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NOVEMBER 21, 2024

Whether you are starting a new online store or looking to grow your existing brick-and-mortar small business, you must make provisions for accepting credit card payments. We have also put together a list of the top three best credit card processing platforms for small businesses.

Payment Services

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MARCH 11, 2025

There are six main payment methods used in online payments, including credit & debit cards, digital wallets, ACH & bank transfers, direct debit, Buy Now, Pay Later (BNPL) services, and cryptocurrencies.

Payment Methods

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MARCH 5, 2025

To accept online payments, you need a payment processor and payment gateway. The payment processor is a financial institution that handles transactions between the two banks. Think of the gateway as the online equivalent of a card reader or point of sale (POS) system in a brick-and-mortar store.

Payment Services

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APRIL 18, 2024

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.

Payment Services

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APRIL 18, 2024

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.

Merchant Services

Baremetrics

APRIL 1, 2021

A payment service provider like Stripe is basically a third-party who will take payments on behalf of your business, charging transaction and processing fees accordingly, and then later transfer the money into your business' bank accounts. per online payment 2.7% per online payment 2.7% Stripe Fees 2.9%

Payment Methods

Payrix

FEBRUARY 4, 2025

Association Group of card-issuing banks or organizations that set common transaction terms for merchants, issuers, and acquirers. Card acceptor business code A four-digit numerical representation of the type of business in which the card acceptor (merchant) engages. Visa, Mastercard, American Express, etc.).

Payment Services

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DECEMBER 20, 2023

Optimize your credit card processing speeds Slow transactions are, at best, an annoyance to customers, and at worst, result in lost sales, especially online. In order to improve processing speeds, you should make sure your POS equipment is up-to-date and that your internet connection is both stable and fast.

Payment Services

FastSpring

JANUARY 9, 2023

For example, the Reserve Bank of India limits automatic recurring payments to ₹15,000 INR. Verifone functionalities include: Integrated POS. Crypto payment processing. Square is a popular point-of-sale solution for companies of all sizes. Banking (including merchant accounts, savings accounts, and loans).

Payment Methods

Baremetrics

MARCH 23, 2021

1 Overview 2 Features Plans Point of Sale International Support Tools for Developers 3 Pricing PayPal’s Basic Fees Stripe’s Base Fees Stripe Billing 4 Usability 5 Customer Service & Technical Support 6 Final Word All the data your startup needs. Based on the user, PayPal may also offer PayPal Credit or Venmo.

Payment Methods

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MAY 7, 2024

Also referred to as swipe fees, these are simply fees that the merchant pays to the credit card company or credit card service providers to accept the payment. Credit card merchant fees are split between multiple key players- merchants, credit card networks, banks, and processors.

Merchant Services

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JANUARY 24, 2024

In this article, we’ll explore what a credit card surcharge is and why it should matter to small business owners. TL;DR A credit card surcharge is an additional fee tacked on to the purchase amount when a customer pays via a credit card. What Is a Credit Card Surcharge?

Merchant Services

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JANUARY 24, 2024

In this article, we’ll explore what a credit card surcharge is and why it should matter to small business owners. TL;DR A credit card surcharge is an additional fee tacked on to the purchase amount when a customer pays via a credit card. Learn More What Is a Credit Card Surcharge?

Merchant Services

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JANUARY 22, 2024

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.

Payment Services

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MARCH 14, 2024

These longer payment cycles have historically lent themself to slow payment processes, like checks, that are no longer common for B2C transactions Due to the complexity of most B2B transactions, there’s often more documentation required for the payment, such as contracts. What are the Most Common B2B Payment Methods?

Payment Services

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NOVEMBER 15, 2023

TL;DR Credit card interchange fees are the fees that merchants pay to banks and credit card companies every time they accept credit cards. These fees help cover the costs of processing the payment and maintaining the card network. Learn More What are credit card interchange fees?

Payment Services

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SEPTEMBER 17, 2024

Legal Repercussions If a credit card data security breach occurs and the business is found to have used a non-PCI certified provider, they may face class action lawsuits from affected customers, banks, and credit card companies.

Payment Services

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FEBRUARY 28, 2024

Passing credit card fees onto customers has been hotly debated , but most of the country has agreed: Credit card surcharge should be available to merchants. Point of sale terminals are reprogrammed (or pre-programmed) to add the appropriate fee without manual input from merchants.

Merchant Services

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APRIL 4, 2024

Credit cards are incredibly popular, and it’s easy to see why: they’re convenient and accepted nearly everywhere. According to Forbes , 32% of consumers use it as their primary payment method. A credit card surcharge is also one such fee that is added during the final point of sale.

Merchant Services

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JANUARY 21, 2025

A payment gateway is a tool that allows merchants to authenticate and receive payments from their customers electronically. Its a digital evolution of the conventional point-of-sale (POS) terminal. A physical POS terminal requires customers to insert, swipe, or tap their cards on the machine.

Payment Methods

Natalia Luneva

MAY 12, 2025

This means each business doesn’t need to set up its own account with banks or card networks. It makes it easy and fast for them to start taking payments. They give merchants a quick way to start accepting payments without dealing with the usual banking hassles.

Merchant Services