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RapidCents Enhances Merchant Payment Processing and Chargeback Protection with DeepSeek AI

Fintech Review

Toronto, Canada, February 5th, 2025, FinanceWire RapidCents , the payment processing platform, that specializes in secure transactions and automated billing, has announced an expansion to better serve merchants across North America. And we are doubling down on our company to accelerate progress and better serve our merchants.

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A Comprehensive Look at Canadian Banks and How They Offer Payment Processing

Clearly Payments

Some banks have chosen to develop their own in-house payment processing systems, delivering end-to-end services directly to their customers. In this article, we’ll explore how Canada’s major banks approach payment processing, highlighting the strategies they use to serve businesses of all sizes.

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Statistics on How Much Merchants Pay for Payment Processing in 2024

Clearly Payments

In 2024, payment processing is more complex and competitive than ever. With the global economy’s increasing digitization, the demand for efficient, cost-effective payment processing solutions has surged. Merchants and corporations are always in search of low cost processing across all industries and regions.

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Finding the 'pot of gold' in small-merchant payment processing

Payments Source

As American Express and Citigroup clashed over which issuer would get the coveted Costco Warehouse credit card business, one area remained undisputed and out of their hands: Payment processing for Costco's small business clients.

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JPMorgan Chase Crosses $1 Trillion Mark With Merchant Processing

PYMNTS

12) it crossed the $1 trillion mark in merchant payments processing volume for 2016 as of 11:06 p.m. According to JPMorgan Chase , merchant processing volume has grown annually from $750 billion in 2013 to nearly $950 billion in 2015. JPMorgan Chase has been having a good year when it comes to merchant processing.

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CFPB Takes Action to Ensure Consumers Can Dispute Charges and Obtain Refunds on Buy Now, Pay Later Loans

Fintech Finance

The Consumer Financial Protection Bureau (CFPB) has issued an interpretive rule that confirms that Buy Now, Pay Later lenders are credit card providers. Accordingly, Buy Now, Pay Later lenders must provide consumers some key legal protections and rights that apply to conventional credit cards.

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Flexa: Making Crypto Spendable In Every Store

PYMNTS

The company said in a blog post that the wallet is available to iOS and Android users, and individuals will be able to transact with more than 7,500 merchants by next month. In simple terms, SPEDN processes transactions made with cryptocurrencies such as bitcoin, Ethereum and Litecoin, among others. How it Works.