Basis Theory

OCTOBER 1, 2024

Today, the framework introduced in the early 2000s outlines 12 PCI requirements that merchants must satisfy to process credit card transactions on the card networks. Nearly 20 years later, with more than 300 requirements and sub-requirements, PCI DSS continues evolving. Don't, however, let the term "merchants" fool you.

PCI DSS 88

PCI DSS Encryption Compliance Assessments 88

Stax

NOVEMBER 11, 2024

When you’re selling products or services that cost thousands of dollars, you end up paying hundreds of dollars in credit card fees. Using ACH payments reduces your processing costs to a fraction of what you’d typically pay when a client uses a credit card. Another significant NACHA rule is the requirement for authorization.

ACH 88

ACH Checks Identity Theft Payments 88

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 40

Payment Gateways Gateways Payment Solutions Payment APIs and Integration 40

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.

Credit Cards 52

Credit Cards Processors Process Card Issuer 52

EBizCharge

JUNE 28, 2024

Credit card (CC) surcharges are subject to different rules than those for debit cards. Consequently, merchants cannot profit from these fees; their purpose is solely to cover processing costs. Use secure payment gateways and adhere to Payment Card Industry Data Security Standard (PCI DSS) guidelines.

Credit Cards 52

Credit Cards Legal Debit Card Best Practices 52

EBizCharge

MAY 2, 2024

Methods such as passing the cost to customers as a credit card surcharge or implementing a cash discount system are standard. While free credit card processing for businesses may sound appealing, it’s imperative to ensure compliance with payment network rules and local laws and to evaluate how it may affect customer experience.

Credit Cards 52

Credit Cards Process Processors Legal 52

Stax

MAY 7, 2024

PCI-compliance fees – Businesses running credit card transactions must be compliant with the Payment Card Industry Data Security Standard (PCI DSS). This regulation is managed by the Payment Card Industry Security Standards Council (PCI SSC) and is meant to protect the cardholder’s data. For example, 2.1% + $0.10

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88

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 52

Automation Disputes Payments Process 52

EBizCharge

MAY 14, 2024

Improved accuracy Automated billing software is programmed to follow predefined rules and procedures consistently, minimizing the risk of human error inherent in manual billing processes. You can also use automation rules to trigger invoice creation upon fulfilling certain criteria, like the conclusion of a billing cycle.

Automation 52

Automation Payment APIs and Integration Best Practices Online and Mobile Banking 52

Nanonets

AUGUST 21, 2023

Cost savings A recent report revealed that almost 92% of businesses use checks for payments. With the median processing cost between $2.01 and $4 , processing each check manually can be very expensive for companies.  Each partner may have their own system and set of rules for recording transactions.

B2B 52

B2B Automation Payment APIs and Integration Payments 52

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 52

IRS Processors Push-to-Card Non-Bank 52

Fi911

FEBRUARY 12, 2025

Implementing this strategy effectively means the merchant is most likely to finalize transactions at the lowest possible processing cost. How Payment Routing Works The payment’s pathway is determined by established rules and available processors.

PCI DSS 66

PCI DSS Payments Processors Gateways 66