One successful development in the world of entrepreneurship that made the payment process easier and more secure is the presence of the ACH system. Some of us may have used ACH and eChecks...
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A merchant service is best described as an authorized financial services or a payment processing company that allows a business to accept electronic payments. Merchant Services Solutions...
Credit card processing consists of different key players that are involved when it comes to authorization and settlement. These key players are the cardholder, the merchant, the acquiring bank, the...
For your business to accept payments via debit and credit cards, you will need to have a merchant account. But first, get to know what a merchant account is before getting one. What is a merchant...
A payment gateway is needed to accept debit or credit cards payments for online merchants and small or big businesses. The gateway manages these transactions by encrypting all the data and sending it to a specific payment portal, bank or front-end processor. A payment gateway accepts, processes, and authorizes all debit and credit card transaction.