Stax

MAY 2, 2024

For example, on top of the documents needed when applying for an MCA, the lender will also need to check your credit rating. The lender might deny your MCA application simply because you don’t meet the minimum number of credit card transactions. Credibly requires minimal documentation. Factor Rate 1.11 Credit Score 500 Min.

Credit Cards 88

Credit Cards Small Business Finance Accounts 88

PYMNTS

DECEMBER 3, 2018

On the one hand,” he said, the initial uptake of the SEPA scheme shows that that “makes sense,” and that initial use cases and transaction limits (more on both in a moment) satisfy at least some demands coming from the markets. There is some flexibility within the model, according to the EPC.

Instant Payments 62

Instant Payments ISO 20022 Online and Mobile Banking Use Case 62

Stax

JUNE 27, 2024

Global ACH is available but only for bank-to-bank networks Wire transfers have no geographic limitations. Imagine having to fill out paperwork, sign documents, and physically visit your bank every time you want to make a payment. Sending money to an internally linked account may have higher limits.

Wire Transfer 88

Wire Transfer Wire Wires ACH 88

EBizCharge

NOVEMBER 12, 2024

Some merchant service providers set a limit on the transaction amount or total monthly volume your business can process. Be prepared to provide documentation, such as business licenses , bank statements, and financial records, to verify your business’s legitimacy and assess risk. Is payment processing equipment provided?

Service Provider 52

Service Provider MSPS Payment Gateways Debit Card 52

Nanonets

JUNE 29, 2023

With advanced OCR and machine learning capabilities, Nanonets can extract relevant information from various expense documents such as receipts and invoices. Nanonets reads transaction information from any source, updates the invoice, and posts to your ERP. Pros: Zero shot AI that can capture data from documents from day 1.

Payment APIs and Integration 52

Payment APIs and Integration Automation Credit Cards Online and Mobile Banking 52

EBizCharge

JUNE 3, 2024

Cons of using EFTs: Technical issues: EFTs can be susceptible to technical problems, such as server outages or software glitches, which can delay transactions. Fraud risks: Despite security measures, EFTs can still be targeted by hackers and scammers, potentially leading to unauthorized transactions.

Funds Transfer 52

Funds Transfer Electronic Fund Transfer Act (EFTA) Electronic Funds Transfer (EFT) Wire Transfer 52

Nanonets

JANUARY 17, 2024

Managing and storing digital receipts, invoices, and other expense-related documents can become overwhelming. This includes recording all changes and approvals related to expenses and having proper documentation readily available for audits. Receipt and Documentation Requirements: All expenses must be accompanied by a receipt.

Payment APIs and Integration 52

Payment APIs and Integration Compliance Automation Audit 52

Segpay

MARCH 10, 2025

Set Up Your Merchant Account Register with your chosen payment gateway provider and obtain the necessary API credentials, keys, and documentation required for integration. Integrate the API or Hosted Payment Solution For a custom checkout , integrate the gateways API directly into your platform.

Payment Gateways 40

Payment Gateways Gateways Payment Solutions Payment APIs and Integration 40

PYMNTS

JUNE 1, 2020

Contactless cards have transaction limits that force consumers to enter a PIN on a device that no one wants to touch. Those limits are intended to reduce liability for issuers and merchants. The massive shift to digital is one we have documented since the day we published our second report on March 17.

Credential 58

Credential Consumer Contactless Payments Checks 58

The Payments Association

JUNE 5, 2025

Building confidence through clear messaging around transaction limits, fail-safes, and offline functionality will be key to driving adoption. Documenting efforts to mitigate bias in online payment flows will strengthen a firms position under the FCAs Consumer Duty obligations.

Payments Trends 88

Payments Trends Consumer Online and Mobile Banking Debit Card 88

Stax

JANUARY 27, 2025

Common issues include failed transactions, limited payment options, or complex billing procedures, all of which can drive customers to competitors. When selecting a payments partner, go beyond the documentation Your payments partner can make or break your initiatives, especially during the building phase.

Payment Programs 88

Payment Programs Payment APIs and Integration Payments Payment Initiation 88

Fintech Review

MAY 12, 2025

Manual KYC checks, document verification, and background screening slow the process significantly. AI-powered compliance solutions automate identity verification using biometric recognition, document analysis, and real-time cross-referencing against watchlists and sanctions databases.

Compliance 52

Compliance AI FinTech Money Laundering 52