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

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According to Forbes , “mobile payments are increasingly being used by U.S. shoppers as customers become more comfortable with the technology.” Not only are there a number of ways your customers could be using their mobile devices to give payments, but you as a business owner could be leveraging mobile devices to accept them as well.

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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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Payment Facilitator vs Payment Gateway: Key Differences and Similarities

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In every eCommerce transaction, payment processing acts as the invisible force that enables transactions to occur seamlessly across the globe. At its core, payment processing involves various players and technologies to facilitate the movement of funds from customers to merchants securely and efficiently.

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How to Successfully Implement a Credit Card Surcharge Program In Your Business

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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. Still confused on how to best insure compliance with all requirements?

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

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Thinking of Accepting Crypto Payments as a Business? Here’s How 6 Major Companies Are Doing It.

BitPay

Vueling Vueling is one Europe’s first airlines to accept cryptocurrency payments. The low-cost airline will leverage UATP's technology , the global payment network for the airline industry, to allow passengers to pay with crypto. Companies can start accepting crypto payments in less than a week.

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Can You Decrease Credit Card Interchange Fees?

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Understanding interchange fees enables merchants to effectively manage processing costs, negotiate better rates, make informed decisions about card acceptance, and ensure compliance with payment industry standards. These fees help cover the costs of processing the payment and maintaining the card network.