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MARCH 15, 2024

Data protection and security are crucial not just for safeguarding customer information, but for protecting business owners as well. Having and maintaining secure payment systems is integral for protecting yourself and your customers. Enter secure payment systems (SPS). What Are Secure Payment Systems?

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APRIL 11, 2024

TL;DR Payment Management Systems manage payment processing so you can accept payments, send invoices, track transactions, and view financial data. Government agencies have a payment management system to manage grant award payments, making the search for payment management system information more complicated.

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MARCH 6, 2024

For businesses offering subscriptions, memberships, retainers, and other recurring services, recurring billing is a powerful solution to streamline processes and ultimately enhance revenue generation. Consider this: Consumers are already conditioned to the subscription model. Learn More What is Recurring Billing?

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DECEMBER 4, 2023

The US, therefore, requires financial institutions as well as financial services firms to have anti-money laundering (or AML) compliance programs in place. In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). Non-compliance can have major implications.

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DECEMBER 6, 2023

Credit card surcharging is subject to regulations and compliance requirements that vary by region and country. Now ubiquitous, credit cards provide consumers with a quick and secure payment method, often with rewards and other perks. Learn More What is Credit Card Surcharging? Learn More What is Credit Card Surcharging?

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JANUARY 31, 2024

Compliance and Regulation: Changes in regulations or compliance requirements can also influence interchange rates. Audit your data security measures. Secure payment processing methods can result in reduced fees, as the card networks offer reduced fees on transactions they deem less risky. in-person, online).

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FEBRUARY 5, 2024

Several types include credit card, fuel, service, payment processing, peak-time, environmental, regulatory, and minimum usage surcharges. Cost recovery, industry standards, regulatory compliance, and consumer sensitivity are key factors to consider when calculating surcharges. Regulatory Compliance. Environmental surcharge.

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