The credit card industry is one of the most profitable and complex financial sectors in the world. Credit cards are used by billions of people for everyday transactions, allowing them to make purchases without needing immediate cash. However, behind every credit card swipe, there is a vast network of financial institutions, payment processors, and businesses […]
Enterprise Resource Planning (ERP) systems are the backbone of many organizations, streamlining operations, centralizing data, and improving decision-making. Integrating payment systems with ERPs has become a strategic priority for large businesses and enterprises looking to enhance operational efficiency and deliver superior customer experiences. This article explores the importance, benefits, and implementation of ERP-payment integration, supported […]
With so many payment options available — from credit cards to mobile wallets — it can be hard to know which methods are the best fit for you and your customers. At Clearly Payments, we wanted to learn more about how businesses really feel about accepting payments. So, we asked 500 businesses, ranging from small […]
If you’ve ever thought about selling products or services online, adding eCommerce payments to your WordPress website is an essential step. It’s easier than you might think, and with the right tools, you can start accepting payments in no time. Whether you’re launching a new store or enhancing an existing site, this guide will help […]
A “Pay Now” button on your website simplifies the checkout process, reduces abandoned carts, and ensures a smooth customer experience. Here’s an overview of “Pay Now” buttons and how you can add them to your website, app, or email to start accepting credit card payments. Market Overview of Pay Now Buttons The market for “Pay […]
For merchants, declined credit card transactions are frustrating. This article explores the most common reasons credit cards are declined and provides estimated statistics for each, and offers actionable tips to mitigate their impact. On average, about 5-10% of all card transactions get declined, depending on the industry and transaction type. Of the credit card declines, […]
With over 79% of consumers using credit or debit cards for transactions, businesses that do not accept cards risk losing significant sales. This article will explore the various ways businesses can accept credit cards, including their advantages, costs, and considerations. In-Store Credit Card Processing For brick-and-mortar businesses, in-store credit card processing is the most traditional […]
Chargebacks, while essential for consumer protection, can pose significant challenges to businesses. Mishandling chargebacks leads to financial losses, reputational harm, and can jeopardize your ability to process payments. For businesses, having an effective chargeback management system is important. This article outlines how to structure your chargeback management team, define roles, implement processes, select the right […]
In payment processing, one component of the payment processing tech stack involving credit or debit cards is the Bank Identification Number or BIN. Although BINs play a critical role in how payments are processed and authenticated, they often go unnoticed by the average consumer or merchant. For payment processors and financial institutions, however, understanding BINs […]
Zelle is a fast, convenient way for people in the United States to send and receive money almost instantly, known as a real-time payment service (a category of payment methods). It is considered a Launched in 2017 by Early Warning Services (a company owned by major banks), Zelle has become one of the most popular […]
