PYMNTS

OCTOBER 30, 2020

Covering the cost of payments processing is an unavoidable expense, but many businesses can find themselves paying more than necessary. Negotiating favorable terms can be a time-intensive undertaking, but it plays a major role in determining businesses’ payments processing costs.

Processing Costs

Stax

AUGUST 29, 2024

The payment gateway connection will be responsible for transmitting your customer’s payment information between your own customer-facing platforms and your PSP and other relevant financial institutions. Basically, the difference between payment gateways and PSPs is the extent of tasks they complete.

Payment Service Provider (PSP)

Stax

DECEMBER 20, 2023

When you research payment solution providers , you’ll start hearing the term “interchange” used when talking about payments. Interchange fees help cover the risks associated with accepting electronic payments while ensuring your company has access to guaranteed payment when a customer makes a purchase.

Credit Cards

Stax

DECEMBER 6, 2024

Worldpay Today: An Independent Entity Now an independent entity once again, Worldpay continues to offer comprehensive payment processing services to businesses globally. The brand remains a key player in the industry, especially in a global capacity, processing billions of transactions annually across 146 countries.

Payment APIs and Integration

EBizCharge

OCTOBER 3, 2024

EBizCharge transforms the payment processing landscape with its all-in-one application that delivers a payment gateway, integrated credit card modules, payment collection tools, an eCommerce bridge, point-of-sale solutions, and a mobile app in one powerful suite.

Professional Development

EBizCharge

OCTOBER 3, 2024

EBizCharge, one of the largest and top-rated embedded payment software providers on the market, is thrilled to be named a 2024 Top Workplace in Orange County by the Orange County Register. This platform is also known for its robust suite of payment integrations into over 100 top accounting, ERP, CRM, and eCommerce platforms.

CRM

Stax

SEPTEMBER 12, 2024

Wireless payment terminals: These are quite similar to mobile terminals, with the exception that these terminals can operate without needing an additional mobile device for connectivity. Rather, it’s a software that utilizes an online payment gateway so that merchants can process payments via a computer or tablet.

Online and Mobile Banking

EBizCharge

MARCH 12, 2024

ACH/eChecks tend to accrue lower fees because they bypass credit card networks by using the ACH network, which applies batch processing to reduce individual transactions, resulting in lower administrative and processing costs for financial institutions. How do you accept payments on websites?

Credit Cards

Synapse Payment Systems

AUGUST 25, 2022

The good news is that it is possible to learn how to lower credit card processing fees. Negotiating lower transaction fees with your merchant account provider is all about being proactive and doing your research. Here’s what you should know about negotiating lower credit card processing fees.

Credit Cards

Stax

APRIL 18, 2024

Payment Gateway: A service provider that facilitates communication between the merchant’s POS system and the acquiring bank’s payment processing system. The steps to process a credit card transaction Step 1: Authorization Request The process initiates when a customer presents their credit card for payment.

Credit Cards

Stax

DECEMBER 20, 2023

However, the percentage markup rate does not give you a full picture of your processing costs. Effective rates The effective rate is what you want to look at to truly understand how much you are paying for your credit card processing. Researching and comparing different providers is crucial.

Credit Cards

Stax

MARCH 15, 2025

Whenever merchants process transactions using your payment processor services, you can generate revenue by marking up those processing costs. This can be done for one-time payments or for recurring payments. A payment gateway is what connects a customer to a merchant.

Enrollments

Stax

MAY 7, 2024

Processor markup These are fees charged by the payment processor, which is the company that manages and facilitates credit card transactions. This company accepts credit card payments and sends them to the payment network, either through an online payment gateway or a physical card reader.

Credit Cards

EBizCharge

NOVEMBER 12, 2024

Once approved, a merchant account is established, enabling the business to integrate various payment solutions, such as payment gateways for online, mobile, and in-person payments. The merchant service provider also uses the information gathered to determine transaction fees, setup fees, and other terms of service.

Online and Mobile Banking

Payment Savvy

JULY 3, 2024

According to a 2022 study by Research and Markets on U.S. Consumer Payment Choice, an impressive 85% of adults in the United States use them as a payment method. Once the card is swiped, tapped, or details entered, the merchant’s POS system or payment gateway captures the transaction details.

Debit Card

Nanonets

APRIL 16, 2023

Get Started Approval Process The best AP automation software runs an efficient approval process from approval prediction to multi-tier approval management. This helps a business take advantage of the early payment cycle and cuts processing costs.

Automation