Non-qualified rates are one of the most confusing fees in the payment industry because they often appear on statements without a clear explanation. These charges can significantly increase a merchant’s true processing cost, which makes it important to understand how they work and how to avoid them. This article explains
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
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
Government agencies face mounting pressure to provide efficient, secure, and accessible payment options for their services, agencies, and constituents. Old payment systems are more than
If you run a business, you’re aware of the basic fees for accepting credit card payments. You might even know that there’s something called an
With so many payment options available — from credit cards to mobile wallets — it can be hard to know which methods are the best
In the world of payments, two forces are shaping how we exchange money: credit cards and cryptocurrencies. Both methods have evolved since their inception. Credit
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
It’s the end of 2024 and the payments industry isn’t just evolving — it’s undergoing a seismic shift that’s changing how the world does business.
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
Alternative Payment Methods (APMs) have become a big part of today’s evolving fintech landscape, as consumers seek faster, more convenient, and secure ways to 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,
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
Some banks have chosen to develop their own in-house payment processing systems, delivering end-to-end services directly to their customers. Other banks have formed strategic partnerships
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
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
The payment processing market in the United States has demonstrated robust growth, driven by rising consumer demand for digital payments, advancements in financial technology, and
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
The economy today is tech-driven and payment methods are a key part of that paradigm. From traditional options like credit cards to emerging solutions such
As Canadian businesses look to expand internationally, one crucial component of successful growth is handling cross-border payments smoothly and efficiently. Selling products and services internationally
When running a business, accepting payments is a must, but for some industries, it isn’t as simple as swiping a card. Some businesses are labeled
As a merchant, understanding how a PIN (Personal Identification Number) works with credit and debit card transactions is essential for running a secure and efficient