Maintained to reflect market changes, statistics, network rules, pricing structures, and prevailing cost dynamics.
Cash usage in the United States is shrinking, but the story is more nuanced than “cash is dead.” While digital payments dominate everyday spending, cash continues to play a measurable role in specific transaction sizes, demographics, and environments across the U.S. economy. In 2025, cash accounts for roughly 16%–18% of
Chargebacks are an integral part of the payment processing industry, representing a mechanism for customers to dispute transactions and seek refunds. For merchants and payment
Future delivery allows customers to purchase goods or services that will be delivered at a later date. This approach offers convenience and flexibility to both
The concept of cash is undergoing a transformation. With the rise of mobile payments, online banking, credit card use, cryptocurrency, and contactless transactions, the prospect
Credit card processing companies have developed various pricing models for processing credit card transactions. A key cost in credit card processing are interchange fees, which
The concept of chargebacks has become increasingly important for businesses across various industries. A chargeback occurs when a customer disputes a credit card transaction and
In today’s digital era, online transactions have become increasingly prevalent, making payment security a top priority for businesses and consumers alike. One critical component of
Chargebacks are a common occurrence in the world of business and their rates can vary significantly from one country to another. Understanding the factors that
With the rapid growth of eCommerce and online transactions, ensuring the security of online payments has become crucial. In response to this challenge, the financial
In the world of credit card processing, chargebacks are an inevitable reality that businesses must deal with. While chargebacks serve as a valuable consumer protection
A merchant account is a type of bank account that enables businesses to accept and process digital payments, such as credit card (Visa, MasterCard, etc)
Underwriting is an essential part of payment processing. The underwriting process helps payment processors assess the risk associated with processing payments for a particular merchant.
In our world of digital transactions, credit card fraud poses a threat to all merchants who accept credit cards. For protecting yourself from credit card
Credit cards have revolutionized the way we transact, providing convenience and security for consumers worldwide. However, for merchants, accepting credit card payments comes with fees
Settlement in credit card processing refers to the final stage of a credit card transaction where funds are transferred from the cardholder’s account to the
In the world of online and card-not-present (CNP) transactions, security is of utmost importance. To combat fraudulent activities and provide an additional layer of protection,
A virtual terminal is a web-based tool that allows businesses to process credit and debit card payments remotely. It is a software (aka virtual) alternative
Open banking is a concept that aims to revolutionize the financial industry by allowing customers to share their banking data with third-party providers through secure APIs.
Today’s financial and payments industry is getting much more advanced and complex. Preventing illicit activities such as money laundering, terrorist financing, and other fraudulent activities
Credit cards have been used for several decades, with their modern form emerging in the mid-20th century. The concept of credit dates back even further,
Subscription payment processing refers to the handling and management of recurring payments associated with subscription-based business models. It is sometimes called other names such as:
A merchant account is a type of bank account that allows a business to accept electronic payments, such as credit and debit card transactions. In