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Glossary: 117 software-led payments terms to know

Payrix

Master merchant Payment facilitator that becomes the merchant of record on behalf of a network of smaller merchants (sub-merchants) or billing companies that regularly collect payments; key markets for master merchant networks include government, education, utilities, and nonprofit organizations. eCheck, PayPal, etc.)

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How to Choose Between EFT vs ACH: A Comprehensive Guide

Stax

For example, ACH transfers use the Automated Clearing House network, while debit card transactions rely on either a card network (Visa or Mastercard) or a payment processor (Paypal, Stripe, etc.). For example, PayPal charges 2.9% + a flat fee of the transaction amount, while Stripe has a standard fee of 2.9% + $0.30. per transaction.

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Usio: Leading the Future of Incentives and Rewards

USIO

Whether you’re looking to motivate gig workers, reward loyal customers, support community programs, or deliver government benefits—you need a fast, secure, and flexible payment experience. You’re operating on a single integrated platform , built for scale, compliance, and speed. That’s where Usio shines. No problem.

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Everything You Need to Know About Credit Card Processing

Stax

Fees include (but aren’t limited to) transaction fees, interchange rates, PCI compliance, and more. These are not banks, but rather governing bodies that set interchange rates, and arbitrate between acquiring and issuing banks. You also have to be mindful of the costs of credit card processing.

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The Ultimate Guide to Online Payment Processing

Stax

Popular digital wallet brands include Apple Pay, Google Pay, Samsung Wallet, PayPal Digital Wallet, and Venmo. The anonymity offered by cryptocurrencies is their main draw, but they are volatile due to constantly changing exchange rates and are subject to intense scrutiny by government regulatory institutions.

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Why Paper Checks Still Matter

USIO

Compliance Posture Annual SOC 2 Type II audits, PCI-level physical controls, plus HIPAA-ready processes for healthcare disbursements. Send to Venmo/Paypal And more! In 2025? ” Fortified Print Centers 24/7 surveillance—no unauthorized access to check stock or printed mail. Why choose Usio?

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Top 10 International Payment Gateways: An In-Depth Guide

FastSpring

If your payment gateway does not act as your MoR, then you’ll be on your own to: Calculate tax, add tax to the final amount, and pay those taxes to the local government. Risk management and compliance. PayPal is both a payment processor and a popular digital wallet (not a MoR). PayPal’s services include: QR code and POS systems.