Clearly Payments

JANUARY 21, 2025

Challenges in Government Payment Processing Government agencies manage a diverse range of payment types, including tax payments, permit fees, licensing, utility bills, and fines. Stronger Security: Advanced encryption, tokenization , and fraud detection protect sensitive data and bolster public trust.

Government Payments 59

Government Payments Governance Government PCI DSS 59

Stax

APRIL 10, 2025

Its role is to encrypt and securely transfer your customers payment data to your payment processor. All the data transfer between the digital wallet and your payment terminal are encrypted and the system also uses tokenization to ensure iron-clad data security.

Small Business 88

Small Business Wire Transfer BNPL ACH 88

Stax

MARCH 27, 2025

Automated Clearing House (ACH) is one type of EFT that processes payments in batches through the ACH Network. To choose the right payment method, consider transaction volume, transfer speed, cost, and security. EFT and ACH offer more security and convenience than cash and checks, but they also come with limitations.

ACH 88

ACH Electronic Funds Transfer (EFT) Wire Transfer Wire 88

Cardfellow

FEBRUARY 26, 2025

Like other forms of contactless payment, it uses tokenization and encryption to maximize security. The data exchanged between a card and the smartphone accepting the payment will be encrypted. Costs to Accept Tap on Phone Tap on phone is considered a card-present transaction and your processor will charge card-present rates.

Contactless Payments 52

Contactless Payments Credit Cards Chip Cards Processors 52

EBizCharge

MARCH 20, 2025

Consider payment processing costs and ensure the provider complies with industry standards like PCI Compliance. Reviewing each providers functionality, payment collection tools, payment security, costs, and customer support will enable your business to make the best decision.

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Payments 52

Stax

AUGUST 29, 2024

The best provider for you will be one that supports multiple currencies and lets you process transactions in the preferred local currency of your customers. Predictable flat-rate pricing and billing A flat-rate pricing model is simple and transparent, which makes it easy for you to calculate and monitor your payment processing costs.

Payment Service Provider (PSP) 88

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

Stax

FEBRUARY 19, 2025

Fraud Prevention: Look for proactive measures such as encryption, tokenization, and real-time fraud monitoring. 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.

Payments 88

Payments PCI DSS Compliance Risk 88

Basis Theory

OCTOBER 1, 2024

Today, more merchants are becoming PCI DSS compliant despite not having the prerequisite volume to necessitate it. PCI Levels allow organizations to understand and determine their reporting requirements when processing credit card payments. This can significantly increase the cost of your compliance for years to come.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 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

EBizCharge

AUGUST 15, 2024

These fees are incurred by merchants for each transaction and are paid to the card-issuing banks as compensation for handling the credit risk and processing the payment. Pass-through fees are essential for merchants since they directly impact overall credit card processing costs. Who charges pass-through fees?

Credit Cards 52

Credit Cards Processors Best Practices Volume 52

EBizCharge

NOVEMBER 12, 2024

A merchant application is a formal document a business owner must complete and submit to a merchant account provider to be able to accept and process customer credit and debit cards and electronic payments. Sales volumes: Document monthly sales volumes to evaluate transaction levels.

Online and Mobile Banking 52

Online and Mobile Banking Processors Debit Card Volume 52

Payment Savvy

DECEMBER 14, 2021

This can be especially beneficial for any business, including high-risk merchants , looking at ways to speed up their payment processing. Cost Savings. This saves businesses money on materials, postage, printing, and storage costs. Labor costs may also be reduced as fewer employees are required to process payments.

Digital Payments 52

Digital Payments Credit Cards Payments Processors 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 Payment Gateways PCI DSS 52

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

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

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 Stax can ensure that while you grow, your credit card processing fees don’t.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

Segpay

MARCH 10, 2025

The process begins when a player initiates a paymentwhether for deposits, in-game purchases, or withdrawals. 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.

Payment Gateways 40

Payment Gateways Gateways Payment Solutions Payment APIs and Integration 40

EBizCharge

MAY 2, 2024

When customers pay with their credit cards, surcharging applies an additional fee that covers the specific cost associated with that transaction type. The surcharge cannot exceed the payment processing cost or legal limits set by state laws. This might mean slightly higher prices, with the processing costs factored in.

Credit Cards 52

Credit Cards Process Processors Legal 52

Payment Savvy

JULY 3, 2024

Security Measures in Debit Card Payment Processing Here’s a breakdown of security measures employed in debit card payment processing: Encryption Encryption involves converting sensitive information (debit card numbers and personal details) into a coded format that is unreadable without a unique decryption key.

Debit Card 52

Debit Card Process PCI DSS Processors 52

Nanonets

FEBRUARY 1, 2024

Dramatic Cost Reductions in Processing Let's start with the financial health of your department. AP Automation has been shown to slash processing costs by a staggering 70%. Accounts payable automation solutions are built with robust security measures like encryption, user authentication, and audit trails.

Automation 64

Automation Accounts Process Multi-Currency 64

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 Disputes 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

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

Stax

OCTOBER 14, 2024

Consider the average transaction size and volume your business handles, as some processors are better suited for larger transactions, while others are ideal for high-frequency, low-amount payments. So while it may be simple, it typically results in higher overall processing costs for most established businesses.

Processors 88

Processors Small Business Payment APIs and Integration Payments 88

EBizCharge

FEBRUARY 19, 2025

Payment gateways can manage various payments, including credit, debit, and ACH/eChecks, while ensuring payment data is encrypted during transmission. This encryption protects sensitive payment information, such as credit card details, from unauthorized access.

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Payments 52