EBizCharge

MARCH 11, 2025

As companies transition to online payment platforms, the complexities of payment processing costs can often lead to unexpected expenses that eat into margins. Thankfully, this article will explore the various payment processing costs associated with Acumatica as well as actionable strategies for businesses to reduce these expenses.

Processing Costs

The Payments Association

FEBRUARY 14, 2025

Firms need to act now in examining their existing processes and controls and strengthening these where needed to prepare with sufficient time for the changes. Key actions for firms Implement robust internal processes : Firms must establish (or bolster) comprehensive internal processes to comply with the new safeguarding requirements.

Stablecoins

EBizCharge

DECEMBER 2, 2024

Among these strategies, dual pricing has emerged as a pivotal concept that can significantly influence processing fees. When used legally, the dual pricing approach can help businesses navigate the complexities of processing fees and empower consumers to make informed decisions at the point of sale (POS). What is dual pricing?

Process

The Payments Association

DECEMBER 9, 2024

From fraud detection to customer support, AI-driven solutions are revolutionising how payments are processed and safeguarded. LLMs are sophisticated algorithms trained on vast amounts of text data, enabling them to generate human-like text, interpret complex queries, and process vast amounts of transactional data.

Privacy

EBizCharge

MAY 1, 2025

Every swipe or tap of a credit card comes with processing fees that can hinder a businesss profitability if not properly managed. Understanding credit card processing fees Its essential for businesses to know how to navigate credit card processing fees to maintain healthy cash flows and revenue streams.

Credit Cards

Stax

DECEMBER 9, 2024

This has been aided by the rise of online banking, which has made the chargeback process as easy as a few clicks. It’s possible for cardholders to get a chargeback approved from either their bank or the credit card processing company (e.g. The merchant processes the payment using a card terminal or an online payment gateway.

Credit Cards

Fintech News

MARCH 4, 2025

Originally introduced in the United States in October 2024, GAV verifies whether payee and account details match before transactions are processed, helping businesses and individuals prevent fraudulent transfers.

Verification

Fintech News

JUNE 17, 2025

The addition of tokenised funds supports growing real-world adoption as institutions move beyond experimentation to streamline post-trade FX processes. Institutions now have access to tokenised USD, EUR, and SGD from participating banks and can settle transactions on demand, around the clock.

Settlement

The Fintech Times

MARCH 28, 2025

Unlimit , the global fintech, is joining forces with Mexico-based online electronics retailer Doto to enhance the merchant’s payment processing capabilities. The partnership focuses on enhancing Dotos transaction processing capabilities in Mexico, by driving improved efficiency and reliability for their payment system.

Process

Finovate

APRIL 4, 2025

In their report, Float pointed to legacy banking infrastructure and inefficient processes as the culprit, noting that many companies continued to patronize financial institutions that required time-consuming in-person visits and manual reviews, or long settlement times. German fintech Upvest secured $42 million in Series B funding.

Mitigation

Fintech News

OCTOBER 29, 2024

It enables members of Thunes’ global network to fund and settle international transactions using USDC, enabling faster transfers that can be processed within seconds, any day of the week. By utilising USDC, Thunes aims to reduce capital costs and improve liquidity for its network participants.

Cross-Border Payments

Cardfellow

JUNE 25, 2025

The bottom line here is that whenever customers feel that they have been charged for something they shouldn’t have, they can file a dispute with their bank, which begins the chargeback process. Duplicate Processing / Paid by Other Means 12.7: Credit Not Processed 13.7: Duplicate Processing / Paid by Other Means 12.7:

Disputes

Fintech Finance

DECEMBER 16, 2024

Uncompromised Security and Trust: Integrating ABN AMROs financial infrastructure with Twos secure technology ensures reliable, risk-mitigated transactions. Streamlined, Scalable Processes: Designed to minimise administrative work, the solution can adapt to businesses of all sizes, from SMEs to large corporations.

B2B

VISTA InfoSec

MARCH 13, 2025

PCI DSS applies to any and every organization, regardless of size, that accepts, processes, stores, or transmits payment card data. As cybercriminals continue to evolve their tactics, businesses must prioritize strong cybersecurity measures to mitigate these risks. This is where the PCI DSS comes into play.

PCI DSS

The Payments Association

JUNE 5, 2025

Traditional expense management often involves manual processes, such as submitting receipts, completing expense reports, and seeking approvals, which can be time-consuming and lack real-time insights. Furthermore, transaction data is captured electronically, eliminating the need for manual data entry and minimising the risk of errors.

Fraud Detection

The Payments Association

DECEMBER 2, 2024

These changes are not just reshaping the way payments are processed however, also redefining the responsibilities of firms operating in this space. Firms that were systematic in their implementation, actively scrutinising their processes in light of the Duty, tended to be more compliant.

Regulations

The Payments Association

MAY 16, 2025

Yet, orchestration goes beyond merely streamlining accessit also optimises payment strategies to maximise acceptance rates, minimise costs, and reduce friction in the checkout process. Payment orchestration platforms enable instant payment processing and settlement by integrating with domestic and international real-time payment rails.

Transactions

Fintech Finance

DECEMBER 11, 2024

With a proven track record in transforming financial data collection across different sectors, Armalytix has developed a sophisticated platform that streamlines Source of Funds (SoF) verification, addressing long-standing challenges in legal financial processing. The partnership goes beyond simply gathering basic financial information.

Laws

Stax

MAY 5, 2025

A payment gateway solution is a service that authorizes credit card payments and processes them on behalf of the merchant. By integrating a payment gateway into your mobile app, you can streamline the payment process and make it more convenient for customers. This, in turn, will lead to more repeat business. Other features are unique.

Payment Gateways

The Payments Association

FEBRUARY 10, 2025

AI can enhance transaction monitoring, while stronger KYC processes and staff training will help manage risks and maintain compliance. Including structured data would help PSPs monitor and mitigate financial crime risks. To navigate diverse vIBAN regulations, PSPs should establish a global compliance framework adaptable to local laws.

IBAN

EBizCharge

NOVEMBER 12, 2024

As digital payments continue to grow in popularity, a frictionless payment processing system is vital. The merchant account provider processes the payment by communicating with the customer’s bank to approve or decline the transaction. The approval process can vary based on the business type and creditworthiness.

Accounts

Stax

MARCH 13, 2025

TL;DR Interchange fees make up the bulk of the processing fees merchants pay to accept cards. Keep card networks up and running Large, global infrastructures are required to process massive volumes of transactions safely and efficiently. Because of this, it makes better business sense to understand how they are calculated.

Debit Card

Fintech News

MAY 28, 2025

The programme streamlines the process of identifying, reporting, and mitigating these threats, allowing Google to investigate and remove abusive accounts more efficiently. The pilot phase was launched with a select group of FS-ISAC member institutions. ” said Amanda Storey, Senior Director, Trust & Safety, Google.

FS-ISAC

The Fintech Times

JUNE 14, 2025

In addition to mitigating fraud, Worldpay’s 3DS Flex will reduce customer friction, and boost authorisations, improving the customer’s shopping experience. For example, false positive declines of good faith purchases and additional steps in the checkout process present serious challenges to fraud mitigation strategies.

Mitigation

Fi911

DECEMBER 31, 2024

For example, if a merchant processes 1,000 transactions in a month and receives 10 chargebacks, the chargeback rate would be 1%. However, there’s a key difference: Visa calculates the ratio by dividing the chargebacks received in a given month by the total transactions processed during that same month.

Disputes

The Payments Association

JANUARY 3, 2025

Chargebacks emerged as a shared pain point across sectors, with merchants expressing frustration at how the process works. Gitika (TFL) shared a similar concern about how customers can manipulate the process for double compensation: Sometimes, customers raise a refund and then also initiate a chargeback, essentially getting compensated twice.

Fraud Detection

Stax

JANUARY 23, 2025

The merchant underwriting process is a critical step that payment processors and financial institutions use to assess the risk associated with onboarding new businesses. Merchant account underwriting is the evaluation process payment processors use to assess whether a business meets the criteria for accepting credit card payments.

Underwriting

EBizCharge

DECEMBER 18, 2024

Clearinghouses act as neutral third parties that verify, process, and often guarantee transactions to reduce participant risks. Here are four main functions and purposes of clearinghouses: Risk mitigation: The clearinghouse aims to mitigate risk by ensuring each party fulfills its obligations to reduce the chances of a party defaulting.

Facilitators

EBizCharge

MARCH 14, 2025

Customer support: Without a refund policy, merchants may spend excessive time handling customer disputes, processing individual refund requests, and clarifying return conditions. A structured policy streamlines this process, reducing the burden on customer service teams.

Returns

Fintech Finance

NOVEMBER 21, 2024

The company processes more than 75% of all card-based transactions in Zimbabwe, reflecting the country’s increasing adoption of electronic payments. In 2020, the Reserve Bank of Zimbabwe designated Zimswitch as the national payment switch. The project is expected to go live in early 2025.

Fraud Prevention

The Payments Association

JUNE 24, 2025

Going forward, the EBA recommends that the Commission, the European Council, and the European Parliament use the PSD3/PSR legislative process to apply appropriate payment services requirements to CASPs without requiring dual authorisation.

Payment Service Provider (PSP)

The Payments Association

JUNE 3, 2025

The necessity of tokenisation in digital payments The traditional view of tokenisation as a fraud mitigation tool is outdated. Tokenisation must also contend with data sovereignty laws that dictate where data can be stored, processed, and transferred.

Security

Finovate

JANUARY 7, 2025

Eltropy envisions that by combining Lexop’s collections technology with its own AI-powered communications platform, it can help to modernize debt repayment and collections processes. “The world needs a better way for people to pay their debt obligations.

Acquirers

EBizCharge

MAY 22, 2025

Thankfully, this article will guide you through best practices for streamlining invoicing and billing processes to transform financial management and operations. Billing is the process of charging customers for provided services, products, and resources. Many businesses struggle with tracking invoices due to manual processes.

Process

Fintech Finance

JUNE 11, 2025

Fraud mitigation isn’t just an on or off switch; rather, it’s a balance that requires merchants to understand how security, authentication, authorization, fraud detection and the impact on the shopping experience work in harmony with one another,” said Cindy Turner, chief product officer at Worldpay.

Authorization

The Fintech Times

JULY 4, 2025

“We now process over a third of our transactions on-chain. As a Project Guardian participant, Ant International also leveraged its blockchain-based Whale platform to develop a global treasury management use case for real-time multi-currency clearing and settlement.

Interoperability

Fintech Finance

JULY 7, 2025

Together, these companies processed more than £10 billion of payments annually, and maintain an average Trustpilot score of 4.9 – reflecting 25 years of trusted service that forms the foundation for Redpin’s platform vision. The platform will roll out to additional markets later this year.

Multi-Currency