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Mobile Credit Card Processing Explained: What Business Owners Need to Know

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What is mobile credit card processing? Mobile credit card processing refers to the capability of accepting credit card payments using a mobile device equipped with a card reader and specialized software. Popular mobile payment solutions include Square, PayPal Here, and Shopify POS.

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Visa Interchange Rates 2024: What You Need to Know

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If your company accepts credit card payments ( which it should ), chances are, you’re going to be affected by Visa’s interchange rates. Visa is one of the biggest payment networks in the world, with ~4.2B cards currently in use. So it’s virtually impossible for a business to not accept Visa cards.

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Understanding Credit Card Processing Fees for Merchants: How Much Does Processing Credit Cards Cost?

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TL;DR Credit card processing is a complex process that involves several parties in addition to the merchant and consumer – and quite a few steps more than a simple swipe, tap, or dip. Typically, the merchant’s payment processing software will build the credit card processing rates into their fee.

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Payment Facilitator vs Payment Gateway: Key Differences and Similarities

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At its core, payment processing involves various players and technologies to facilitate the movement of funds from customers to merchants securely and efficiently. Digital payments only take a few seconds, but they flow through many different layers of partners and technology.

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What Is a Credit Card Surcharge?

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Once you have ensured that surcharges are permissible by law in your state, you must meet card brand guidelines for compliance. It is also important to inform your customers—both in-store and online—about credit card surcharges on any purchases they might make. What Is a Credit Card Surcharge?

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What Is a Credit Card Surcharge?

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Once you have ensured that surcharges are permissible by law in your state, you must meet card brand guidelines for compliance. It is also important to inform your customers—both in-store and online—about credit card surcharges on any purchases they might make. Learn More What Is a Credit Card Surcharge?

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What is B2B Payments Processing and How Do You Implement It?

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B2B payments are vulnerable to fraud, particularly when involving large sums of money and manual processes like checks. Cross-border B2B payments can be complicated due to currency conversions, regulatory compliance, and varying banking systems. What are the Most Common B2B Payment Methods?