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Category: Payment Processing
How To Accept Credit Cards Over The Phone?
Credit and debit cards have become very common, and only credit card users stand at 1.25 billion individuals. It’s clear that almost everyone has them, and fewer people are usi...
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ACH Transaction fees and the Hidden Costs of Check Processing
The terms "E-check, "EFT", and “ACH" are frequently used together. They might seem interchangeable at times due to the overlap, but they are not the same thing. Electronic Fu...
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What Forms of Payment are Accepted at Costco?
Costco completed one of its most significant corporate moves less than a decade ago. The company ended its 19-year merchant services relationship with American Express (Amex) and ...
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Payment Processing Meaning - How Does It Work?
Payment processing is the collection of steps that occur when digital payment transactions are conducted between a merchant and a customer. While a merchant might typically be a b...
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Why Does Your Business Need Its Own MID?
For all types of online transactions and card processing functions, you are supposed to have a MID. So why does your business need its own MID? Let us understand. With th...
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Guide to Omnichannel Payments
In today’s evolving market, customers want choices. People want to do business with companies that offer them convenient ways to make payments, purchase goods, and engage with t...
Read MoreHow to Avoid eGift Card Fraud
Having an eGift card program is one of the best ways to foster a loyal user base and ensure repeat customers. A great aspect of eGift cards is that they generate cash flows in adv...
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ACH Payment Fees: How Much Does ACH Cost?
If you have ever sent money through a wire transfer, you must know that these transactions do not come for free, and you may have to pay ACH payment fees. Depending on the type an...
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ACH Debit vs. ACH Credit
The Automated Clearing House (ACH) network links more than 25,000 banking institutions nationwide and enables the electronic transfer of funds between accounts. Businesses can acc...
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