Remove Chip Cards Remove Contactless Payments Remove Processing Costs
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The Rise of Contactless Payments and Tap on Phone

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Tap on phone (or tap to phone as Visa calls it and tap to mobile for Amex and Discover) is a contactless payment method where customers tap a sellers smartphone instead of a credit card machine to pay. In this article, well go over contactless payments and specifically tap on phone. What are contactless payments?

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How are Interchange Fees Calculated?

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Swipe fees fund these initiatives and cover the maintenance costs. To improve the payment experience for consumers, card networks must innovate and incorporate the latest technologies. Think AI-powered anti-fraud measures and contactless payments such advancements are funded by interchange fees. Contact us

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EMV Chip Cards: What You Need to Know About PIN or Signature Cards and How They Work

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EMV (Europay, Mastercard, and Visa) chip card use has continued to expand in use since its tumultuous rollout in 2015. The EMV standard has now become a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions.

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Everything You Need to Know About Credit Card Processing

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It’s important for small business owners like yourself to understand the pricing plans offered by various credit card processors (or merchant service providers) in the market, so you can compare their processing costs before you decide who to sign up with. Q: What security measures are essential in credit card processing?

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The Ultimate Guide to Accepting Credit Card Payments

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Credit cards are a staple in the wallets of consumers today, and they will undoubtedly be a payment method of choice for years to come, particularly as the adoption of mobile and contactless payments continues to grow. In fact, ResearchAndMarkets.com forecasts the global credit card payment market to grow to $762.16

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How to Find the Right Credit Card Terminal for Your Business

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There are many different types of payment terminals to choose from, and you need one that’s going to help your business operate the most efficiently. Selecting the right payment processing terminal will not only help reduce your processing costs, but it’ll also increase your profits.

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Understanding Credit Card Processing Fees for Merchants: How Much Does Processing Credit Cards Cost?

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Interchange plus pricing Interchange plus pricing is a pricing model that charges based on whatever the interchange rates are at that particular moment, “plus” a markup fee that pays your processors processing costs — e.g., 2.1% + $0.10 Seamless internet connectivity for real-time authorization and transaction processing.