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How to Streamline Your SaaS Clients’ Merchant Underwriting Process—and Improve Adoption Rates

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Offering payment processing services is a move that makes sense for a lot of SaaS companies, particularly if your software helps your customers run their business. For example, if you have a project management app, then you can add payment features that allow people to use your software to take payments from their clients.

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How Adopting Mobile Payments Can Help Your Business Grow in 2024

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Fast forward to now where much has changed, and research anticipates contactless mobile payments to exceed one billion users globally by 2024. 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.

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Credit Card Processing for Small Business: 9 Tips for Accepting Payments Securely and Cost-Effectively

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By following these simple tips, you’ll be able to secure credit card processing rates that make big businesses jealous. Learn More TL;DR Not all credit card processing companies are created equal. Look for transparency in pricing, no hidden fees, and options that suit your specific business needs.

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Tap to Pay: What It Is and How It Works

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Since the first plastic credit card was issued by American Express in 1959 , payment tech progress has been growing exponentially. Magnetic stripe payments enjoyed a 30-year reign between the ’70s and ’90s. Contactless payments became a must-have during COVID. NFC technology is in the midst of an evolution.

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EMV Chip Cards: What You Need to Know About PIN or Signature Cards and How They Work

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Yet, while time has provided customers and businesses with more education on the security benefits of EMV card chips, many businesses and consumers are still confused about key components. The chip does not affect the price of processing payments. Apple Pay, Google Pay), and transit systems for fare payment.

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Visa Interchange Rates 2024: What You Need to Know

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If your company accepts credit card payments ( which it should ), chances are, you’re going to be affected by Visa’s interchange rates. Visa is one of the biggest payment networks in the world, with ~4.2B So it’s virtually impossible for a business to not accept Visa cards. cards currently in use.

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How to Implement Self Checkout for Small Business

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These mobile self-checkout terminals allow customers to scan items one by one as they navigate the store, then proceed to a cash register to finalize the payment. App-based scanning and payment. Some retailers have mobile apps that convert smartphones into scanners and payment portals. RFID readers. Compatibility. Scalability.