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How Adopting Mobile Payments Can Help Your Business Grow in 2024

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You’re making a purchase at a retail store, and the cash register is large, clunky, and painfully slow, even for 2004. Fast forward to now where much has changed, and research anticipates contactless mobile payments to exceed one billion users globally by 2024. Why Is Adding Mobile Payments Important to Businesses Today?

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Transforming Payment Processing: Paystack Nigeria and Subscription Flow

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Established in the year 2015 because of Shola Akinlade as well as Ezra Olubi, Paystack Nigeria revolutionized the financial technology industry in the nation. In section 3, we will look at some of the key reasons why you should go for Paystack Nigeria as your payment gateway in a world full of other payment gateways.

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No Fee Payment Processing: Everything You Need to Know

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This figure used to be 24% in 2015 which makes it evidently clear that card usage is on the rise. This may be concerning for certain types of businesses as they need to spend more to process credit and debit card payments as compared to cash. It’s one of the many ways that businesses can reduce the cost of processing card payments.

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EMV Chip Cards: What You Need to Know About PIN or Signature Cards and How They Work

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EMV (Europay, Mastercard, and Visa) chip card use has continued to expand in use since its tumultuous rollout in 2015. The chip does not affect the price of processing payments. You will still be subject to the costs of debit vs. credit payments, etc. So what is the difference between these two EMV chip card payment formats ?

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Tap to Pay: What It Is and How It Works

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Since the first plastic credit card was issued by American Express in 1959 , payment tech progress has been growing exponentially. Magnetic stripe payments enjoyed a 30-year reign between the ’70s and ’90s. Contactless payments became a must-have during COVID. NFC technology is in the midst of an evolution.

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What Is a Credit Card Surcharge?

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Credit cards remain a favored way of making payments among customers. Purchase volumes through credit cards jumped 51% between 2015 and 2021. Simply put, a surcharge amount is an extra fee that some merchants choose to levy on customers to cover the costs of processing credit card payments. The rate varies between 1.3

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What Is a Credit Card Surcharge?

Stax

Credit cards remain a favored way of making payments among customers. Purchase volumes through credit cards jumped 51% between 2015 and 2021. Simply put, a surcharge amount is an extra fee that some merchants choose to levy on customers to cover the costs of processing credit card payments. The rate varies between 1.3