Stax

MARCH 18, 2025

Steps To Implementing Payment Tokenization In the SaaS Industry The global economy is shifting to digital currencies andtransactions. To keep the system of securing financial information and cardholder information safe, a multi-pronged approach to payment processing data security is imperative.

PCI DSS

Stax

DECEMBER 27, 2023

A merchant account acts as a pathway between your business, your customers, and the issuer and acquiring banks to process electronic transactions like credit cards. A merchant account refers to a business bank account that allows businesses to accept electronic payments for goods and services. Request Quote What Is a Merchant Account?

Accounts

Stax

AUGUST 29, 2024

The dominance of cashless commerce means only businesses that ensure the seamless processing of in-store and online credit and debit card payments will remain competitive. The company also provides a card reader and mobile POS app for free. Read on to find out.

Payment Service Provider (PSP)

Clearly Payments

FEBRUARY 12, 2024

Bank of America launched the BankAmericard in 1958, widely considered the first credit card available to consumers, which eventually evolved into Visa. In 1966, a group of California banks formed the Interbank Card Association (ICA), later known as Master Charge and then Mastercard.

Visa

Segpay

MARCH 10, 2025

In the rapidly evolving world of online gaming, having a reliable and secure payment gateway is crucial for both gamers and gaming businesses. Understanding the Basics of Gaming Payment Gateways A gaming payment gateway is a technology that facilitates online transactions between players and gaming platforms.

Payment Gateways

Clearly Payments

APRIL 3, 2024

This process is vital for businesses, as it enables them to accept payments through various methods, including credit and debit cards, electronic bank transfers ( EFT/ACH ), and digital wallets. Mobile Payment Boom: The growing use of smartphones and tablets is boosting the adoption of mobile payment solutions like Apple Pay and Google Pay.

Process

Stax

JULY 2, 2024

Being cloud-based allows you to sync your bookkeeping app with your bank accounts and other business management tools to generate real-time financial reports. You will be able to view those reports and keep tabs on your business’ finances on-the-go using your provider’s mobile app. What are the Benefits of Having a Bookkeeping App?

Online and Mobile Banking

Stax

MARCH 14, 2024

Online and contactless adoption multiplied, and digital payments rose. Consumers are increasingly gravitating towards quick and convenient payment methods such as contactless payments and mobile wallets when transacting with businesses. Between 2019 and 2020, the number of U.S. What are the Most Common B2B Payment Methods?

B2B

Stax

JULY 9, 2024

EFT payments are transactions between the sender and receiver that transfer funds electronically from the sender’s bank account to the receiver’s. The EFT payment market is a multi-billion dollar industry, forecasted to reach over 100 billion by 2028. There are several EFT payment types that we’ll discuss in this post. Easy to use.

Electronic Fund Transfer Act (EFTA)

PayHawk

APRIL 18, 2023

Automated Clearing House (ACH) An electronic network that enables the transfer of funds between bank accounts. B Bank Identification Number (BIN) The first six digits of a payment card number that identify the card issuer. Currency Conversion The process of converting the transaction amount from one currency to another.

Process

EBizCharge

AUGUST 8, 2024

From credit cards to alternative payment methods like mobile wallets, companies can cater to a global customer base with diverse payment preferences. Security: Salesforce adheres to stringent security protocols, such as PCI compliance, multi-factor authentication (MFA), and advanced data encryption, to safeguard payment data.

Processors

Nanonets

APRIL 29, 2024

Typically, credit card reconciliation begins with the collection of credit card statements from various sources, such as banks or financial institutions. Compliance and Audit Readiness: Credit card reconciliation software helps businesses maintain compliance with regulatory requirements and industry standards, such as PCI DSS.

Reconciliation

Nanonets

MARCH 30, 2023

The payment process using ACH transfers involves the payee creating a payment order which is received by the originator bank. The originator bank compiles all the POs and sends them to an ACH for processing. The ACH operator then approves and releases the PO amount to the recipient bank.

Automation

Fi911

APRIL 28, 2025

Payment gateways are an integral part of the digital economy, acting as the bridge between merchants and financial institutions to authorize online transactions. Compatibility issues with processors, banks, or evolving technologies created bottlenecks. Expansion often required extensive hardware upgrades, which delayed growth.

Payment Gateways