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Payment Gateway vs Payment Processor: What You Need to Know

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In this article, we’ll take a look at everything you need to know about these entities, including the differences between the two, how they can work together, and how to make sure you have the right credit card processing solution for your small business. That being said, they serve distinct roles in facilitating payments.

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How to Choose Between EFT vs ACH: A Comprehensive Guide

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In this article, well help you do just that. Clients only need to swipe a card at your point-of-sale (POS) terminal or enter their bank account number into your website (Initiation). For example, PayPal charges 2.9% + a flat fee of the transaction amount, while Stripe has a standard fee of 2.9% + $0.30.

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8 Top Stripe Alternatives: In-Depth 2023 Guide

FastSpring

PayPal for Business: Available on Major eCommerce Platforms. They previously experimented with platforms like Stripe and PayPal. With FastSpring, you’ll be supported by multiple payment processors that specialize in global transactions and accept the most common payment methods around the world — including PayPal and Amazon Pay.

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How Adopting Mobile Payments Can Help Your Business Grow in 2024

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Customers can pay with their watch or phone just by tapping it on a card reader, and businesses can host an entire POS system on a mobile phone. Thanks to these modern payment solutions, credit card, and debit card users can now complete their purchases without swiping or inserting their cards at the point of sale (POS) terminals.

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Everything You Need to Know About Credit Card Processing

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This article on the best credit card processing companies providing payment processing services will help you reach a better understanding of credit card processing. Step 2: The credit card is swiped, dipped, or tapped at a POS system or a credit card reader, where the card gets recognized for charging. Step 3: The card is authorized.

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Tap to Pay: What It Is and How It Works

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In this article, we’ll dive deeper into the tap-to-pay movement, where it is now, where it’s going, and how businesses can implement tap-to-pay for smooth, future-proof card transactions. NFC even enables smart packaging to provide customers with product and usage information at the point of sale.

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Everything You Need To Know about Merchant Processing and How To Choose the Right Solution for Your Needs

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In this article, we’ll learn about the different types of merchant processing and how they work, and also look at a list of the top merchant processing companies. Many POS systems are also equipped with software that helps with other business processes like inventory and staff management, in addition to payment processing.