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USA vs Canada Interchange Rate Comparison for Payments

Interchange rates are a cost for credit card transactions for merchants. Interchange is the revenue for credit card companies and issuing banks.  Canada and the USA have a big overlap in purchasing habits and trends in payments. The two countries also have some big differences on how payment processing fees

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What is underwriting in payments?

What is Underwriting in Payments?

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.

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The top obstacles for Open Banking

The Top Obstacles for Open Banking

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. 

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AML and KYC in Payments

What is AML and KYC in Payments?

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

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The best subscription payment processing platform

The Best Subscription Payment Processing

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:

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What is a merchant account?

What is a Merchant Account?

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

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How interchange rates work in the USA

How USA Interchange Rates Work

Interchange rates are an important component of payment processing globally. They are set by card networks like Visa, Mastercard, and American Express, and they represent

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