EMV is a secure payment technology standard that is used worldwide. EMV is managed by a handful of credit card networks: Visa, American Express, Discover, JCB, Mastercard, and China UnionPay. EMV stands for Europay, MasterCard, and Visa, who were the original founders in 1994. How can I do EMV transactions? EMV transactions are commonly thought of […]
When you pay for something at the store, it has become a relief for consumers, and the merchant, when the payment terminal supports contactless payments. Contactless payments are faster and cleaner. Both of these are critical to providing safer payments in a COVID world. From a CBC news article titled “What’s the germiest surface in a supermarket? […]
This article is about helping you get the best POS system for your business. A POS system (point-of-sale) is the software and hardware allowing a merchant to enter in product or services, calculate the itemized payment amount and taxes, accept the payment, and produce a receipt for the customer. Other functions of a good POS, […]
WordPress is the most popular platform to manage content on websites. If you’ve chosen WordPress, you’re in good hands. Hundreds of millions of other websites run on WordPress, including websites with WordPress payments. WordPress payments and online payments are growing fast Online payments has been growing dramatically since the 1990s. With the COVID pandemic in […]
WordPress is one of the most common platforms to run websites. There are around 450 million websites that use WordPress. That means around 20% of the internet runs on WordPress. This is one reason we put extra effort to make it simple to take online payments on your WordPress website. There are several options to […]
We’ve been working on our “best of” series for payment processing, such as the best credit card machines and best payment processors. In this article, we’ll focus on the best payment gateway for online payments. Online payments have been growing incredibly over the past 10 years. Website and mobile technology is user friendly, shipping logistics […]
There are specific needs in dental credit card processing that we have seen as we’ve worked with many dentists. First and foremost, low-cost is critical. Reducing cost is the mission of Clearly Payments. Secondly, dentists need the flexibility to take payments that make their patients comfortable: secure, quick, and low contact. Low cost dental credit […]
Credit card machines have been around since around 1960. They started as credit card imprinters and moved to magnetic stripes in the 1970s. They’ve evolved significantly over the past 60+ years and have become very common and reliable for payments. Payment terminals are used by millions of businesses around the world. They are mission critical […]
Do you know what puts most businesses out of business? Reduced cash flow. After a business makes a sale, if it doesn’t get the funds from the transaction quickly, cashflow is restricted and this puts the business in a tough position. Reserves hold back your funds A reserve is when a payment processor holds funds […]
Interchange is the fee collected by credit card issuers on every transaction. These interchange rates in Canada are set by Visa and MasterCard and are mandatory for all credit card processors. Changes in Canadian Interchange Fees Visa and MasterCard are changing their interchange fees starting on July 18, 2020 and August 1, 2020, respectively. The […]
