Fintech Finance

JULY 23, 2025

Now, with International Pix, a solution built by PagBrasil within the Pix framework, Brazilian consumers can make Pix payments in the U.S. Pix has seen a 57% year-over-year growth in transaction volume and is used by over 160 million people – about 75% of Brazil’s population. Lower Processing Costs and Fewer Chargebacks for U.S.

Payment Solutions

Nanonets

APRIL 24, 2025

As healthcare digitization has surged from 10% in 2010 to 96% in 2023 , these firms now face overwhelming volumes of complex medical documents. One leading life settlement underwriter found their process breaking under new pressures. But volume wasn't the only challenge for the medical underwriting provider.

Underwriting

Stax

MAY 23, 2025

Tools for scaling and insights As your platform grows, your payments volume can too. Most consumers find it inconvenient to be redirected to an external site to complete their checkout. enrollment status, credit card processing activity, payment processing costs, etc.)

ISVS

Fintech Finance

JULY 23, 2025

Now, with International Pix, a solution built by PagBrasil within the Pix framework, Brazilian consumers can make Pix payments in the U.S. Pix has seen a 57% year-over-year growth in transaction volume and is used by over 160 million people – about 75% of Brazil’s population. Lower Processing Costs and Fewer Chargebacks for U.S.

Payment Solutions

Stax

MARCH 27, 2025

Thats why 92% of consumers and 82% of companies reportedly made the switch to electronic payments, like Electronic Funds Transfers (EFT) and Automated Clearing House (ACH). Automated Clearing House (ACH) is one type of EFT that processes payments in batches through the ACH Network. Checks can bounce, and cash can get lost.

ACH

Cardfellow

MARCH 27, 2025

Interchange is a core component of credit card processing costs, with Visa setting the rates for each interchange category. Currently 3.15% + 10 cents per transaction for consumer credit, but subject to change at Visas discretion.) Now, we figure out 3.15% of the total volume, $9,566.72, which comes out to $301.3517.

Processors

Nanonets

MAY 23, 2025

For instance, organizations processing hundreds of non-standard invoices daily may need more specialized document processing tools.    High-volume transaction matching and receipt capture at scale might require purpose-built AI solutions to maintain accuracy and efficiency.

Automation

EBizCharge

JULY 1, 2025

While they may seem small per transaction, they add up quickly, especially for businesses with high sales volumes or slim margins. To offset these costs, many businesses choose to pass them along to their customers in the form of a surcharge, service fee, or convenience fee. A surcharge is specifically for credit card use.

Process

Cardfellow

JUNE 14, 2025

Imposed in 2013, the Mastercard fee is tiered and calculated on the prior year’s transaction volume. If data about a transaction isn’t passed along to the card networks and issuers, it complicates things like consumer rewards and limits the card networks’ ability to follow trends in customer payment behavior.

Credit Cards

Stax

OCTOBER 14, 2024

Consider the average transaction size and volume your business handles, as some processors are better suited for larger transactions, while others are ideal for high-frequency, low-amount payments. So while it may be simple, it typically results in higher overall processing costs for most established businesses.

Processors

Cardfellow

JULY 28, 2025

The truth: Flat rate pricing is simple, but simplicity is not the same thing as lowest cost. Specifically, businesses with very low monthly processing volume (~$5,000 or less) and businesses with small transactions. Interchange fees go to the issuing bank (the bank that provides credit cards to consumers).

Process

Stax

FEBRUARY 19, 2025

Future-Proofing: A modern integrated systems provider should be equipped to handle increased transaction volumes and evolving customer needs. One of the key benefits of outsourcing payment support is cost savings. Training and maintaining an in-house customer support team can be expensive and time-consuming.

Payments

Nanonets

NOVEMBER 23, 2024

Nanonets Nanonets OCR 's advanced capabilities in automated document processing allow businesses to ingest data from various document types, including invoices, receipts, contracts, bank statements, IDs, and claim forms. Fast processing: Reduces time per page from minutes to seconds.

Multi-Currency

Stax

JANUARY 10, 2024

Credit cards provide a high level of convenience for consumers, increase the speed of transactions, and provide a secure pathway for funds. This enables them to lower credit card fees for customers who meet certain criteria, such as transaction volume or secure payment history. billion every single day.

Credit Cards

PYMNTS

FEBRUARY 17, 2020

Open banking can be briefly defined as “open bank data,” he explained – which, at a high level, allows for access and control of consumer banking and financing accounts through third-party applications. Existing payment networks may not have the ability or technological infrastructure to facilitate high-volume transfers,” said Wong.

Cross-Border

The Payments Association

OCTOBER 24, 2024

Chargeback abuse costs billions, but merchants can reduce fraud with proactive strategies like customer engagement and better security Imagine you’re an ecommerce merchant accepting credit and debit cards, diligently following legal and network guidelines. Yet, despite your efforts, you’re suddenly hit with an expensive chargeback.

Disputes

Synapse Payment Systems

NOVEMBER 9, 2022

A surcharge on a credit card transaction is an additional fee that businesses can assess to cover processing costs. While most charge based on volume or number of transactions, some processors, like Synapse , charge using a subscription-based model with no hidden fees. What is a Credit Card Surcharge? surcharge).

Credit Cards

Clearly Payments

AUGUST 14, 2024

consumers prefer credit cards—further drive costs. Europe Payment Processing Fees European merchants benefit from lower fees , typically around 0.5% for a total cost to merchants. This fee covers the cost of authorization, fraud prevention , and settlement services. for credit cards, the U.S.

Process

PYMNTS

OCTOBER 22, 2020

Artificial intelligence (AI) could help to streamline the formerly time-consuming process of procurement, ZDNet reports. With competitive pressures only increasing, businesses are forced to find new ways to automate one of their highest volume business processes.”.

IBAN

Stax

MARCH 14, 2024

During the 2020s, almost all businesses will have been looking at b2b payments processing solutions to meet changing consumer needs. consumers using two or more types of digital payment methods increased by 8%. Business to business payments, therefore, refer to the payment processes and activities between two businesses.

B2B

Stax

JANUARY 15, 2024

Are you struggling with resource constraints caused by soaring credit card processing costs? TL;DR Credit card surcharging involves adding a fee to transactions with credit card payments, offsetting processing costs. It offsets the card processing costs, transferring the financial obligation to the latter.

Credit Cards

Fintech News

JANUARY 30, 2024

The Asian payment landscape is evolving rapidly in 2024, driven by advancements in technology, changing regulatory frameworks, and shifting consumer behaviours. The scope of instant payments is expanding beyond consumer transactions to encompass more complex financial operations.

Payments Trends

PYMNTS

SEPTEMBER 18, 2020

Starbucks, for all intents and purposes, pivoted to high-volume, high-scale, mass-serving coffee, and there's only so much you can maintain from an environment perspective at that scale,” Griffin said. “So, Odeko only charges a 5 percent fee on orders, and that includes the payment processing cost.

Small Business

Clearly Payments

MAY 1, 2025

For example, a 2.75% fee on a $100 transaction becomes significantly more noticeable when the same product now costs $120 due to tariffs. For high-volume merchants, those differences add up quickly. Will Tariffs Increase Payment Processing Fees? Tariffs apply to goods , not services like payment processing. Not directly.

Credit Cards

Stax

NOVEMBER 8, 2023

A 2022 survey by the Pew Research Centre found that 41% of consumers don’t use cash for weekly purchases like gas, meals, and groceries. This may be concerning for certain types of businesses as they need to spend more to process credit and debit card payments as compared to cash. Q: How does no fee payment processing work?

Process

Tearsheet

MAY 29, 2024

The shift in the way consumers shop and pay has made digital, mobile, and high-frequency transactions the norm. This evolution of commerce has outpaced payments innovation, leading merchants to seek new solutions that boost customer loyalty while reducing mounting processing fees. Consumers’ expectations have also increased.

Microtransactions

Clearly Payments

JANUARY 16, 2024

Here are key strategies that merchants can consider to reduce their interchange fees: Switch to a Lower Cost Payment Processor: Establishing a strong relationship with payment processors can be pivotal. While card network fees are non-negotiable, processors may be able to offer competitive rates and favorable terms.

PCI DSS

EBizCharge

AUGUST 30, 2024

Interchange fees Interchange fees make up the most significant portion of credit card transaction costs going to the card issuer — the bank or financial institution that issued the credit card to the consumer. These fees cover handling costs, fraud and bad debt costs, and the risk involved in approving the payment.

Credit Cards

Stax

JANUARY 31, 2024

Fees on consumer infinite card products will increase an average of 0.13%. Factors influencing the changes The factors influencing Visa interchange rate changes in 2024—or any year—are myriad and include: Changes in regulations on credit card networks, payment processing or financial regulations. But that’s only the topline impact.

Credit Cards

Payment Savvy

DECEMBER 14, 2021

Consumers today expect businesses to offer a variety of payment options. This can be especially beneficial for any business, including high-risk merchants , looking at ways to speed up their payment processing. Cost Savings. This saves businesses money on materials, postage, printing, and storage costs. Convenience.

Digital Payments

Stax

SEPTEMBER 24, 2024

It’s meant to incentivize customers to pay using cash and reduce the costs associated with accepting electronic payment methods. On the other hand, surcharging passes the processing cost to the customer. On the other hand, surcharging passes the processing cost to the customer.

Credit Cards

Nanonets

JUNE 27, 2023

Managing accounts payable processes efficiently is crucial for any organization, impacting cash flow, vendor relationships, and overall financial performance. One significant aspect of accounts payable is the processing of invoices. These tasks can be time-consuming and prone to error, leading to inefficiencies and increased costs.

Process

Stax

NOVEMBER 11, 2024

in payment volume growth in Q4 2021. The average consumer commonly uses the ACH network for automated bill payments and larger transactions. ACH payments are more straightforward than how credit card processing works, both on the consumer-facing and business end. in Q4 2021.

ACH

Stax

JANUARY 17, 2024

In Q3 of 2023, the total volume of payouts on ACH networks reached 7.8 This was 3% higher than the volume from the same quarter in the previous year. ACH transactions are one of the fastest-growing modes of electronic payments in the world due to the convenience they offer, low processing costs, and enhanced security.

ACH

EBizCharge

MAY 2, 2024

Credit card transactions are known to facilitate seamless and convenient payments for consumers, but they can come with many fees. Thankfully, businesses can leverage no fee credit card processing to alleviate the burden of transaction costs. What is no fee credit card processing?

Credit Cards

Stax

JULY 5, 2024

This fee falls under the category of of non cash adjustment—a term that a term that describes any additional charges applied to non cash payments to cover processing costs. Here, the noncash adjustment fee indicates that the customer paid with a debit or credit card and that the fee was added to cover the payment processing cost.

Adjustments

Stax

APRIL 18, 2024

of consumer payments came through card payments. TL;DR Credit card processing is a complex process that involves several parties in addition to the merchant and consumer – and quite a few steps more than a simple swipe, tap, or dip. Pre-pandemic, 62.3% per transaction.

Credit Cards