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The 7 Best Mobile POS Systems for Small Businesses in 2024

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Around since the 2000s, mPOS systems have come a long way from their origin as a glitchy solution used primarily by micro-businesses to process payments. In fact, mPOS systems are gradually gaining market share from the fixed cash-register-style POS market. They’re no longer just for SMBs.

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Recurring Donations for Nonprofits: Billing Software

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According to a 2023 360MatchPro study, revenue from one-off donations decreased by 12% in 2022, while monthly charity payments rose by 11%. Subscribers already automatically buy products on a regular basis, so there is less of a marketing cost because they don’t need heavy targeting through expensive marketing strategies.

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Global Growth: Understanding Merchant of Record for E-commerce

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A Merchant of Record ecommerce solution acts as a vital middleman, taking on the vital duty of financial and legal facilitation in transactions, acting as the visible party for both consumers and regulatory bodies. Tasks in this diverse role include managing payments, complying with tax laws, and reducing risks such as chargebacks and fraud.

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

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During the 2020s, almost all businesses will have been looking at b2b payments processing solutions to meet changing consumer needs. Online and contactless adoption multiplied, and digital payments rose. consumers using two or more types of digital payment methods increased by 8%. Learn More What are B2B Payments?

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SubscriptionFlow Product Updates for 2023 & Vision for 2024

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Here, in the SaaS market, products are not tangible like in the real world. So, if it is challenging to develop such an intangible product, it is equally taxing to market, sell out, and earn revenue from such products and services. Paystack facilitates payment processing in the African region.

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Demystifying Credit Card Interchange Fees: What You Need to Know [2024 Rates and Updates]

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When you research payment solution providers , you’ll start hearing the term “interchange” used when talking about payments. Set rate processing Subscription rate processing TL;DR Interchange fees are not collected by your payment processor or bank; they go directly to the card-issuing banks.

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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.