EBizCharge

JUNE 12, 2025

For Canadian businesses navigating the increasingly complex world of payment processing, having a reliable and efficient merchant account is essential. Unlike standard merchant accounts available globally, Canadian merchant accounts are tailored to meet the regulatory, banking, and processing requirements unique to Canada.

Process 52

Process Accounts Payment Gateways Gateways 52

Stax

FEBRUARY 19, 2025

Future-Proofing: A modern integrated systems provider should be equipped to handle increased transaction volumes and evolving customer needs. Adaptability: Ensure they have experience supporting businesses of all sizes. How to avoid unexpected expenses: Before signing an agreement, request a detailed breakdown of all potential fees.

Payments 88

Payments PCI DSS Compliance Risk 88

Nanonets

NOVEMBER 23, 2024

Secure storage: Organizes documents in folders with unlimited storage for easy access. Role management: Assigns user roles to control access and ensure data security. Fast processing: Reduces time per page from minutes to seconds. Cost savings: Cuts 30%+ on manual processing costs.

Multi-Currency 52

Multi-Currency API Automation Online and Mobile Banking 52

Stax

JANUARY 10, 2024

This enables them to lower credit card fees for customers who meet certain criteria, such as transaction volume or secure payment history. Viewing these costs individually makes it easier to understand what is contributing to your credit card processing costs and where you may be able to save money.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

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 88

Credit Cards PCI DSS Compliance Process 88

Stax

DECEMBER 20, 2023

However, the percentage markup rate does not give you a full picture of your processing costs. Effective rates The effective rate is what you want to look at to truly understand how much you are paying for your credit card processing. As with Stax, this isn’t the best solution for extremely low-volume businesses.

Credit Cards 88

Credit Cards Small Business Processors Payment APIs and Integration 88

Stax

AUGUST 29, 2024

Compliance and security Your PSP is responsible for ensuring that sensitive customer financial data is securely encrypted and stored according to the standards and regulations of the industry, such as PCI DSS (Payment Card Industry Data Security Standard). Some PSPs even impose limits on transaction volume.

Payment Service Provider (PSP) 88

Payment Service Provider (PSP) Service Provider Payment Gateways Online and Mobile Banking 88

Clearly Payments

JULY 11, 2024

Common hidden fees include: Monthly Fees: Fixed charges applied regardless of transaction volume. PCI Compliance Fees: Fees for maintaining compliance with Payment Card Industry Data Security Standards (PCI DSS). Batch Fees: Charges for processing a batch of transactions at the end of the day. per transaction.

Process 52

Process PCI DSS Processors Non-Bank 52

Stax

MAY 7, 2024

With credit card transaction volume hitting over $9.5 billion in processing fees, which was a 16.7% PCI-compliance fees – Businesses running credit card transactions must be compliant with the Payment Card Industry Data Security Standard (PCI DSS). When was the last time you withdrew cash from an ATM?

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88

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. Meeting the required security standards can sometimes result in lower fees, as it demonstrates a commitment to protecting cardholder data.

PCI DSS 105

PCI DSS Debit Card Processors Credit Cards 105

EBizCharge

AUGUST 30, 2024

Similarly, the size of your business and the volume of credit card transactions you process can influence merchant service providers to offer volume discounts or more favorable terms, lowering overall processing costs. However, there are ways they can avoid some of those costs.

Credit Cards 52

Credit Cards Processors Card Issuer Process 52

Payment Savvy

JULY 3, 2024

Choosing the right provider can significantly impact the overall cost. Transaction Volume: Higher transaction volumes can sometimes qualify businesses for lower fees, as some processors offer volume-based discounts. These fees are also non-negotiable and typically charged as a small percentage of the transaction volume.

Debit Card 52

Debit Card Process Debit Transaction Processors 52

Stax

MARCH 14, 2024

On the merchant side, B2B cards come with lower processing rates if you qualify for level 2 and level 3 card processing. These levels require you to provide more transactional data and when implemented properly, you can lower your credit card processing costs significantly.

B2B 88

B2B Process B2C Credit Cards 88

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 88

ACH Facilitators ISVS Payment APIs and Integration 88

Stax

JANUARY 31, 2024

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. Market dynamics, including changes in consumer spending habits, transaction volumes, or shifts in the payment landscape.

Credit Cards 88

Credit Cards Push-to-Card Processors Debit Card 88

EBizCharge

MAY 20, 2024

Saved cards To further enhance the customer experience and expedite future payments, NetSuite allows customers to securely save their credit card information within their customer records. How much does NetSuite payment processing cost? How can I make the most of NetSuite payment processing?

Process 52

Process PCI DSS Processors Payment APIs and Integration 52

Basis Theory

OCTOBER 1, 2024

Today, more merchants are becoming PCI DSS compliant despite not having the prerequisite volume to necessitate it. Achieving PCI compliance, especially Level 1, tells a powerful story to the market: you take your data and its security seriously. This can significantly increase the cost of your compliance for years to come.

PCI DSS 88

PCI DSS Encryption Compliance Assessments 88

Exact Payments

JULY 12, 2024

PCI fees Most merchant services providers charge a fee for assisting with Payment Card Industry Data Security Standard (PCI DSS) compliance. Product and feature fees Payment features like network tokenization, 3D Secure authentication, and account updater incur additional fees.

Assessments 52

Assessments Credit Cards PCI DSS Transactions 52

Nanonets

MARCH 30, 2023

The final output is a structured data format that can be easily integrated into other systems, such as databases or business intelligence tools, for further analysis and reporting. As the volume, complexity, and speed of incoming data continue to increase, manual processing becomes increasingly inefficient and costly.

Process 52

Process Automation Compliance Volume 52

Stax

APRIL 18, 2024

Interchange plus pricing Interchange plus pricing is a pricing model that charges based on whatever the interchange rates are at that particular moment, “plus” a markup fee that pays your processors processing costs — e.g., 2.1% + $0.10 This software needs to be EMV compliant to handle chip card transactions securely.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

Payment Savvy

JULY 12, 2024

Ease of Setup and Use User-friendly PSPs streamline the setup process, ensuring businesses can launch payment solutions independently without requiring extensive technical expertise or costly developer assistance. Robust Security Measures Security is paramount in online transactions. Excellent customer support.

Debit Card 52

Debit Card Online and Mobile Banking Zelle Payments 52

EBizCharge

JUNE 6, 2025

As the volume of online firearm transactions increases, so does the need for reliable, secure, and firearm-friendly payment solutions. These accounts offer the flexibility to accept a wide range of payment types, manage large transaction volumes, and handle occasional chargebacks – all while staying compliant with industry regulations.

Payment Gateways 52

Payment Gateways Gateways Payments Risk 52

Nanonets

NOVEMBER 16, 2023

As businesses expand, the volume of transactions, the complexity of financial operations, and the need for strategic cash flow management intensify. AP Automation involves leveraging technology to streamline, optimize, and automate the processes associated with managing a company’s accounts payables.

Automation 52

Automation Process Accounts Checks 52

EBizCharge

MAY 13, 2024

Higher labor costs: Manual collection processes require significant manpower to perform tasks such as data entry, invoice generation, payment processing, and collections management. Limited scalability: When a business grows, transaction volumes typically increase.

Automation 52

Automation Disputes Payments Process 52

EBizCharge

JUNE 28, 2024

Credit card networks impose a cap on surcharges, typically restricting them to no more than the merchant’s cost to process credit card transactions or up to 3%, whichever is lower. Consequently, merchants cannot profit from these fees; their purpose is solely to cover processing costs.

Credit Cards 52

Credit Cards Legal Debit Card Best Practices 52

EBizCharge

MARCH 12, 2024

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. Whereas ACH payments typically accrue lower transaction fees.

Credit Cards 52

Credit Cards ACH PCI DSS Payment Gateways 52

Evolve Payment

NOVEMBER 21, 2022

Payment Card Industry (PCI) Compliance PCI compliance, also known as the Payment Card Industry Data Security Standard, or PCI-DSS for short, is a standard that the major credit card brands established to protect the industry from hacks, breaches, and exposed customer data. Is your business PCI compliant?

Process 52

Process Processors Credit Cards PCI DSS 52

EBizCharge

MAY 14, 2024

By offering a more efficient and user-friendly billing process, businesses can enhance customer satisfaction and loyalty, fostering positive relationships with their clientele. The volume of invoices and payment processes. Consider the following: The complexity of your billing cycles. The variety of payment terms you offer.

Automation 52

Automation Payment APIs and Integration Best Practices Online and Mobile Banking 52

Nanonets

NOVEMBER 15, 2023

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%. As your business grows, you may need to onboard more vendors, handle larger volumes of invoices, or comply with additional regulations.

Accounts 52

Accounts Payment APIs and Integration Audit Automation 52

Segpay

MARCH 10, 2025

Key Features of a Gaming Payment Gateway Gaming payment gateways are designed to handle high-volume, real-time transactions while ensuring security, speed, and flexibility. Heres what makes them distinct from standard payment processors: Advanced Security & Compliance Security is a top priority in online gaming transactions.

Payment Gateways 40

Payment Gateways Gateways Payment Solutions Payment APIs and Integration 40

Payment Savvy

JULY 3, 2024

When a customer inserts their EMV chip card into a compatible POS terminal, the chip communicates with the terminal to verify the card’s authenticity and authorize the transaction securely. PCI DSS Compliance This is the cornerstone of debit card security.

Debit Card 52

Debit Card Process PCI DSS Online and Mobile Banking 52

Nanonets

APRIL 16, 2023

Get Started Defining AP Automation Accounts payable automation is a set of tools that are used to streamline the AP process, remove manual input, and provide better insight into financial data. The technology is a specific SaaS that helps to manage large volumes of invoices and transactions between a business and its vendors.

Automation 52

Automation AI Accounts Reconciliation 52

Nanonets

JULY 12, 2024

Although orientation and skewness might seem like simple mistakes, they can significantly impact the model's accuracy when dealing with large volumes of forms. Image Source: pyimagesearch Data Security : When extracting data from various sources, it's crucial to be aware of security measures.

Process 52

Process Best Practices Automation AI 52