Stax

NOVEMBER 21, 2024

Authorization The credit card details captured by your POS or online payment gateway will be sent to your payment processor. A payment processor is a company that handles the behind-the-scenes aspects of the credit card transaction process on your behalf.

Credit Cards

Stax

APRIL 8, 2025

Merchants can, however, negotiate with their payment processor to cut costs, tweak pricing, or secure better rates. Choosing a credit card processor that offers transparent pricing, strong customer support, and top-tier security is the key to lowering processing costs. of your payment processor.

Credit Cards

Clearly Payments

NOVEMBER 18, 2024

Here are some other articles on chargeback management: How to Build a Chargeback Payments Team in your Company How to Win Chargeback Disputes What is a Good Credit Card Chargeback Rate for Merchants? Key Impacts of Poor Chargeback Management: Financial loss: Businesses not only lose revenue but may also incur fees from payment processors.

PCI DSS

EBizCharge

MARCH 11, 2025

By integrating a payment processor, companies can improve cash flow, reduce administrative burdens, and gain better visibility into payment activities. These fees typically include interchange fees, which go to the card-issuing bank, assessment fees charged by the card networks, and payment processor fees for handling the transaction.

Processing Costs

My Payment Savvy

AUGUST 10, 2025

High-risk industries like CBD, debt collection, and credit repair see even higher fraud rates, which is why many mainstream processors won’t work with these businesses at all. Check Their Security Credentials Look for Level 1 PCI-DSS compliance as a minimum requirement. The consequences go beyond immediate losses.

Fraud Detection

My Payment Savvy

JUNE 16, 2025

Unlike payment processors, which handle backend money transfers, payment gateways focus on securely capturing payment methods. This tokenization keeps the sensitive card information off your servers, reducing the risk of a data breach and easing PCI DSS compliance. This decision is returned instantly.

Payment Gateways

EBizCharge

NOVEMBER 27, 2024

It serves as an intermediary between a merchant and a payment processor, facilitating the transfer of funds during online transactions. This number helps payment processors and banks identify the merchant and track payments accurately. Data encryption: Data is encrypted and sent to the payment processor.

Accounts

EBizCharge

MARCH 18, 2025

Payment security A reliable Sage 100 payment processing solution will protect customer payment information by implementing robust security protocols and ensuring full compliance with Payment Card Industry Data Security Standards (PCI-DSS).

Credit Cards

Stax

APRIL 10, 2025

Its role is to encrypt and securely transfer your customers payment data to your payment processor. Accepting mobile payments requires a payment processor that offers NFC terminals and supports all the popular digital wallet options used by your customers.

Small Business

Stax

FEBRUARY 19, 2025

SaaS companies must adhere to industry standards such as PCI DSS to ensure customer transactions are safe. Compliance and data privacy risks Payment processing involves handling sensitive customer information, making compliance with security standards such as PCI DSS (Payment Card Industry Data Security Standard) essential.

Payments

EBizCharge

MARCH 3, 2025

4 ways to process credit cards in Acumatica A top-rated Acumatica payment processor can equip merchants with numerous payment collection tools and features to quickly and easily collect payments on customer invoices. This integration streamlines your financial processes.

Credit Cards

Stax

OCTOBER 14, 2024

Hunting for a payment processor provider for your business shouldn’t be one of those things. Knowing what to look for and what to avoid can help take the fear out of finding the right payment processor , making the decision a lot easier. Understand the difficulties you may face with a processor’s pricing or support.

Processors

Clearly Payments

MAY 2, 2024

Security and Compliance : The contract should detail the payment processor’s compliance with security standards, such as PCI DSS (Payment Card Industry Data Security Standard) , and outline your responsibilities in maintaining security. This compensates the processor for the anticipated revenue lost due to the early termination.

Process

Stax

JANUARY 15, 2024

PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Enter the PCI DSS compliance. The PCI Security Standards Council (PCI SSC) has robust measures to protect cardholder information and prevent unauthorized access, fraud, and data breaches.

Credit Cards

Clearly Payments

FEBRUARY 23, 2024

Top 10 Metrics for Payment Processors The top metrics for payment processors can vary depending on the specific goals and objectives of the business, but generally, the following are considered important: Transaction Volume : The total number of transactions processed through the payment processor.

Processors

Stax

MARCH 15, 2024

Secure payment systems are easy to implement, as you use your payment processor to create a secure payment gateway. Compliance with these standards ensures that merchants and payment processors implement robust security measures to safeguard financial data.

Process

Segpay

JANUARY 30, 2025

Payment processors, PSPs, acquiring banks and payment gateways operate under strict regulations. Chargeback Susceptibility: Subscription-based AI services or pay-per-use models can lead to disputes over charges if customers misunderstand usage terms or face unexpected costs. Payment facilitators see this as a liability.

Merchant Payment Processing

Clearly Payments

FEBRUARY 7, 2024

Chargeback Rate The chargeback rate measures the percentage of transactions that result in chargebacks, which occur when customers dispute a transaction with their card issuer. Monitoring chargeback rates helps merchants identify potential fraud or disputes and implement preventive measures to mitigate risks.

Process

Stax

MAY 7, 2024

Credit card merchant fees are split between multiple key players- merchants, credit card networks, banks, and processors. Processor markup These are fees charged by the payment processor, which is the company that manages and facilitates credit card transactions. Processor markup fees are also known as merchant service fees.

Credit Cards

Stax

JUNE 4, 2024

TL;DR A payment processor is one of the most important components of your tech stack. Also, if you sell globally, you are better off using a payment processor that supports local payment methods in your target international markets. You want to look for a processor like Stax that offers 24/7 phone, email, and live chat support.

Process

Payment Savvy

MAY 11, 2023

To do so, you will need to establish a merchant account with an acquiring bank or payment processor. Transaction processing: Visa transactions are processed electronically through the Visa network, which securely communicates with your acquiring bank or payment processor to authorize and settle transactions.

Rules

Payment Savvy

JULY 3, 2024

Chargeback Process (when customers dispute transactions) In some cases, cardholders may dispute a transaction, leading to a chargeback. PCI DSS Compliance This is the cornerstone of debit card security. Processor fees: The payment processor charges these fees to facilitate the transaction.

Debit Card

BNG Payments

JANUARY 7, 2022

Ensure Your Business is PCI Compliant You've probably already heard a lot about the Payment Card Industry Data Security Standard (PCI DSS), commonly known as PCI. In short, all companies that process, store or transmit credit card information must comply with the PCI DSS. Still, issues happen.

Credit Cards

Stax

JANUARY 10, 2024

Credit card fees, including interchange, assessment, and payment processor fees, impact businesses on a per-transaction or recurring basis. the merchant’s business type, and the terms of the merchant’s agreement with their payment processor. PCI compliance fees. Statement fees.

Credit Cards

The Fintech Times

JUNE 9, 2024

Enfuce , the female-led issuer processor, has unveiled three new strategic partnerships, as it continues with expansion plans across the likes of the UK, France and Iceland; while dipping its toes into not only the fintech sector, but also telecommunications, the public sector and employee benefits.

Payment APIs and Integration

Segpay

MARCH 10, 2025

Here’s how it works: Encryption & Secure Transmission: The payment gateway encrypts the player’s payment details and securely transmits them to the payment processor. Transaction Authorization: The processor communicates with the player’s bank or payment provider to verify and approve the transaction.

Payment Gateways

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). Robust tools for dispute and chargeback management are also desirable.

Payment Service Provider (PSP)

Stax

NOVEMBER 11, 2024

Businesses must adhere to NACHA’s “ACH Security Framework,” which includes measures for safeguarding sensitive customer data – similar to how PCI DSS protects cardholder information at checkout. Regulation E also provides consumers with dispute and error resolution rights.

ACH

Payment Savvy

NOVEMBER 11, 2020

This solution includes a front-end checkout that will appear in your online store and a payment processor happening via the payment gateway’s back end. Safety: PCI DSS Compliance Level. For the highest safety possible, you should select an option with PCI DSS Level 1. On-Site Checkout Plus Off-Site Payment.

Payment Gateways

EBizCharge

AUGUST 30, 2024

Merchants typically encounter three primary types of fees: interchange fees paid to the card issuers, assessment fees paid to credit card networks, and various payment processor fees that cover the services provided by merchant services providers. These fees vary depending on the payment processor and the merchant’s chosen service plan.

Credit Cards

EBizCharge

NOVEMBER 12, 2024

This process is critical for payment processors, who must determine whether a business poses a high financial risk. The primary goal is to protect payment processors and merchants from financial losses associated with fraudulent activities or chargebacks. What steps are involved in the merchant underwriting process?

Underwriting

EBizCharge

JUNE 4, 2024

Ensure the selected payment gateway complies with the Payment Card Industry Data Security Standards (PCI DSS) to protect your customers’ payment information. Acumatica, combined with the right payment processor, supports a variety of credit cards and provides a smooth transaction experience.

Credit Cards

PayHawk

APRIL 18, 2023

Approval Code A code provided by the payment processor to indicate that a transaction has been approved. BIN Sponsorship A service provided by payment processors that enables merchants to accept payment cards from multiple card issuers. Batch A group of transactions that are processed together at the end of a business day.

Process

EBizCharge

JUNE 3, 2024

Companies can leverage the automated cash application features provided by their payment processors to drastically reduce the time it takes to close monthly statements, enabling a more dynamic and responsive financial management approach. How does Epicor handle payment disputes and chargebacks?

Process

Payment Savvy

FEBRUARY 6, 2023

ISOs represent banks and other payment processors and resell their services to merchants. ISO partners (banks and other payment processors) are responsible for handling the actual payment processing. Choose a partner that is PCI DSS compliant. They intermediate between merchants and large financial institutions.

ISOs

EBizCharge

APRIL 26, 2024

By setting clear expectations upfront, customers are more likely to understand their obligations and adhere to payment deadlines, reducing the likelihood of disputes or misunderstandings regarding payment terms. Maintaining accurate records will help your business track payment statuses and resolve disputes more efficiently.

Accounts

EBizCharge

MAY 2, 2024

These can be a blend of interchange fees, transaction fees, and fees from credit card processors. Look for PCI DSS-compliant services, as this is the industry standard for credit card security. Ensure the processor you’re eyeing has robust measures to safeguard your customers’ sensitive information.

Credit Cards