Fintech Finance

AUGUST 5, 2024

Additionally, Akurateco facilitated TESS Payments’ obtaining the Payment Card Industry Data Security Standard (PCI DSS) certification, further cementing their commitment to maintaining high-security standards. These allow Akurateco’s clients to optimize payment processing costs and improve transaction approval ratios.

PCI DSS

Clearly Payments

FEBRUARY 7, 2024

Payment Processing Costs Payment processing costs encompass various fees and expenses associated with processing transactions, including interchange fees, processing fees, and chargeback fees. Monitoring payment processing costs is essential for managing expenses and optimizing profitability.

Process

Clearly Payments

JANUARY 16, 2024

Merchants should stay informed about any regulatory changes within their region and actively participate in industry discussions or advocacy groups to influence policies that may impact their costs. Meeting the required security standards can sometimes result in lower fees, as it demonstrates a commitment to protecting cardholder data.

PCI DSS

Stax

AUGUST 29, 2024

Compliance and security Your PSP is responsible for ensuring that sensitive customer financial data is securely encrypted and stored according to the standards and regulations of the industry, such as PCI DSS (Payment Card Industry Data Security Standard).

Payment Service Provider (PSP)

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 can I accept digital payments?

Credit Cards

Clearly Payments

JULY 11, 2024

PCI Compliance Fees: Fees for maintaining compliance with Payment Card Industry Data Security Standards (PCI DSS). Batch Fees: Charges for processing a batch of transactions at the end of the day. These hidden fees can quickly accumulate, significantly increasing the overall cost of payment processing for merchants.

Process

Stax

FEBRUARY 15, 2024

In the ISO model, an ISV partners with a third party that handles merchant account setup, payment processing, risk, and compliance. The ISV has little control over the end user’s payment experience or the processing costs. The ISV has little control over the end user’s payment experience or the processing costs.

ISVS

Payment Savvy

JULY 3, 2024

PCI DSS Compliance This is the cornerstone of debit card security. The Payment Card Industry Data Security Standard (PCI DSS) outlines a set of comprehensive security requirements for merchants and payment processors. Faster transaction processing can improve your cash flow and financial management.

Debit Card

EBizCharge

MAY 20, 2024

The saved card feature follows Payment Card Industry Data Security Standards (PCI DSS) to ensure data security while offering a convenient option for customers who prefer to use the same payment method for recurring transactions. What support options are available for NetSuite payment processing?

Process

Stax

MARCH 14, 2024

This post offers a primer on B2B payments to help you understand which methods and solutions work best for you and how to implement them. On the merchant side, B2B cards come with lower processing rates if you qualify for level 2 and level 3 card processing. Read the section B2B processing costs below to learn more.)

B2B

Segpay

MARCH 10, 2025

A gaming payment gateway encrypts financial data, prevents fraud, and ensures compliance with security standards like PCI DSS, giving users peace of mind while making deposits and withdrawals. Solution with Segpay: Built-In Compliance Tools Segpay is a fully PCI DSS Level 1-compliant payment processor, ensuring secure transactions.

Payment Gateways

EBizCharge

AUGUST 30, 2024

Similarly, the size of your business and the volume of credit card transactions you process can influence merchant service providers to offer volume discounts or more favorable terms, lowering overall processing costs. However, there are ways they can avoid some of those costs. appeared first on EBizCharge.

Credit Cards

EBizCharge

MAY 2, 2024

Adopting a cash discount program where posted prices have the credit card processing fee built-in, and those paying by cash receive a discount. This approach helps simplify merchants’ cost structures and can be advantageous if customers are comfortable with the pricing strategy.

Credit Cards

Evolve Payment

NOVEMBER 21, 2022

Payment Card Industry (PCI) Compliance PCI compliance, also known as the Payment Card Industry Data Security Standard, or PCI-DSS for short, is a standard that the major credit card brands established to protect the industry from hacks, breaches, and exposed customer data. Is your business PCI compliant?

Process

Segpay

MARCH 6, 2025

Key factors to consider include: Transaction Fees: Compare processing costs, including per-transaction fees and potential hidden charges, to ensure profitability. Setting Up Billing Cycles A well-defined billing schedule ensures payments are processed at the correct intervals, whether monthly, quarterly, or annually.

Process

EBizCharge

JUNE 28, 2024

Credit card networks impose a cap on surcharges, typically restricting them to no more than the merchant’s cost to process credit card transactions or up to 3%, whichever is lower. Consequently, merchants cannot profit from these fees; their purpose is solely to cover processing costs. appeared first on EBizCharge.

Credit Cards

EBizCharge

JUNE 6, 2025

Security and PCI compliance: Ensure the gateway is compliant with Payment Card Industry Data Security Standards (PCI DSS) and offers comprehensive security features, such as encryption, tokenization, and fraud prevention tools. The post EBizCharge: A Comprehensive GunBroker Payment Gateway appeared first on EBizCharge.

Payment Gateways

EBizCharge

MAY 13, 2024

Business owners and finance teams can use this data to make informed decisions, such as identifying trends in payment behavior and developing targeted strategies to address outstanding payments or to enhance the payment collection process. Cost savings: Shifting to an automated system can lead to substantial cost savings.

Automation

Payment Savvy

JULY 12, 2024

PSPs like My Payment Savvy (MPS) prioritize data security through technologies like tokenization and compliance with PCI DSS (Payment Card Industry Data Security Standard) Level 1. While not entirely free, MPS provides affordable options, significantly reducing payment processing costs. Excellent customer support.

Debit Card

EBizCharge

MAY 14, 2024

This flexibility enables businesses to scale their billing operations seamlessly and cost-effectively, ensuring they can continue to meet the needs of their growing customer base without experiencing bottlenecks or disruptions in their billing processes. The post How Do You Set Up Automated Billing?

Automation

Segpay

FEBRUARY 28, 2024

Key Takeaways √ Hidden charges in payment processing can dig into and erode your bottom line. Merchants can implement several best practices to avoid surprise processing costs. 5 minute read Hidden charges in payment processing can seriously impact any merchant’s bottom-line revenues.

IRS

Fi911

FEBRUARY 12, 2025

Implementing this strategy effectively means the merchant is most likely to finalize transactions at the lowest possible processing cost. Compliance with industry norms like PCI DSS standards, having robust fraud detection algorithms, and a merchant’s choice of PSPs enhances the security level.

PCI DSS