Payment Processing
Best Payment Gateway Providers: A Comparison of Top Options
If you wanted to buy a box of shirts from Thailand to resell in the United States, it would be difficult without a payment gateway. Modern payment gateways allow merchants, vendors, and customers to exchange funds throughout the world. The most difficult part is finding the best payment gateway for your needs. As a merchant, […]
Cryptocurrency List for Businesses: Top Coins To Know Before Accepting Crypto
For businesses, figuring out how to set up cryptocurrency payments can feel complicated. You have to integrate each cryptocurrency into your checkout process, figure out how to price products, auto-convert payments, and ensure a seamless process for your customers. On top of that, regulatory requirements vary by country. Once you decide on the best cryptocurrency […]
Airline Merchant Account Solutions: Payment Processing for Airlines and Flight Operators
When someone pays for a family vacation, they’ll likely end up purchasing multiple tickets that can easily run into the hundreds or thousands of dollars. This type of high-value purchase carries risks for merchant account providers, which is why some providers are unwilling to work with airlines. As an airline or flight operator, you need […]
Payment Operations: How to Build and Optimize Your Payment Ops Function
Behind the scenes, payments are effortlessly routed, verified, authorized, and settled. When payment operations are functioning smoothly, you likely don’t notice or think about them. However, a single issue can quickly derail your company’s cash flow and result in significant costs. Because of this, it’s a good idea to be proactive about your company’s payment […]
Payment Monitoring System: How to Track and Improve Your Payment Performance
At many companies, payment processing is an overlooked part of their day-to-day business operations. While you might carefully monitor the output of each factory line, it’s easy to forget about monitoring the rate of chargebacks from international card payments. As a business, you can’t afford to overlook your payment monitoring system. Hidden issues can lead […]
Billing Descriptor: What It Is, Types, and Examples for Merchants
Businesses spend a lot of time worrying about how to save money on overhead and variable expenses. However, many companies are missing out on a key way to manage costs. By improving your payment processes, you can save money on transactions and improve your company’s bottom line. A simple update to your billing descriptors may […]
Push vs. Pull Payments: What’s the Difference and When To Use Each
While the most basic difference between push vs. pull payments is who initiates the payment, there are other key differences as well. Each payment type carries unique benefits and drawbacks, so it’s important to understand which option makes sense for your transactional needs. Push payments tend to be more effective for one-time transactions and large […]
Local Payment Methods: What They Are and How To Offer the Right Options in Each Market
Deciding to sell internationally involves more than simply translating your website and creating a new Google Ads campaign. To succeed, you need to make sure potential customers can pay with confidence. Using local payment methods instills trust, so customers feel comfortable making a purchase on your checkout page. In each market, customers have unique payment […]
Incremental Authorization in Payments: What It Is and How It Works
Marketing departments carefully design sales funnels to turn prospects into clients. In a moment, a single payment problem can derail a customer’s buying experience. While failed payments and inconvenient refunds can deter customers, it is possible to prevent them. With incremental authorization, you can easily charge customers when you aren’t sure what the final transaction […]
Square Fees: What Square Charges Per Transaction and Per Month
How much does Square charge per transaction? Are there ways you can reduce your Square payment processing fees? Like other payment processors, Square charges different fees based on the payment channel. However, the amount you pay will also depend on which Square plan you sign up for. While the Square Free plan requires no monthly […]
