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Free Credit Card Processing for Small Businesses: Too Good to Be True?

EBizCharge

Cash discounting: Prices reflect the cash payment amount and a higher price is applied for credit card transactions. So, while no-fee payment processing sounds great on paper, it’s more of a redirection of cost rather than the elimination of it. A hard cap on the fee—usually no more than 3% of the transaction amount.

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How to Stay Compliant with NACHA Requirements

EBizCharge

Ensuring compliance with NACHA requirements is crucial for financial institutions, as it guarantees the secure, efficient, and reliable handling of electronic payments. Through a robust risk management framework and stringent security rules, NACHA strengthens trust in the digital payment ecosystem. What is NACHA?

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The Ultimate Guide to Online Payment Processing

Stax

You must set up a cryptocurrency wallet to accept digital currency and also implement a medium for customers to provide their own wallet address and the payment amount they are sending. AI-based fraud detection combines the peculiarities of rule-based detection with its innate machine-learning ability.

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How False-Positives Complicate The B2B Payments Fraud Fight

PYMNTS

Among the largest threats in this area is redirect payment fraud, in which a bad actor infiltrates company emails or systems to change bank account details, payment amounts, and other key information to redirect B2B payments to a different account for personal gain.

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Data Dive, Pushing Forward, Pushing Back: Visa, Apple And PayPal

PYMNTS

Then there was the pushback of the week, care of PayPal, which is looking for better defined mobile wallet rules from the CFPB. Visa announced last week that global payment technology firm TransferWise is the latest partner tapping into its real-time push payments platform, Visa Direct. Did you blink and miss something?

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What Is Biller Genie? A Guide to Compliant Surcharging by Evolve Payment

Evolve Payment

Simply adding a fee to a card transaction is not a good idea as it falls outside of compliance with the rules set by the credit card industry. Notification: Businesses must notify their acquirer in line with card brand rules before initiating surcharging. Meanwhile, the ACH payment option denotes no additional charges.

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How SCA Exemptions Are Affecting European eTailers

PYMNTS

These exemptions could provide an essential buffer for merchants that are unaware of the rule or otherwise unprepared for the deadline. Merchants and the exemptions to the rule. Meeting SCA requirements and understanding exemptions has become critical for online merchants as the deadline approaches.

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