Tag: payment processing

Magento was one of the oldest players in the ecommerce space, building a reputation as an extremely capable, reliable, and secure sales platform. Today, Magento has been rolled into Adobe Commerce, a one-stop ecommerce solution from the same company that powers creativity across countless industries. Adobe Commerce offers all the same benefits that made Magento […]

Payment gateways are one of the most important parts of the technology stack that drives every merchant’s ability to accept electronic payments of all types. Because you need a gateway of some kind to sell, choosing the right one is an important part of setting yourself up for success, minimizing fees, and ensuring your payment […]

Your merchant account is a key aspect of your company’s operations, growth, and overall success. And, while there is no shortage of options on the market today, only a few payment processors offer the service, support, and pricing necessary to truly stand out. BAMS is a leading processor providing merchant accounts designed specifically to offer […]

Fast access to cash is crucial for all types of businesses, and the smaller the business, the more important it is. But the traditional funding process often sees merchants wait three business days, or occasionally even more, before getting access to the money from their sales. Next day funding offers a solution to that problem […]

Apple Cash is a new digital payment product designed to make it even easier for Apple device users to send, receive, and manage their money. It works in conjunction with Apple Pay and the Messages App, providing users with a complete, one-stop payment solution. Apple Cash creates a virtual debit card in the user’s digital […]

Next day funding is a feature offered by payment processors that provides merchants with access to the money from sales one business day after transactions are processed. It’s a highly beneficial feature, especially for merchants doing heavy business on weekends, as it ensures cash is available as quickly as possible, improving financial health, emergency management, […]

Payment gateways are a crucial tool in both ecommerce and brick-and-mortar sales, but many merchants don’t necessarily understand what their gateways do or why they really need to have one at all. With that in mind, the following is a quick refresher on what gateways are, how they work, and why they’re so important.    […]

The past few years have seen a sea of change in the payments industry and the role that EMV payment cards play in the lives of consumers. Worldwide health measures have changed the way we pay in-person, and, today, cash is no longer king – so much so that many consumers no longer carry any […]

Knowledge is power, yet many merchants operate with an incomplete picture of their payment processing, their transaction history, their ongoing and historical disputes, and more. Advanced merchant reporting tools offered by some payment processors are designed to provide merchants with insights into those key areas in a fast, efficient, and easily-digestible way.  Merchant reporting tools […]

The average customer might think that the second they complete a credit or debit card transaction, the funds from the purchase go directly into the merchant’s bank account – but they’d be wrong. In reality, most merchants have to wait two or even three business days to access their funds due to the standard holds […]

Point-of-sale systems are mission-critical tools for retailers and restaurants, providing the system through which sales are made, and inventory is controlled. But POS systems can do a lot more than just process transactions if a merchant has the right integrations. Integrations allow merchants to squeeze extra value out of their POS systems, simplifying tasks, leveraging […]

Clover is a popular small business point of sale system, offering retailers and restaurants intuitive POS software and a wide variety of hardware choices. But one of Clover’s most standout features is its well-stocked third-party app market, which enables Clover users to expand and refine the capabilities of their systems, as needed, in a matter […]

Toast POS is one of the most popular point-of-sale systems in the restaurant industry. It’s known for feature-rich and easy-to-use software and a wide variety of hardware options. But while Toast POS is both highly capable and user-friendly, it does have some notable drawbacks, including the cost of payment processing and dependence on proprietary hardware. […]

Choosing a new payment processor is an important task, as payments are at the core of all businesses. But with so many options on the market, it can be hard for merchants to know how to differentiate one processor from another. When requesting a merchant services quote, many business owners will focus on price and […]

Payment gateways are software tools that enable transaction processing by acting as the bridge between the end customer and a merchant’s payment processor. Every transaction – both online and off – goes through some type of payment gateway. In ecommerce, payment gateways provide everything from payment data encryption to two-way communication to fraud protection and […]

Merchants can fight chargebacks and, while many don’t, all should whenever possible because chargebacks matter. Chargebacks cost merchants money in the form of lost revenues and, in many cases, lost inventory. They also raise red flags when they start to rack up, causing potential strains in relationships with payment processors and the major card companies […]

An ecommerce merchant is a business that sells online and utilizes payment processing services to collect card payments. In a terminology-heavy industry like payment processing, it can be easy for confusion to arise about what certain terms mean and don’t mean. “Merchant” is one of those terms, and many people incorrectly assume that all businesses […]

Amex OptBlue is a program designed to make American Express payments more accessible to small businesses. Traditionally, the high barriers to entry on the network and the extremely high transaction fees made American Express more trouble than it was worth for smaller merchants. To remedy that problem, the company created the Amex OptBlue program, which […]