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Digital Payments: 12 Digital Payment Options to Consider Accepting in Your Business

Stax

The adoption of digital payment systems in the US has grown, with 78% of consumers using at least one type by the end of 2020. There are a wide variety of digital payment types, such as mobile POS systems, contactless payments, and digital wallets. What makes contactless payments unique?

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Understanding Interchange Fees: A Canadian Merchant’s Guide

Clearly Payments

Implementing strategies such as offering discounts for debit transactions can incentivize customers to choose this lower-cost payment method. Explore Technology like Contactless Payments: Embracing innovative payment technologies can positively impact interchange fees.

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How To Find the Best Payment Gateway for Your Business in 2025

EBizCharge

Overall, the payment gateway acts as a secure bridge that encrypts sensitive data, such as credit card details, to ensure the transaction is processed safely and efficiently. Adopting these gateways can also attract tech-savvy audiences and provide various payment options.

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What is a Payment Processing System and How Does It Work?

Stax

Its the underlying infrastructure of digital or electronic payments, ensuring money moves freely and securely via the payers preferred payment method to the merchants bank account. These systems are widely adopted in eCommerce, mobile apps, and contactless payments.

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What is an EFT Payment? Everything to Know About This Method of Payment

Stax

More and more, cash-only businesses are falling by the wayside, unable to keep up with consumer demand for convenient electronic payments. The world of Electronic Funds Transfer (EFT) payments is vast, spanning just about every payment method you can think of. What is an Electronic Funds Transfer (EFT) Payment?

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What are Merchant Accounts and How Do They Work?

Stax

Online Merchant Accounts Process payments for online businesses eCommerce websites, marketplaces, mobile apps Secure payments, fraud prevention, payment gateway integration PCI DSS compliance, multi-currency, recurring billing. PCI compliance. Scalability. Q: What do you need to open a merchant account?

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What Is Debit Card Processing & How Does It Work?

Payment Savvy

Consumer Payment Choice, an impressive 85% of adults in the United States use them as a payment method. As the preferred method for many, debit card transactions offer convenience, security, and immediate fund transfers, making them integral to modern commerce.