Picture the transaction process in a store. Purchasing a T-shirt, the cashier would ring up the cost amount, you would take your credit or debit card out, and either swipe, tap, or dip your card with the terminal. Your card would be accepted, the payment would...
ACH (Automated Clearing House) is a replacement for paper checks. Essentially ACH electronically transfers money between US bank accounts. This transfer is done through the ACH network which means credit and debit cards are not involved in the transaction. Have you...
What are contactless payments and why does your business need them? Contactless payments are a newer form of payment transactions. Within your credit/debit card, there is a small chip that is embedded to emit radio waves at a short-range. When your card comes in close...
Your terminals are slow/time out 18% of those shopping online abandoned their shopping cart due to a slow checkout. Imagine how your customer is feeling while they wait uncomfortably at your checkout counter while their payment slowly processes. This is a tell-tale...
It might seem like a simple transaction of money when your card is swiped, tapped, or dipped into a terminal. However, there is much more that happens on the back end that you might not know of. The actual processing of payments happens within a matter of seconds....
