Fintech News
NOVEMBER 5, 2024
The use of PBM is expected to keep payment processing costs consistent for GrabPay merchants and international payment apps within the Alipay+ ecosystem. The new system uses Purpose Bound Money (PBM), which specifies the conditions for using stablecoins, and the Avalanche blockchain.
Stax
OCTOBER 21, 2024
Merchants are usually unaware of how payment processors have categorized transactions, why certain fees apply, and why others don’t. Tiered pricing works best for merchants whose transaction profiles feature a large percentage of low-cost transactions. Ultimately, this can severely affect profit margins.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Clearly Payments
FEBRUARY 10, 2025
Cash Discounting and Surcharging To offset processing costs, some businesses use cash discounting or surcharging: Cash Discounting Offering a small discount (usually 3-4%) for customers who pay with cash instead of a card. Higher Interchange Fees International card transactions often have 0.5%
Cardfellow
APRIL 5, 2025
While Squares flat rate structure is predictable and looks less complex, its often not the most cost-effective. Interchange plus models can often save you money – sometimes significant amounts – over flat rate processing. Other processors can more effectively handle international payments and multiple currencies. #5.
The Payments Association
FEBRUARY 27, 2025
Exactly.com , a UK-based international payment provider, recently showcased its full-stack payment solution at the Retail Technology Show, which took place at ExCel London from March 2-3, 2025. The in-house-built system is designed to accelerate e-commerce businesses’ revenue, lower acquisition costs, and prevent fraud.
Stax
JANUARY 21, 2025
TL;DR Choose a payment gateway compatible with your business model, whether for eCommerce, subscriptions, or omnichannel sales. Opt for gateways that support diverse payment options like credit/debit cards, digital wallets, and international payments to accommodate customer preferences.
Stax
MARCH 27, 2025
They share several key characteristics, including: Cost-effective and reliable digital transactions ACH and EFT both enable direct bank-to-bank transfers, reducing the costs and security issues associated with cash and checks. This makes it easy for businesses to track payments and resolve potential disputes. per transaction.
Expert insights. Personalized for you.
109 
Let's personalize your content