EBizCharge

APRIL 24, 2025

These capabilities create a smoother, more professional experience that builds trust and encourages prompt payments. Centralized financial and customer data: An integrated payment gateway can store payment data alongside customer records in Salesforce.

Payment Gateways

EBizCharge

NOVEMBER 27, 2024

This number helps payment processors and banks identify the merchant and track payments accurately. Payment processor: The payment processor ensures that the payment data is transmitted securely between the merchant, customer, and issuing bank, enabling real-time approvals or rejections.

Accounts

Stax

SEPTEMBER 17, 2024

TL;DR PCI compliance is essential because it helps prevent data breaches, ultimately cultivating customer trust. When consumers have faith in your business and capabilities to protect their data, they’re more likely to shop with you. There are 12 requirements under PCI DSS, divided into six major categories.

Credit Cards

Clearly Payments

FEBRUARY 23, 2024

Monitoring this metric is essential for evaluating the cost-effectiveness of using a particular payment processor. Settlement Time : The time it takes for funds from processed transactions to be settled and deposited into the merchant’s account.

Processors

Stax

APRIL 30, 2024

Digital invoicing and payment collection links to simplify smartphone payments. Easy switch between POS and mobile payments using the Stax app. Highest level of PCI security compliance that keeps payment data secure. Not complying with the PCI can attract a fine of up to $500,000 per incident.

Process

Stax

MARCH 6, 2024

The role of payment gateways in recurring billing Payment gateways play a crucial role in the recurring billing process by securely processing and managing the transactions between customers and businesses. These standards ensure that customer payment information is handled securely and that transactions meet legal requirements.

Best Practices

Segpay

FEBRUARY 24, 2025

Analogy: Imagine it as the secure tunnel connecting your store’s checkout page to the payment processor. Key Functions of a Payment Gateway: Encrypts and securely transmits payment data. Communicates with the issuing bank and payment processor. What is a Payment Processor? Hence the name Gateway.

Payment Gateways

Stax

AUGUST 29, 2024

Step 3: Authorization, settlement, and reconciliation The payment gateway software will now send your customer’s payment information to your PSP to verify, authorize, and settle the transaction. The provider must follow all industry security best practices including top-level encryption protocols and access controls.

Payment Service Provider (PSP)

Evolve Payment

MARCH 21, 2024

Table of Contents The Foreign Language of Merchant Services Ever feel like the payment processing industry speaks a language that only accountants understand? Between the alphabet soup of acronyms (PCI? You’re not alone. Don’t get us started!), What is merchant processing?

Process

EBizCharge

APRIL 26, 2024

These regulations include the Payment Card Industry Data Security Standard (PCI DSS) and the Generally Accepted Accounting Principles (GAAP). Accelerate invoice delivery: Sending invoices to customers at an accelerated pace can expedite the payment cycle, ensuring customers receive bills quickly.

Accounts

Ikajo

NOVEMBER 2, 2023

As a payment business dealing with card transactions processing, you’re subject to PCI DSS certification. Partner and integrate with banks, payment providers, gateways, systems, processors, and other solutions to make your offering competitive. How do payment processors turn a profit?

Process

EBizCharge

MAY 13, 2024

By replacing manual data entry and paper-based processes with automated systems, businesses achieve faster processing times and reduced account settlement cycles. Automate your records After successful payment processing, it’s essential to ensure all transactions are recorded accurately in your financial system.

Automation