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Category: Payment Processing
How Long Does PayPal Hold Money?
One of the world's most well-known and influential payment processors is PayPal. It processes money in different currencies and is easy to install. It can be easily integrated wit...
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What Is a Returned Item Fee? How Does It Affect Your Company?
Have you ever experienced a returned item charge on your bank account? This fee is assessed when you don't have enough funds to pay a check, transfer, or another form of payment. ...
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What is Secure Electronic Transactions Protocol?
The SET or Secure electronic transaction protocol is a security measure implemented on eCommerce platforms to protect electronic payment data over a specific network. eCommerce...
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What To Do If Your Credit Card Processor Raises Your Rates?
If you're a small business owner, managing your expenses is one of the most important aspects of running your business. One of the most significant expenses that you'll have is th...
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What Is The Difference Between an Estimate and an Invoice?
Businesses are confronted with a significant volume of paperwork and data for every sale and service they provide. Two examples of these essential documents are invoices and estim...
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In-Store Shopping Vs. Online Shopping: Difference in Customer Preferences
In-store shopping vs online shopping is a debate that has become increasingly popular in recent years. According to eCommerce statistics, online shopping has steadily increased ov...
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A Comprehensive Guide to Merchant Services in 2023
Most customers want to have flexibility, convenience, and freedom when choosing how to pay for services and products. Up to 79% of them prefer secure and wireless contactless paym...
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What is a Micropayment?
Businesses have successfully adopted noncash payments over the past several decades. Today, for a specific high-earning and high-spending cohort of consumers[MF1] , less than 20%...
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SWIFT Payment System - A Comprehensive Guide
Countries have looked for a safe and secure way to transfer money through banks as global trade develops with a swift banking system. An intermediary institution or a network...
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