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Merchant Underwriting: What It Is, How It Works, and Why It’s Important

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The merchant underwriting process is a critical step that payment processors and financial institutions use to assess the risk associated with onboarding new businesses. Key steps include application review, risk assessment, credit checks, and compliance verification. Learn More What is Merchant Account Underwriting?

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Payment Gateway vs Payment Processor: What You Need to Know

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Industry data shows that 70% of consumers say the availability of their preferred payment method is very or extremely influential when choosing an online store. A payment processor and payment gateway are both crucial components in transactions, as they enable the various ways that shoppers want to pay.

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The Ultimate Guide to Accepting Credit Card Payments

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Credit cards are a staple in the wallets of consumers today, and they will undoubtedly be a payment method of choice for years to come, particularly as the adoption of mobile and contactless payments continues to grow. In fact, ResearchAndMarkets.com forecasts the global credit card payment market to grow to $762.16

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The Price of Convenience: Is There Such a Thing as Free Credit Card Processing?

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In a consumer landscape where convenience is always a priority, credit card processing has become an essential mechanism for businesses to accept payments seamlessly. Traditionally, merchants would shoulder these costs in the form of credit card processing fees.

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Stripe vs. PayPal: Which Payment Platform is More Valuable For Your Business?

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Your payment processor may be an important element of your business. However, with so many of these payment platforms on the market, how are you supposed to choose? If you’re searching for one of these platforms, what qualities are important to you? Based on the user, PayPal may also offer PayPal Credit or Venmo.

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Using SubscriptionFlow Integration to Master SaaS Payment Processing

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The SaaS industry has been growing at a phenomenal rate for quite some time now, prompting many businesses to now think of ways in which they need to invest in efficient ways of running their business in the SaaS world. In doing so, SaaS businesses of all sizes face common payment processing SaaS challenges.

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Can You Decrease Credit Card Interchange Fees?

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They significantly impact the cost of accepting card payments. 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. The short answer is no.