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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.

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JANUARY 31, 2024

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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APRIL 2, 2024

With many consumers opting for non-cash payment methods like contactless payments , businesses often have no choice but to accept credit card payments to attract and retain customers. Learn More What is Credit Card Surcharging? Carefully follow all legal and ethical requirements.

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APRIL 18, 2024

The parties involved in processing a credit card transaction: Cardholder: The individual or entity holding the credit card and initiating the transaction. Merchant: The business or entity selling goods or services and accepting credit card payments.

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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. That’s where a PayFac can step in.

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FEBRUARY 28, 2024

Even if the consensus is out that it’s okay for merchants to not incur costly transaction fees if accepting credit card payments, it can be difficult to understand how to collect surcharge fees from your customers and retain your customer base. How Does Surcharging Compare to Other Fee Management Strategies?

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MARCH 14, 2024

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. Most of these challenges can be addressed by choosing the right payment provider.

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