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Everything You Need to Know About Secure Payment Processing Systems

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Having and maintaining secure payment systems is integral for protecting yourself and your customers. Making sure there are secure payment technology policies and procedures within your company will guarantee the integrity of present and future transactions. Enter secure payment systems (SPS). What Are Secure Payment Systems?

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Mobile Credit Card Processing Explained: What Business Owners Need to Know

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According to Forbes , “mobile payments are increasingly being used by U.S. Not only are there a number of ways your customers could be using their mobile devices to give payments, but you as a business owner could be leveraging mobile devices to accept them as well. What is mobile credit card processing?

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Payment Security: Everything You Need to Know About Secure Payments

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To stay ahead of fraud means merchants must understand the threats, use trusted and secure providers, and keep up to date on payment security trends. So, let’s dive into payment security, touching on the basics of what you need to know to ensure secure payments. of the global population using this method of payment in 2022.

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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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Ultimate Guide to Surcharges: What is a Surcharge and How Does It Work

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That’s why understanding surcharging—including its definitions, types, calculating methods, and best practices—can help you incorporate surcharging into your operations. TL;DR Surcharges are additional fees consumers pay on top of the base price of goods or services. Service surcharge. Payment processing surcharge.

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What is Dynamic Pricing? Everything You Need to Know About Implementing Dynamic Pricing in 2024

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Dynamic pricing enables businesses to capture the highest possible value for a product or service at any time of day, week, or year. Dynamic pricing systems refer to pricing models where the price of goods and services fluctuate based on a range of factors. What makes this pricing strategy so appealing to businesses?