
Payment Card Settlement: Demystifying the Process and Its Essential Value
What is payment card settlement? It’s the process of reconciling transactions between merchants, banks, and card networks to ensure funds are properly transferred after a
What is payment card settlement? It’s the process of reconciling transactions between merchants, banks, and card networks to ensure funds are properly transferred after a
What is a convenience fee? A convenience fee is a charge added by a business for the option to pay using a specific, non-standard payment
What is eProcessing? eProcessing is the digital management of transactions, enhancing speed and accuracy in financial operations. eProcessing, also known as electronic payment processing, is
Is stripe safe ? Yes, Stripe is safe. It uses advanced encryption, continuous monitoring, and complies with global security standards to protect data. Stripe is
What is shop pay safe? Shop Pay is considered safe, using advanced encryption and security measures to protect user transactions and personal information. Online shopping
What is passing on credit card fees to customers? Passing on credit card fees to customers involves charging them the cost incurred during card transactions.
What are ACH payment vs wire ? ACH payments are low-cost, batch-processed bank transfers. Wires are faster, secure, individual transfers but typically cost more. ACH