Stax

MARCH 6, 2025

The reader then verifies the card payment by checking with the customers bank or processor before approving the transaction. The payment goes directly from the customer to the merchant without a third-party processor. Once confirmed, the funds transfer directly from the customers crypto wallet to the merchants wallet.

Contactless Payments 88

Contactless Payments Online and Mobile Banking Encryption CHIPS 88

PYMNTS

DECEMBER 15, 2020

The push toward modernization does not stop at fund transfers, either, and companies are adopting digital supports to help them more smoothly and rapidly process invoices. How Virtual Card Help Healthcare Claims Processors Manage Payments. This could create high demand for change. Check out the Report for the full story.

B2B 107

B2B Processors Push-to-Card Automation 107

Fintech Finance

AUGUST 8, 2024

Thredd , a leading global payments processor, announces the successful launch of LianLian Global’s virtual card program in the APAC market. They specialise in delivering cross-border funds settlement services with instant payouts and frictionless customer experience.

Cross-Border Payments 98

Cross-Border Payments Cross-Border APACS Processors 98

PYMNTS

JUNE 7, 2016

After mounting complaints from both banks and consumers about unauthorized withdrawals and other illicit activities, the accused payment processor is being taken to court. Companies cannot turn a blind eye to wrongdoing when they process payments from consumer banking accounts on behalf of clients that are breaking the law.”.

CFPB 41

CFPB Processors Consumer Financial Protection Bureau (CFPB) Payments 41

Clearly Payments

MAY 16, 2024

In payment processing, tiered pricing is one of the most common pricing models used for fees by payment processors. The complicated part of tiered pricing is that each processor can define its own tier, what types of transaction fit into each tier, and the pricing for each tier. Non-qualified transactions incur the highest fees.

Process 105

Process Processors Payments Credit Cards 105

Clearly Payments

JANUARY 16, 2024

Payment Processor Markup: In addition to interchange fees, merchants work with payment processors who charge a markup for their services. This markup is an additional fee on top of the interchange fees and covers the payment processor’s costs and profit. You can read more on the interchange fees by country.

PCI DSS 105

PCI DSS Debit Card Processors Credit Cards 105

The Fintech Times

MARCH 9, 2024

Wert , a payment solution provider facilitating fiat payments in the Web3 space, has broadened its card acceptance capabilities in collaboration with payment processor Worldpay , encompassing the inclusion of JCB, American Express, and Discover cards within its integrated payment system.

Electronic Funds Transfer (EFT) 114

Electronic Funds Transfer (EFT) NFTs Funds Transfer Facilitators 114

EBizCharge

DECEMBER 23, 2024

ACH transfers involve direct bank-to-bank transactions, while credit card payments typically rely on third-party processors and incur higher transaction fees. Automated Clearing House (ACH) is a network tailored for moving funds directly between bank accounts. Each comes with unique features that suit different business needs.

Credit Cards 52

Credit Cards ACH Payments Disputes 52

EBizCharge

MARCH 18, 2025

This ensures faster fund transfers and reduces the time spent waiting for payments, improving liquidity and financial stability. Secure integration with payment processors: A trusted payment processor provides additional security features, such as fraud detection, tokenization, and end-to-end encryption (E2EE).

Credit Cards 52

Credit Cards Process Security Data Breach 52

Stax

NOVEMBER 13, 2024

A customer authorizes these electronic payments by indicating it’s their preferred payment method for recurring bill payments or other essential funds transfers such as an annual tax payment. Of the two types of ACH transfers, an ACH debit tends to be favored by firms expecting regular ongoing payments.

ACH 88

ACH ACH Network Payer Payee 88

Stax

JULY 9, 2024

The world of Electronic Funds Transfer (EFT) payments is vast, spanning just about every payment method you can think of. TL;DR An Electronic Funds Transfer is an umbrella term for payments that are conducted electronically—essentially, any payment method except for cash and paper checks.

Electronic Fund Transfer Act (EFTA) 88

Electronic Fund Transfer Act (EFTA) ACH Electronic Funds Transfer (EFT) Funds Transfer 88

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. When a customer initiates a payment, the gateway securely transmits the information to the payment processor and the issuing bank for authorization.

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 52

Clearly Payments

APRIL 3, 2024

When a customer initiates a payment, the payment processor verifies the transaction details, such as the cardholder’s information and the availability of funds. Once verified, the processor authorizes the transaction and communicates this approval to both the merchant and the customer. Visa, Mastercard).

Process 59

Process Processors Online and Mobile Banking Payments 59

Stax

SEPTEMBER 17, 2024

When looking for a payment gateway, make sure it easily integrates with your payment processor, offers transparent pricing, allows you to white-label the payment experience, and has great customer reviews. The payment processor interfaces with the customer’s card network (e.g, What Exactly Is a Payment Gateway?

Payment Gateways 88

Payment Gateways Gateways Online and Mobile Banking Payment APIs and Integration 88

Stax

JULY 9, 2024

It’s just the fees through the payment processors that merchants will need to check. Peer-to-peer electronic payment methods link to the payer and payee’s bank account to withdraw and deposit funds, providing a way for users to easily perform a funds transfer. NFC-enabled POS devices can be explored here.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

Stax

APRIL 30, 2024

These entities include the issuing bank, the acquiring bank, the card or digital payment company, and the payment processor. This information transfer is facilitated through a payment processor. The device can collect payment details, send requests through a payment processor, and complete transactions.

Process 88

Process Online and Mobile Banking PCI DSS Debit Card 88

Stax

SEPTEMBER 17, 2024

And on that note, two of the most common modes of electronic funds transfer are ACH and wire transfers. In this post, we’re going to review ACH and wire transfers, look at their similarities, and then see how they compare against each other. The amount might be different for banks and payment processors.

Wire Transfer 88

Wire Transfer Wire Wires ACH 88

Finextra

JUNE 14, 2025

It’s innovating in areas like open banking, real-time bank transfers, and even AI-driven payments. In short, Mastercard is no longer just a payments processor; it’s becoming a broad fintech solutions provider. This fundamental network model (shared with its main rival Visa) has proven enormously scalable and resilient.

Visa 52

Visa Gateways AI Value Added Service 52

Fi911

JANUARY 4, 2024

The Electronic Fund Transfer Act (EFTA) Enacted in 1978, EFTA regulates bank responses to consumer complaints and sets liability limits for lost or stolen debit cards. The deadlines for responding to chargebacks can vary depending on the reason code, the processor, and the card network involved.

Disputes 105

Disputes Laws Rules Governance 105

Stax

SEPTEMBER 24, 2024

And you don’t have to share the profits with a third-party payments processor. Non-discriminatory – Federal regulations like the Electronic Funds Transfer Act (EFTA) have guidelines in place to ensure that cash discounts are offered to all customers who pay using cash without discriminating against customers who pay using credit.

Credit Cards 88

Credit Cards Electronic Fund Transfer Act (EFTA) Push-to-Card Debit Card 88

Payment Savvy

JULY 3, 2024

As the preferred method for many, debit card transactions offer convenience, security, and immediate fund transfers, making them integral to modern commerce. The Payment Card Industry Data Security Standard (PCI DSS) outlines a set of comprehensive security requirements for merchants and payment processors.

Debit Card 52

Debit Card Process PCI DSS Processors 52

EBizCharge

MAY 15, 2024

Payment methods commonly used in B2B transactions include bank transfers, checks, electronic funds transfers (EFT) , credit cards, and increasingly digital payment platforms. Payment Authorization: Before the funds are transferred, the payment may undergo authorization processes to ensure security and legitimacy.

B2B 52

B2B Wire Transfer Payments Payment Gateways 52

Stax

DECEMBER 27, 2023

It usually takes one to two business days before these funds are available to the business, though some payment processors may offer same-day deposits. Once funds are verified, the card issuing bank will issue an approval code for the acquiring bank to transfer funds to the business’s merchant account.

Accounts 88

Accounts Online and Mobile Banking Payment Gateways PCI DSS 88

PYMNTS

MARCH 12, 2020

Payment processors typically integrate into back-end business software and help merchants accept funds, but their role exceeds helping companies pay and be paid. Payment processors expanding their operations into new industries and markets have their work cut out for them, however. Understanding The Merchant Sector.

Money Laundering 52

Money Laundering Risk Processors Point-of-Sale (POS) 52

Stax

NOVEMBER 11, 2024

ACH payments are consistently ranked as one of the safest payment methods a business can accept, and are regulated by the Federal Reserve Bank and Electronic Fund Transfer Act. For any business looking to implement ACH transfers as an accepted form of payment, it’s important to communicate how easy it is to set up.

ACH 88

ACH Checks Identity Theft Payments 88

Clearly Payments

NOVEMBER 26, 2023

What HVAC Companies Should Look for in a Credit Card Processor In the dynamic realm of HVAC services, the choice of a reliable and efficient payment processor plays a pivotal role in ensuring seamless transactions and a positive customer experience.

Credit Card Payment Processing 52

Credit Card Payment Processing Credit Cards Process Processors 52

Clearly Payments

NOVEMBER 10, 2023

Choose a Suitable Credit Card Processor Choose a credit card processor that aligns seamlessly with your business needs. A suitable credit card processor is a crucial partner in ensuring smooth reconciliation and accounting processes.

Reconciliation 52

Reconciliation Credit Cards Processors SWIFT 52

Clearly Payments

DECEMBER 3, 2023

BitPay: Bitcoin and cryptocurrency payment gateway and processor (International). Beanstream (now part of Bambora, Canada): Secure payment processing solutions (Canada). BigCommerce Payments: E-commerce platform with integrated payment solutions (International). Blackbaud Merchant Services: Payment solutions for nonprofits (United States).

Payment Gateways 105

Payment Gateways Gateways Online and Mobile Banking Payment APIs and Integration 105

The Fintech Times

MAY 9, 2024

Thredd, a global payments processor, announced the expansion of its product and delivery teams with four senior appointments. Tadayon will leverage his 25 years of experience in financial services and technology to continue scaling Mitigram as a fintech innovator in trade finance.

FinTech 64

FinTech Cross-Border Payments Cross-Border Origination 64

PYMNTS

DECEMBER 18, 2019

According to the company, rather than force businesses to rely on expensive third-party payment processors, service providers can help corporates become their own processors for greater cost savings, efficiencies and data integration into their back-office platforms, allowing firms to address ACH’s largest pain points that prevent adoption.

B2B 52

B2B Credit Union Electronic Funds Transfer (EFT) RTP 52

Nanonets

APRIL 18, 2023

ACH payments are electronic fund transfers used to move money between bank accounts in the United States. ACH Setup - Connecting your bank account to the ACH payment processor of choice. How should you select an ACH payment processor? How do ACH payments work? Book a 30-min live demo now.

ACH 52

ACH ACH Network Payments Best Practices 52

Stax

JANUARY 15, 2024

They must also follow regulations, such as the Electronic Fund Transfer Act , mandating fee disclosure for electronic transactions. Q: What regulations apply to payment processors? Payment processors must comply with various regulations, including: PCI DSS for data security. for transactions also requires this compliance.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Stax

JANUARY 17, 2024

PayFacs typically partner with a payment processor or a bank to provide merchant services. How ACH Payment Facilitators Operate To understand how ACH PayFacs operate, imagine you have payment processors on one end of the spectrum and merchants on the other. This has been one of the biggest factors behind the success of ACH payments.

ACH 88

ACH Facilitators ISVS Payment APIs and Integration 88

EBizCharge

APRIL 17, 2024

These links also provide safer and faster fund transfers and work well with various payment service providers. Payment processors can also integrate and offer these links to merchants to streamline customer payments. Completion: The financial institution processes the electronic payment and completes the transaction.

Online and Mobile Banking 59

Online and Mobile Banking Payments Payment Gateways Credit Cards 59

Stax

FEBRUARY 28, 2024

Cons A fully-integrated payment terminal may limit your choices when it comes to which devices and payment processors to choose. Your customer inserts or swipes a credit card through the terminal, sending the information for processing directly from the card reader to the payment processor. What is a Semi-Integrated Payment Terminal?

Payments 88

Payments Credit Cards Non-Bank Contactless Payments 88

Clearly Payments

DECEMBER 9, 2023

Choosing the Right Type of Payment Processor Acquirers almost exclusively use ISOs as their sales channel. This overview captures the fundamental steps in a credit card transaction within the payment processing system, recognizing that there are additional intricacies behind the scenes.

ISOs 59

ISOs Acquirers Credit Cards MSPS 59

PYMNTS

JUNE 27, 2019

The fee is cheaper than that of many current card processors, and the app doesn’t require a merchant to buy a card reader. Marcos Magalhães, the CEO of Itaú’s card processor Rede, said the new service will attract a number of small merchants who don’t need customized services.

Blockchain 59

Blockchain Digital Payments Instant Payments Online and Mobile Banking 59