The Payments Association

MARCH 19, 2025

The fintech pioneered the first phase of digital payments, enabling secure online transactions and laying the groundwork for future wallet technologies. This brought near-field communication (NFC) technology to in-store payments, changing the point of sale (POS) sector.

Digital Payments 88

Digital Payments Finance Online and Mobile Banking Payments 88

Stax

JANUARY 21, 2025

Any merchant who transacts in the offline world (like brick-and-mortar stores or even mobile businesses) needs a modern point-of-sale (POS) system. The right solution will enable you to ring up sales with ease, as well as manage the various components of your business.

Point-of-Sale (POS) 88

Point-of-Sale (POS) Small Business Credit Cards Process 88

Stax

MARCH 5, 2025

Payment gateway : The role of the payment gateway is to capture the payment information entered into the eCommerce platform, in order for the data to be sent to the payment processor. Think of the gateway as the online equivalent of a card reader or point of sale (POS) system in a brick-and-mortar store.

Credit Card Payment Processing 88

Credit Card Payment Processing Credit Cards Process Payment Gateways 88

Clearly Payments

MARCH 13, 2025

In retail, having an efficient and reliable payment system is key for business success. Among the many point-of-sale (POS) system s available today, Clover and Talech stand out as two of the most robust and user-friendly options.

Retail Payments 52

Retail Payments Payments Point-of-Sale (POS) CRM 52

Clearly Payments

OCTOBER 3, 2024

Payment terminals, often referred to as point-of-sale (POS) terminals or credit card machines, are devices that enable businesses to accept electronic payments from customers. There is a difference between a payment terminal (credit card machine) and a POS.

Credit Cards 105

Credit Cards Contactless Payments Payments Point-of-Sale (POS) 105

Clearly Payments

DECEMBER 2, 2024

This involves using a physical point-of-sale (POS) terminal to process card payments. How It Works The customer swipes, inserts, or taps their card on the POS device. The terminal communicates with the card issuer to approve the payment. Approved payments are deposited into the merchant’s account.

Credit Cards 105

Credit Cards Payment Gateways Gateways Point-of-Sale (POS) 105

Stax

APRIL 17, 2025

Thats why weve compiled this guide to help you understand how POS systems work, the key features to look for, and how to choose and implement the right software for your retail store. TL;DR A point-of-sale (POS) system is a combination of software and hardware used by businesses to facilitate in-store sales.

Online and Mobile Banking 88

Online and Mobile Banking CRM Point-of-Sale (POS) Debit Card 88

PYMNTS

AUGUST 9, 2017

Sound travels at 767 miles per hour, so if you want a faster contactless payment, audio waves aren’t a bad vehicle for it. But harnessing audio waves for payments purposes is easier said than done, because it’s not like developing an app. among other countries, have been working on audio payments for years.

Consumer 80

Consumer Point-of-Sale (POS) Chip Cards CHIPS 80

Fintech Review

DECEMBER 3, 2024

Point-of-sale (POS) terminals became commonplace, allowing businesses to process payments seamlessly. However, the transition to card-based payments faced initial scepticism, with consumers concerned about fraud and misuse. As physical contact became a concern, contactless payments surged.

Payment Solutions 97

Payment Solutions Payments Contactless Payments Online and Mobile Banking 97

Stax

FEBRUARY 26, 2024

Every business operates differently, but the one thing they all have in common is that every business accepts payments. New payment tools like NFC contactless payments that help your business grow and provide a high-quality customer experience are in high demand. Learn More What Is a Contactless Virtual Terminal?

Credit Cards 88

Credit Cards Payment Gateways Gateways Point-of-Sale (POS) 88

Clearly Payments

MARCH 28, 2024

The Different Types of Credit Card Machines Credit card machines, also known as point-of-sale (POS) terminals or card readers, come in various forms to accommodate the diverse needs of merchants. Cost: Evaluate the total cost of ownership, including upfront costs, transaction fees, and any monthly service charges.

Credit Cards 104

Credit Cards CHIPS Point-of-Sale (POS) Debit Card 104

Stax

DECEMBER 6, 2024

In addition to robust fraud prevention measures, Worldpay offers a range of contactless payment solutions, including Apple Pay. These solutions provide a secure and convenient way for customers to make payments, enhancing the overall transaction experience. Standard credit cards: 1.99% + $0.20 Rewards credit cards: 2.60% + $0.20

Payment APIs and Integration 88

Payment APIs and Integration Payment Gateways Credit Cards Fraud Prevention 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. Why Is Adding Mobile Payments Important to Businesses Today? What Can You Do to Adopt These Mobile Payments Solutions?

Mobile Payments 88

Mobile Payments Online and Mobile Banking Debit Card Payments 88

Stax

NOVEMBER 6, 2023

There are five types of mobile payments small businesses can offer: NFC (near-field communications) payments, QR code payments, billing and invoicing apps, MST payments, and SMS payments. At the moment, contactless payments are more-or-less the safest mobile payment method—both for customers and businesses.

Small Business 88

Small Business Mobile Payments Mobile Payment Processing Online and Mobile Banking 88

Clearly Payments

FEBRUARY 14, 2024

Supporting Players in the Payment Ecosystem Payment Gateways: Payment gateways serve as the secure link between merchants’ systems and payment processors, they encrypt and transmit sensitive data. The global payment gateway market is projected to reach $49.7 billion users globally as of 2023.

Payments 104

Payments Value Added Service BNPL Payment Gateways 104

PYMNTS

JANUARY 10, 2019

That’s not the case in the physical store, particularly for those SMBs that rely on “older, dumb point-of-sale [POS] terminals” that were designed to take a payment, but not be interactive at all.

Enrollments 67

Enrollments Payments Point-of-Sale (POS) Consumer 67

Clearly Payments

APRIL 3, 2024

Payment Processing Market Size and Trends The landscape of payment methods is witnessing a transformative shift, with a noticeable decline in cash transactions and a surge in digital payment solutions such as digital wallets and contactless payments. Visa, Mastercard).

Process 59

Process Processors Online and Mobile Banking Payments 59

Stax

APRIL 18, 2024

The steps to process a credit card transaction Step 1: Authorization Request The process initiates when a customer presents their credit card for payment. The merchant’s point-of-sale (POS) system sends an authorization request to the acquiring bank (also known as the merchant bank) via a payment gateway.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

EBizCharge

APRIL 25, 2024

Utilize payment processing hardware Businesses require several essential pieces of technology to facilitate smooth and secure transactions before they can start accepting payments. Card readers or terminals are necessary to accept physical debit and credit cards, including chip-enabled and contactless payments.

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Credit Cards Contactless Payments 52

PYMNTS

JUNE 4, 2018

Instead, the fingerprint populates a template that is hashed and encrypted on Touché’s database, and card information is tokenized. The device also only talks to their server, changing the encryption key each time the function is used. Touché is far from the only one working on payment methods like this.

Encryption 41

Encryption Visa Point-of-Sale (POS) Authentication 41

EBizCharge

JULY 2, 2024

This article will explore ten straightforward methods for collecting payments from customers, highlighting the benefits and practical applications of each. The importance of seamless payment collections A seamless payment collection process is crucial for businesses as it ensures efficiency and customer satisfaction.

Contactless Payments 52

Contactless Payments Payments Online and Mobile Banking Disputes 52

Payment Savvy

JULY 3, 2024

Contactless Payments : Using NFC (Near Field Communication) and RFID (Radio Frequency Identification) for debit card transactions. The cardholder swipes, dips, or taps their debit card at the merchant’s physical point of sale (POS) terminal.

Debit Card 52

Debit Card Process PCI DSS Processors 52

Stax

JULY 25, 2024

Years ago, point-of-sale (POS) systems were reserved for large enterprises with big budgets. Today, a small business is barely complete without a POS system. If you feel left out, the good news is that there’s a POS system out there ideal for your business.

Small Business 88

Small Business PCI DSS CRM Online and Mobile Banking 88

Stax

MARCH 14, 2024

consumers using two or more types of digital payment methods increased by 8%. Consumers are increasingly gravitating towards quick and convenient payment methods such as contactless payments and mobile wallets when transacting with businesses. Industry data shows that the B2B payments landscape is rather diverse.

B2B 88

B2B Process B2C Credit Cards 88

PayHawk

APRIL 18, 2023

Encryption The process of encoding sensitive data to prevent unauthorized access. Echeck An electronic version of a paper check, used for online payments. EMV Europay, Mastercard, and Visa, a set of global standards for payment card security and authentication.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52

Clearly Payments

DECEMBER 5, 2023

The 1980s brought about the widespread adoption of point-of-sale (POS) terminals , making it more convenient for merchants to accept credit card payments. Secure Socket Layer (SSL) encryption became a standard, ensuring the confidentiality of sensitive information during online transactions.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52

CB Insights

JUNE 17, 2020

In some cases, the technological changes inspired by Covid-19 will come in the form of an acceleration of existing trends — for example, industrial automation and contactless payments. Finance: Demand for contactless options accelerates digital adoption. Contactless payments. Contactless payments.

Posting 101

Posting Technology Online and Mobile Banking On-Demand 101

The Fintech Times

MARCH 22, 2025

When a payment is processed, Apple does not store card numbers or transaction information on the device or on Apple servers. By eliminating the need for additional hardware, we are making it easier than ever for merchants to accept contactless payments.

Contactless Payments 82

Contactless Payments Point-of-Sale (POS) Security On-Demand 82