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Recurring Payments: Definition and Implementation Best Practices

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That’s why businesses are constantly seeking innovative ways to streamline operations and enhance customer experiences. We can see this trend in action in the realm of payment processing with the advent of recurring payments, also known as automatic payments. Learn More What are Recurring Billing and Payments?

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Payment Security: Everything You Need to Know About Secure Payments

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So, let’s dive into payment security, touching on the basics of what you need to know to ensure secure payments. TL;DR The PCI DSS determines security protocols and sets the standards for payment security. of the global population using this method of payment in 2022.

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Recurring Billing: Definition, How it Works, and Best Practices

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As the business landscape continues its unstoppable evolution, the necessity for operational efficiency and innovation becomes even more pronounced. Consider this: Consumers are already conditioned to the subscription model. Almost everyone — 98% of consumers —has a streaming service subscription.

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What is B2B Payments Processing and How Do You Implement It?

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Business to business payments, therefore, refer to the payment processes and activities between two businesses. An invoice would be sent, and it would need to be paid within an agreed timeframe. But the nature of such services could mean that monthly invoices are always different and plan terms are regularly changed.

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Is Quickbooks Desktop Being Phased Out?

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TL;DR Intuit has announced the discontinuation of QuickBooks Desktop 2021 by May 31, 2024, and will stop selling certain subscriptions of QuickBooks Desktop after July 31, 2024. Intuit also announced plans to stop selling several QuickBooks Desktop subscriptions to new U.S. subscribers after July 31, 2024. Not necessarily.

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How to Find the Right Credit Card Terminal for Your Business

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Level Up Your Terminal with Stax Card Readers What is a Credit Card Terminal? They can also take contactless payments from mobile wallets. These are referred to as “card-present” transactions, which basically just means the cardholder and credit card is physically present at the time of sale.

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What is a Surcharge Fee? How it Helps Consumers and Businesses

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Now ubiquitous, credit cards provide consumers with a quick and secure payment method, often with rewards and other perks. Credit card surcharge fees refer to the practice of adding an additional charge at checkout when a customer pays with a credit card.