Stax

NOVEMBER 21, 2024

As a small business owner, building a payment gateway from scratch may be too time-consuming and expensive. However, you must do your due diligence and be sure that the payment gateway will integrate seamlessly with your existing systems and your PSP’s platform. You are likely better off opting for a third-party platform.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

Neopay

APRIL 8, 2024

Under the forthcoming legislation, PSPs will have the authority to delay outbound payments for up to four business days if there are reasonable grounds to suspect fraud or dishonesty. This extends the current requirement, which mandates crediting the transaction amount to the payee’s account by the end of the next business day.

Service Provider 52

Service Provider Due Diligence Fraud Prevention Payments 52

Stax

SEPTEMBER 17, 2024

TL;DR ACH is cost-effective and ideal for recurring payments, with transfer times ranging from 1-3 business days. This entire process can take anywhere from a few hours to a couple of days to complete. However, the initiator can choose to pay extra fees for same-day processing. Eastern Time).

Wire Transfer 88

Wire Transfer Wires Wire ACH 88

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

PYMNTS

MARCH 20, 2017

Because Euronet and MoneyGram are direct competitors in some arenas, the former firm will have to agree to a non-disclosure agreement before it carries out its full due diligence on MoneyGram. Should MoneyGram declare Euronet’s bid superior, Ant Financial will have four business days to decide whether it wants to improve its offer.

Due Diligence 40

Due Diligence Agreements Business Day Acquirers 40

PYMNTS

NOVEMBER 4, 2019

Same-day ACH deposits money into borrowers’ accounts, with funds typically appearing within the next business day. Instant disbursements are a crucial and growing part of the online lending industry, but lenders must do their due diligence regardless of how fast loan processes become.

Instant Payments 46

Instant Payments Same Day ACH ACH Credit Cards 46

The Fintech Times

MARCH 7, 2024

Once again, The Fintech Times returned to bring you some of the highlights from a busy day one at MoneyLive. Returning to the QEII Centre in Westminster for another year, MoneyLive welcomed over 1,000 industry participants gathered to set the agenda for the future of banking and payments.

Returns 64

Returns Non-Bank AI Due Diligence 64