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Glossary: 117 software-led payments terms to know

Payrix

This blog post is your ultimate guide to understanding the most used payments terms today. Terms related to card acceptance Acceptance marks Signifies which payment brands are accepted at a merchant location and provides the cardholder with information on where his or her card can be used. Youve come to the right place.

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Payment processor: Definition, types, and examples

Payrix

Many technologies and services are involved from POS terminals to card networks to payment gateways so its essential that the payment processor can work closely with them to help authorize and settle every transaction as securely, efficiently, and quickly as possible and stay in compliance with regulations and industry standards.

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Understanding the Nature of Payment Gateway Integration For Your Mobile App

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A bad payment experience can lose customers and damage your brand. Thats why its so important to get the mobile experience right, particularly regarding payments. As with eCommerce and traditional payment systems, mobile commerce requires onlinepayment gateways. Other features are unique.

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Payment Gateway vs Payment Processor: What You Need to Know

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Card network – These are the credit card brands you’re familiar with, such as Visa, American Express, or Mastercard. Now that we’ve gone over these terms, let’s first dive into payment processors. What Is a Payment Processor?

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Everything You Need to Know About Credit Card Processing

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This means you’ll be able to accept chip cards as well as contactless payment methods like contactless cards and digital wallets like Google Pay or Apple Pay. Mobile Payment Solutions Perfect for the on-the-go business owner, mobile payment technology can be a game-changer for your business.

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Credit Card Payment Integration: How to Integrate Payments into Your Website and Point of Sale

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Since API solutions allow for direct payments, the transactions are typically faster than hosted gateways. Direct API integrated solutions are more suitable for SaaS companies that want seamless, branded checkout flow with advanced customization. Mobile POS (mPOS) device customers need wireless readers for mobile payments.

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The Ultimate Guide to Accepting Credit Card Payments

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Credit card associations This is the card network or card brand that powers the credit card for the cardholder. Payment processor This refers to the credit card processing company that connects the merchant, card associations, and issuing banks to facilitate payments. Think: Visa, Mastercard, American Express, and Discover.