PYMNTS

DECEMBER 31, 2020

Debit card issuers face an ever-growing array of fraud schemes perpetrated against them and their account holders. Effective card offerings require financial institutions (FIs) to quickly and accurately detect myriad forms of fraud, forcing them into a delicate balancing act.

Issuers 109

Issuers Card Issuer Point-of-Sale (POS) Debit Transaction 109

Nanonets

NOVEMBER 15, 2023

Payment processors are financial institutions that help merchants accept credit, debit and other forms of electronic payments. In addition, some payment processors offer merchant services such as fraud prevention, customer management tools and reporting. The processor then settles the transaction with the card issuer.

Processors 52

Processors Office of the Comptroller of the Currency Payment APIs and Integration Debit Card 52

PYMNTS

SEPTEMBER 30, 2020

The corporate card can have a home in the digital wallet thanks to collaborations and technology platforms designed for card issuers. Nium’s end-to-end issuing, processing and onboarding services allow Aspire customers to have another choice for completing their payments via Google Pay on card terminals that accept Visa.

Innovation 77

Innovation Card Issuer Debit Card PayPal 77

Stax

AUGUST 1, 2024

Visa is one of America’s top four credit card issuers, and globally the most widely used card processor. In essence, customers need to be fully aware that a credit card surcharge will be applied when they checkout at a point of sale (POS). This applies to both in-store and online purchases.

Rules 88

Rules Credit Cards Caps Processors 88

Stax

SEPTEMBER 17, 2024

When looking for a payment gateway, make sure it easily integrates with your payment processor, offers transparent pricing, allows you to white-label the payment experience, and has great customer reviews. What Exactly Is a Payment Gateway? It’s important to ensure that you are PCI compliant, even if you’re a smaller business.

Payment Gateways 88

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 88

Stax

MAY 7, 2024

Also referred to as swipe fees, these are simply fees that the merchant pays to the credit card company or credit card service providers to accept the payment. Credit card merchant fees are split between multiple key players- merchants, credit card networks, banks, and processors.

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88

Stax

DECEMBER 20, 2023

It’s common in the credit card processing industry to lock clients into multi-year contracts filled with hidden fees. Most processors will actually waive that fee if you tell them no, so don’t be afraid to speak up. Be sure you know if there is a date you need to provide an opt-out by if you end up switching processors, as well.

Credit Cards 88

Credit Cards Small Business Process Security 88

Stax

NOVEMBER 6, 2023

Thanks to these modern payment solutions, credit card, and debit card users can now complete their purchases without swiping or inserting their cards at the point of sale (POS) terminals. Mobile card readers are now supported by major credit card processors such as Visa, MasterCard, and American Express.

Mobile Payments 88

Mobile Payments Online and Mobile Banking Debit Card Payments 88

PayHawk

APRIL 18, 2023

Address Verification Service (AVS) A fraud prevention tool that checks the billing address provided by the cardholder against the address on file with the card issuer. Approval Code A code provided by the payment processor to indicate that a transaction has been approved.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52

EBizCharge

AUGUST 22, 2024

What are credit card decline codes? Credit card decline codes are specific error messages issued by a card issuer or bank when a credit card transaction can’t be processed. Card decline codes often vary by payment processor and card company, such as American Express or Visa.

Credit Cards 52

Credit Cards Card Issuer Issuers Point-of-Sale (POS) 52

Stax

APRIL 18, 2024

For a merchant to accept credit cards, they need to pay both credit card processing fees to the banks involved and for the soft and hardware required to process cards. Typically, the merchant’s payment processing software will build the credit card processing rates into their fee. Card Network (e.g.,

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

EBizCharge

AUGUST 12, 2024

What’s the difference between acquirers, issuers, and payment processors? When navigating the realm of credit card processing, it’s crucial to distinguish between merchant acquirers (acquiring banks), card issuers, and payment processors, as each plays a distinct role in the card transaction ecosystem.

Credit Cards 52

Credit Cards Acquirers Process Debit Card 52

The Payments Association

OCTOBER 4, 2024

Traditional card issuers and networks must adapt or risk obsolescence. Technological disruption and innovation The rapid pace of technological change is both a challenge and an opportunity for the card payment industry. This behavioural shift places pressure on the card payment industry to adapt quickly.

Online and Mobile Banking 88

Online and Mobile Banking Cross-Border Payments Cross-Border Alternative Payment Methods 88

Clearly Payments

NOVEMBER 21, 2023

In response to this evolving consumer preference for touchless payments, businesses are upgrading their point-of-sale (POS) systems to ensure seamless integration, further showing Canada’s commitment to technological progress. issuing banks) in Canada increased the transaction limits from $100 to $250 in 2021.

Payments Trends 52

Payments Trends Contactless Payments BNPL Online and Mobile Banking 52

Stax

MARCH 14, 2024

Most B2C transactions are performed at the point of sale (POS), whether it’s eCommerce or in-store checkout, which lends them to faster payment methods like mobile payments more often than B2B transactions. Business to consumer (B2C), by comparison, relies on speedy payment processing to transact on the spot.

B2B 88

B2B Process B2C Credit Cards 88

CB Insights

DECEMBER 4, 2019

Webpay failed to gain user traction and was shut down in 2014, unlike up-start Venmo (now a part of rival payments processor PayPal). Swipe fees alone are a $90B-a-year business for banks, card networks like Visa, and payment processors like Stripe. It’s likely that Amazon was too early to P2P payments.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

Stax

OCTOBER 14, 2024

Hunting for a payment processor provider for your business shouldn’t be one of those things. Knowing what to look for and what to avoid can help take the fear out of finding the right payment processor , making the decision a lot easier. Understand the difficulties you may face with a processor’s pricing or support.

Processors 88

Processors Small Business Payment APIs and Integration Payments 88

Clearly Payments

DECEMBER 3, 2024

Incorrect Card Information (15-25% of declines) Errors in entering card details—such as the card number, expiration date, CVV , or billing address—are especially common in online transactions. These mistakes prevent payment processors from authorizing the charge. Save their cart for later if it’s an online transaction.

Credit Cards 52

Credit Cards Address Verification System (AVS) Card Issuer Alternative Payment Methods 52