How Merchants Can Lower Their Credit Card Processing Fees
In the world of business, understanding how to navigate credit card processing fees is essential for financial success. These fees typically range from 1.5%…
PAYMENTS RESEARCH
Payments Research and Industry Data
Research and practical analysis on payment costs, merchant economics and the technology behind transactions.
Latest research
Research archive · Page 12
How HVAC Businesses Can Grow By Accepting Credit Cards
In the HVAC industry, staying ahead of the curve is crucial for success. One such advancement that has revolutionized the way HVAC companies operate…
Accepting Credit Cards Help Merchants With Reconciliation
Reconciliation is the process of matching financial records to ensure they align correctly. Credit card statements, with their detailed transaction records, simplify the reconciliation…
Canada’s Payment Regulations and Compliance in 2024
In the dynamic realm of payment processing, rigorous adherence to regulatory requirements is the bedrock of a secure and efficient financial ecosystem. Canada, celebrated…
What is Authorization and Capture in Credit Card Processing?
In the fast-paced world of commerce, credit card transactions have become an indispensable part of our daily lives. The convenience and simplicity of swiping…
The Rise of P2P Payments
The rise of Peer-to-Peer (P2P) payments is a significant transformation in the world of finance and financial transactions. These payment methods, facilitated by mobile…
What is NFC and Contactless Payments?
In today’s fast-paced and digital-driven world, the way we conduct financial transactions has evolved drastically. One of the most significant advancements in this realm…
What is Track 1, 2, and 3 Data in Magnetic Stripe Credit Cards?
In the world of credit cards, security, and data protection are paramount concerns. Credit card fraud is a prevalent and ever-evolving threat, and it’s…
What is a Good Credit Card Chargeback Rate for Merchants?
Credit card chargebacks are a common concern for merchants. They can impact your bottom line, reputation, and even your ability to accept credit card…
How do Credit Card Machines Work? Step by Step.
Every day, credit card machines facilitate seamless transactions with a simple tap, insert, or swipe. These devices may appear like magic, but have you…
Growth of Online Payments and eCommerce in 2023
Online payments have grown rapidly in recent years, driven by the increasing popularity of eCommerce, mobile payments, and other digital payment methods. In 2023,…
What is SSL in Payments?
Security is of paramount importance in online payments. Customers need to trust that their sensitive financial information is safe and businesses must ensure the…
How to Accept Credit Card Payments on Your Website
Accepting credit card payments on your website is essential for any business that wants to sell products or services online. It’s a convenient and…
What are Merchant Services?
Digital payments have become the lifeblood of commerce. Whether you’re a local retail store, an eCommerce giant, or a small business owner, your ability…
Flat Rate and Interchange Plus Pricing Comparison in Payments
In the world of payment processing, merchants are often confronted with a crucial decision: which pricing model should they adopt? Among the various pricing…
How to Reduce Cross-Border Fees in Credit Card Processing
In an increasingly interconnected world, online shopping has transcended borders, opening up new avenues for businesses to reach global markets. While this globalization presents…
Statistics on Payment Collections for Business
In the dynamic world of commerce, effective payment collection or accounts receivables is the lifeblood of businesses. It not only ensures a steady cash…
How Accepting Credit Cards Speeds up Collections in Business
It is more important than ever for businesses to have a quick and efficient collections process. Accepting credit cards is one of the best…
Looking up a payment term? Explore the Payment Glossary or the Resources library.