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Understanding Payment Processing Costs in Acumatica and How You Can Save

EBizCharge

As companies transition to online payment platforms, the complexities of payment processing costs can often lead to unexpected expenses that eat into margins. Understanding these costs empowers businesses to make smarter financial decisions. Thorough research will help your business garner these cost savings.

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How are Interchange Fees Calculated?

Stax

Keep card networks up and running Large, global infrastructures are required to process massive volumes of transactions safely and efficiently. Card networks must maintain them properly and pay for fraud prevention tech (data encryption, tokenization, real-time tracking, etc.). Contact us

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EBizCharge and PDI Technologies Announce a New Payment Integration into PDI Enterprise

EBizCharge

EBizCharge and PDI Technologies will offer a pre-built payment integration into PDI Enterprise that uses the EBizCharge proprietary payment gateway to provide credit card processing for merchants. The EBizCharge for PDI Enterprise integration will enhance payment workflows, reconciliation, and ease of use for customers.

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PCI requirements and who needs to follow them

Basis Theory

This can significantly increase the cost of your compliance for years to come. Increased Processing Costs : It’s important to remember that your payment partners have compliance requirements and responsibilities themselves. While capturing this information can happen in transit (see: #4), most of all, data spends 99.9%

PCI DSS 88
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How to Accept Payments Online: Credit Cards, ACH, eChecks and more

EBizCharge

ACH/eChecks tend to accrue lower fees because they bypass credit card networks by using the ACH network, which applies batch processing to reduce individual transactions, resulting in lower administrative and processing costs for financial institutions.

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Payments Automation: Everything You Need to Know

Payment Savvy

Payment automation allows for faster payment processing and invoicing, which can help improve cash flow and reduce the risk of late payments. Payment automation can provide increased security measures, such as data encryption and user authentication, which can help prevent fraud and unauthorized access to financial data.

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Paperless accounts payable: An implementation guide

Nanonets

Let's say you process 10,000 invoices monthly at $10 each. Now consider this: roughly a third of businesses surveyed were able to reduce invoice processing costs even more: a whopping 50%. A shorter processing time can indicate a more efficient process. That's roughly $300,000 saved annually.