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What is an Online Terminal and Why Do Merchants Need One?

Stax

Online payment systems are the standard. Online terminals (sometimes referred to as virtual terminals) power various types of transactions, including eCommerce and payments made over the phone. They act as a bridge between traditional payment processing and online payment possibilities.

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Distinguishing Dynamics: Navigating the Realm of Merchant of Record vs Seller of Record

Subscription Flow

The MoR takes on financial and legal responsibilities as the designated entity for payment handling , guaranteeing regulatory compliance and reducing risks for the selling entity. Also Read: How to Choose Between a Payment Facilitator (PayFac) and a Merchant of Record (MoR) for Your Business What is the Seller of Record (SoR)?

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Revolutionizing the Hospitality Industry with Technology Implementation

Valerian Tech

Increasing Efficiency and Streamlining Operations Efficiency is vital in managing the complex operations of a hospitality business. Technology integration enables automation and streamlines processes, leading to increased efficiency. Book a free consult today.