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Tap to Pay: What It Is and How It Works

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In Seoul, South Korea, the Seoul Bus Transport Association introduced the UPass, a contactless payment card that commuters could tap on as they entered the bus. Beyond retailers and accepting payments, NFC is used for public transport, access control systems, smart advertising, data exchange between devices, and interactive gaming.

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

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Merchants can accept payments anywhere with mobile credit card processing, eliminating the need for a fixed point-of-sale terminal. That can mean paying the plumber by credit card in their own house or paying for a sweater with the sales associate who helped them pick it out, rather than going to find the POS desk.

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Everything You Need to Know About Secure Payment Processing Systems

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A secure payment gateway is a technology platform that facilitates the secure transmission of payment information between a merchant’s website or point-of-sale system and the payment processor or acquiring bank. In some cases, the payment processor may be using Transport Layer Security (TLS).

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

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Common in transportation and logistics, fuel surcharges adjust for fluctuations in fuel prices. Companies, particularly those in the healthcare, transportation, and food industries, levy surcharges to meet these compliance standards. Fuel surcharge. Regulatory surcharge. Minimum usage surcharge.