Payrix

FEBRUARY 4, 2025

Payment facilitator (PayFac) A merchant registered by an acquirer to facilitate transactions on behalf of sub-merchants. They provide the infrastructure necessary for their merchants to accept credit card payments. eCheck, PayPal, etc.) Digital Wallet A digital wallet refers to an electronic device (e.g.,

Payment Services 147

Payment Services Merchant Services Payment Solutions Payment Methods 147

Stax

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. Q: What is a mobile credit card processor?

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88

Stax

NOVEMBER 14, 2024

Payment Processor: The credit card processing company handles the processing and batching of purchases made with credit, debit, or gift card payments. They typically assist with technology needs and customer service as well, acting as an intermediary to the card associations and banks.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

MAY 7, 2024

Learn More Understanding Credit Card Processing Fees Credit card processing refers to the transactional processes involved in securing a credit card transfer between a buyer and a seller. To complete payment processing, credit card companies have to charge processing fees.

Merchant Services 88

Merchant Services Payment Services Payment Methods Accept Credit Card Payments 88

Stax

MARCH 14, 2024

Business to business payments, therefore, refer to the payment processes and activities between two businesses. Just about every business and consumer will prefer to pay with a credit card, but for the business accepting the payment, there are going to be transaction fees involved.

Payment Services 88

Payment Services Merchant Services Payment Methods Payments 88

Payrix

FEBRUARY 4, 2025

Payment facilitator (PayFac) A merchant registered by an acquirer to facilitate transactions on behalf of sub-merchants. They provide the infrastructure necessary for their merchants to accept credit card payments. eCheck, PayPal, etc.) Digital wallet A digital wallet refers to an electronic device (e.g.,

Payment Services 100

Payment Services Merchant Services Payment Solutions Payment Methods 100