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Sunbit Selects Checkout.com to Bolster Acceptance Rates and Reduce Processing Costs

The Fintech Times

Checkout.com’s smart technology gave our team an easy and early reason to engage, but their collaborative and consultative approach to maximising value is what led us to expand the relationship.” The post Sunbit Selects Checkout.com to Bolster Acceptance Rates and Reduce Processing Costs appeared first on The Fintech Times.

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The Price of Convenience: Is There Such a Thing as Free Credit Card Processing?

Stax

In this post, we’ll explore what surcharging entails and how it helps you tap into zero percent credit card processing. TL;DR Surcharging is a method for businesses to offset credit card processing costs by passing them on to customers. To understand surcharging, you have first to understand credit card processing costs.

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KYC processes costs set to increase, Consult Hyperion study reveals

The Paypers

(The Paypers) The total cost of KYC processes for financial institutions is set to increase by 20% in the upcoming period, a report from Consult Hyperion has revealed.

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Sunbit Sees 6% Lift in Acceptance Rates With Checkout.com’s AI-Powered Payments Technology

Fintech Finance

Checkout.com ’s smart technology gave our team an easy and early reason to engage, but their collaborative and consultative approach to maximizing value is what led us to expand the relationship.” “Sunbit technology is transforming how consumers access financing by building solutions that are efficient, inclusive, and built for scale.

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UK’s Largest Independent Payments Broker Launches Tech-Enabled Cash Service to Boost SME Cash Flow

Fintech Finance

Accept Cash estimates that a business with an average monthly revenue of £80,000 would save 73% in cash processing costs via its newly introduced service. The UK last year saw a rise in cash payments, with the British Retail Consortium estimating they accounted for 19% of total transactions in 2023 (up from 15% in the previous year).

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Restaurant Credit Card Surcharges: Legalities & Best Practices

EBizCharge

Importance of Legal Counsel Because of the complex and changing legal environment restaurant owners should consult with legal or compliance experts to make sure they are in compliance. Here are the steps to get started surcharging: 1. These alternatives can help preserve profit margins while maintaining a positive customer experience.

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How SMBs’ Manual Processes Cost Economies Billions In Lost Growth

PYMNTS

Sage’s latest report, “ Sweating the Small Stuff: The Impact of the Bureaucracy Burden ,” includes research conducted by Plum Consulting, who surveyed more than 3,000 decision-makers at SMBs across the U.S., Canada, U.K. and elsewhere to assess how these companies are using time and company resources on administrative tasks.