for ACH transfers, and the Payment Card Industry Data Security Standard (PCI DSS), which sets security standards for handling card information. Q: What is a contactless payment?

Electronic Fund Transfer Act (EFTA) 88

Electronic Fund Transfer Act (EFTA) ACH Electronic Funds Transfer (EFT) Funds Transfer 88

EBizCharge

JULY 24, 2024

P2P payment services have revolutionized financial transactions with their convenience. While traditional bank transfers can take several business days, depending on the service used, P2P transactions can occur almost instantaneously, depending on the service used. How do P2P payments work?

P2P 52

P2P PCI DSS Encryption Fraud Prevention 52