Fintech Review

NOVEMBER 27, 2024

By facilitating mobile transactions, M-Pesa empowers SMEs to operate without a physical bank account, expanding access to a wider customer base, including the unbanked population. For businesses in emerging markets, cross-border payment solutions open new growth opportunities by facilitating trade with global customers and suppliers.

FinTech

The Payments Association

MARCH 19, 2025

CEO Linda Yaccarino framed the move as a leap forward, but the real story is bigger: tech giants are no longer just facilitating payments, theyre actively reshaping the financial industry. Digital wallet providers must: Implement robust encryption and tokenisation to protect card details and transaction data.

Digital Payments

EBizCharge

NOVEMBER 12, 2024

A fundamental element that every business leader should be well-versed in is the merchant account — a critical service that facilitates electronic payments. Merchant accounts act as intermediaries between businesses and payment networks, facilitating the secure transfer of funds from customers to your account.

Accounts

Clearly Payments

MARCH 14, 2025

Payment Processor Facilitates communication between acquiring and issuing banks. Merchant Sends Transaction Request : The merchant’s POS system or online payment gateway encrypts and transmits the transaction data to the acquiring bank or payment processor. Merchant Sells goods/services and accepts credit card payments.

Credit Cards

Stax

JULY 7, 2025

In short: Mobile payment systems = the merchant-facing tools that process mobile payments Mobile payment services = the customer-facing apps that facilitate the payment Why Do Merchants and Customers Need a Mobile Payment Service? First, the merchant sends a secure payment link to facilitate a transaction.

Mobile Payments

Stax

APRIL 3, 2025

The details are then encrypted and transmitted to a third-party payment gateway for authorization. This requires the merchant to become a registered payment facilitator or PayFac. Encryption – Encryption converts plain text into coded characters that can only be decoded by authorized users.

Payment Solutions

Fintech Finance

DECEMBER 18, 2024

Additionally, TCB Pay already offers Apple Pay as a payment option in the TCB Pay Portal for sales and invoicing, ensuring businesses have even more tools to facilitate their payment processes. This new offering empowers businesses to provide customers with a seamless, secure, and efficient online checkout experience.

Federal Reserve

Stax

MARCH 6, 2025

The system generates a one-time encrypted code for each transaction, preventing fraudsters from stealing payment data. These 7 contactless payment methods come with built-in security features like encryption, tokenization, and proximity-based protection. They simply tap their credit card , mobile device, or smartwatch to pay.

Contactless Payments

Stax

MARCH 11, 2025

Encryption and transfer of payment information The payment gateway that underpins your checkout page will now encrypt the customers payment details as stipulated by industry data security regulations like PCI DSS (Payment Card Industry Data Security Standard) before transferring the data to your payment processor.

Online Payment Processing

Stax

JANUARY 28, 2025

Once the issuing bank gives the go-ahead, the payment services provider will facilitate the transfer of funds from the customers account to a merchant account. Click to Pay vs digital wallets Click to Pay and digital wallets are similar in the sense that both payment systems rely on stored customer data to facilitate faster payments.

Payment APIs and Integration

Stax

NOVEMBER 21, 2024

TL;DR Credit card payment processing encompasses the series of activities that enable your small business to accept credit card payments from customers and facilitate the transfers of relevant funds from the buyer’s bank account to your business account. It serves as a link between your website and your payment processor.

Credit Cards

The Payments Association

DECEMBER 9, 2024

Sweeney says: Payment systems must facilitate near-instant payments, which leaves little time for traditional analysis or verification. The potential for misuse of AI in creating deepfakes or facilitating fraud adds another layer of ethical complexity. Moreover, there are growing concerns about bias in AI algorithms.

Privacy

Clearly Payments

NOVEMBER 13, 2024

Types of Information Provided by BINs A Bank Identification Number (BIN) provides crucial details that facilitate secure and efficient payment processing. Testing should also cover security measures, such as encryption and tokenization, to protect cardholder data.

Process

EBizCharge

MARCH 7, 2025

Faster customer payments: An Acumatica integration facilitates faster customer payments, providing options like click-to-pay links and a self-service portal for managing invoices. Opt for a PCI-compliant gateway with encryption, tokenization, and fraud detection tools to protect customer data and prevent chargebacks.

Payment Gateways

EBizCharge

JANUARY 14, 2025

A payment gateway is a technology that facilitates the transfer of payment information between a customer and a merchants bank during an online or in-store transaction. Overall, the payment gateway acts as a secure bridge that encrypts sensitive data, such as credit card details, to ensure the transaction is processed safely and efficiently.

Payment Gateways

Stax

MAY 5, 2025

It helps facilitate financial transactions, supports different payment methods, and offers security features to protect payments. Request a Quote FAQs about Payment Gateway Q: What is a Payment Gateway for a Mobile App? Q: Why is integrating a Payment Gateway into a Mobile App necessary?

Payment Gateways

Finextra

JULY 3, 2025

It simply facilitates transactions by linking to your customers existing financial instruments, like bank accounts or credit/debit cards. Look for features like transaction monitoring, biometric logins, and encrypted data. What is a digital wallet? A digital wallet, on the other hand, doesn’t hold money.

eWallet

Stax

NOVEMBER 14, 2024

All you need to do is enter the payment info into your virtual terminal and it will then be encrypted, authorized, and submitted for online payment. Chips uniquely encrypt the card information each time it is used. Point-of-Sale Point-of-sale systems are huge for restaurant and retail locations.

Credit Cards

EBizCharge

MARCH 11, 2025

These fees are typically lower than credit card processing fees and are charged by payment processors or banks for facilitating direct bank-to-bank transfers. These fees cover the cost of securely transmitting payment data, encrypting sensitive data, and authorizing transactions in real-time.

Processing Costs

The Fintech Times

APRIL 3, 2025

This certification ensures that all transactions are encrypted and protected, giving users peace of mind that their funds are secure from fraud and unauthorized access. Giving customers confidence and security Security is also at the core of Send App, as it is PCI-DSS Level 1 certified, the highest security standard in the payments industry.

PCI DSS

Stax

MARCH 5, 2025

Together, these three parties facilitate the online payments process. This means that payment processors process credit card transactions, while payment gateways facilitate the transaction by securely transmitting all data. Merchant account: The merchant account is where the funds will be deposited.

Credit Card Payment Processing

Fintech News

MAY 11, 2025

LianLian Global offers a comprehensive suite of services designed to facilitate international commerce. Sunrate enables near-instant cross-border payments with transparent pricing, enhanced security through encrypted transaction processing, and smart routing for efficient transfers. million companies worldwide.

Cross-Border Payments

Stax

APRIL 10, 2025

Its role is to encrypt and securely transfer your customers payment data to your payment processor. The payment method is facilitated by digital wallets like Apple Pay, Google Pay, and Samsung Pay. They let buyers initiate payments by placing their mobile phone near a compatible payment terminal.

Small Business

Fintech Finance

APRIL 2, 2025

Speaking on the launch, Olugbenga ‘GB’ Agboola, Founder and CEO of Flutterwave, emphasized the company’s commitment to enhancing financial connectivity across & beyond Africa: “We are dedicated to facilitating secure and seamless transactions that drive national and continental economic transformation.

PCI DSS

EBizCharge

MARCH 20, 2025

The Sage software can also sync with payment gateways to facilitate secure and quick payment processing for various industries and business sizes. Security features to look for include: Tokenization & encryption: Protects payment information from unauthorized access. Why integrate a payment gateway into Sage?

Payment Gateways

CoinRemitter

MARCH 28, 2025

One of the key facilitators of this shift is CoinRemitter, a crypto gateway that enables reliable stablecoin transactions in Tether USD ERC20 and Tether USD TRC20. Such assets eliminate the price volatility, which is considered one of the biggest risks in the crypto industry, while maintaining the transaction speed and affordability.

Stablecoins

EBizCharge

JUNE 16, 2025

Payment processing solutions facilitate the transfer of funds from customers to businesses. Payment gateways act as intermediaries between customers and businesses, facilitating the secure transfer of payment information. This account holds funds from sales until they’re deposited into a business’s primary bank account.

Payment APIs and Integration

EBizCharge

MARCH 31, 2025

Payment gateways: Payment gateways facilitate communication between merchants banks, card-issuing banks, and credit card networks to complete card transactions. These methods should include terminal payments, email pay, customer portals, and hosted checkouts to facilitate in-person and on-the-go payments.

Service Provider

Fintech News

NOVEMBER 5, 2024

OCBC Bank and Ant International have announced a strategic partnership aimed at streamlining cross-border fund settlements using tokenised deposits and leveraging advanced encryption and AI. The collaboration will prioritise enabling real-time payments between Singapore and Malaysia, 24/7, via Ant International’s Whale platform.

Settlement

Stax

JANUARY 21, 2025

TL;DR A POS system facilitates in-person transactions by enabling merchants to ring up the sales. Whether its a restaurant or retail POS system, they all serve a similar function: its a solution that facilitates in-person transactions by enabling merchants to ring up sales. Lets get started. Talk to sales What is a POS system?

Point-of-Sale (POS)

EBizCharge

APRIL 22, 2025

While the Salesforce platform focuses on customer relations, it can be integrated with trusted third-party payment processors like EBizCharge to facilitate seamless integrated payments. Since Salesforce handles sensitive customer and transaction data, the payment integration must uphold the highest standards for data protection.

Payment APIs and Integration

M2P Fintech

MARCH 24, 2025

This includes employing machine learning algorithms to automate parts of the loan application and underwriting process, as well as using digital platforms to facilitate communication between borrowers, lenders, and other relevant parties. Robust encryption, multi-factor authentication, and strict access controls are crucial security measures.

Payment APIs and Integration

EBizCharge

JUNE 12, 2025

Along with facilitating successful transactions, a reliable payment processor will simplify complex operations, help you lower costs, and provide you with the tools to scale.

Process

Stax

FEBRUARY 19, 2025

When selecting an ISV partner, businesses should verify: Data encryption standards to prevent breaches. Since Stax is a certified payment facilitator, you can instantly onboard customers and bypass lengthy approval processes. Q: What does it mean when a company like Stax is a certified payment facilitator?

ISVS

Finextra

JUNE 26, 2025

Expanded Global Reach and Financial Inclusion Stablecoins facilitate fast, borderless payments, effectively bypassing the complexities and uncertainties of fluctuating exchange rates and reducing overall transactional complexity. Transactions are encrypted and verifiably recorded on an immutable public ledger.

Stablecoins

Stax

APRIL 17, 2025

TL;DR A point-of-sale (POS) system is a combination of software and hardware used by businesses to facilitate in-store sales. Thats why weve compiled this guide to help you understand how POS systems work, the key features to look for, and how to choose and implement the right software for your retail store.

Online and Mobile Banking

Stax

DECEMBER 9, 2024

Merchant Accounts Merchant accounts are specialized accounts established by merchants to facilitate credit card payments. Ensure that you’re working with a processor that provides secure payment systems (SPS) that can encrypt and tokenize cardholder information to prevent fraudulent transactions.

Credit Cards