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Glossary: 117 software-led payments terms to know

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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. E2EE is a generic term to describe solutions that encrypt data from one endpoint to another endpoint.

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Payment Gateway vs Payment Processor: What You Need to Know

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TL;DR A payment processor is a provider that handles transactions between a buyer’s bank and a seller’s bank. A payment gateway is a technology that authorizes and processes payments between buyers and sellers by securely transmitting payment data. Q: When should I use a Payment Processor?

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The Ultimate Guide to Accepting Credit Card Payments

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This can be done through a variety of channels, which include but are not limited to: Point of sale (POS) terminals Mobile pos terminals Mobile card readers Mobile apps Online payment gateways These channels enable businesses to accept payments securely and conveniently, no matter where or how their customers choose to pay.

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Everything You Need to Know About Credit Card Processing

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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.

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What Is an ISO? Everything You Should Know about Independent Sales Organizations

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Becoming a registered ISO requires sponsorship from a bank and registration with card networks, plus meeting rigorous compliance, financial, and operational standards. When choosing an ISO, look beyond pricing—evaluate their technology stack, customer support, contract terms, industry expertise, and reputation.

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Credit Card Processing for Small Business: Everything You Need to Know

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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.

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All You Need to Know About Internet Credit Card Payment Processing

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Meanwhile, a payment gateway is the technology that authorizes and processes payments between a buyer and seller by securely transmitting payment data. Learn More Cater to a Large Set of Customers The online payments process allows your business to accept credit card payments in an easy yet efficient way.