Stax Payments Appoints Valentin Neiconi as Chief Risk Officer
This makes Stax Payments, a pioneer fintech player in digital payments, announce it has appointed the new Chief Risk Officer, Valentin Neiconi. That strategic addition by the company demonstrates its commitment towards enhancing its framework of risk management and ensuring stronger financial risk management as it deals with a payments landscape that changes rapidly. Valentin […]
What is 3D Secure Authentication and How Does It Work
3D Secure Authentication has remained the cornerstone in secure payment systems as the rapidly changing world of online transactions requires secure payment processing. 3D Secure or 3DS is an extra layer of security that was originally implemented to better the security standards of online payment transactions. Essentially, it protects merchants and their customers from encountering […]
What is ACH Credit and ACH Debit and How Do They Work?
Understanding ACH credit payments means knowing the way various kinds of ACH payments are being processed in the US banking system. ACH credit payments vary from ACH debit payments, and both of them are also different from credit and debit card payments. We shall discuss further differences between every kind of payment along with its […]
What is Embedded Finance and Embedded Fintech
This brings about a radical change in the financial landscape through the rise of embedded finance and embedded fintech. The innovative models are redrawing the line of how financial services are being delivered. One is the embedding into non-financial platforms, and the other is traditional financial institutions. Embedded finance concentrates on the enablers for businesses […]
There’s a Push to Ban Junk Fees. Does It Affect Credit Card Surcharging?
In recent years, credit card surcharging the practice by which merchants pass on the transaction fee for accepting a credit card to the cardholder has become increasingly popular. This trend is likely to continue, as a survey from consultancy CMSPI found that cost reduction is the top payments priority for 60% of businesses. In tandem […]
How to Select the Best Payment Terminal for Your Business
Choosing the Best Payment Terminal has emerged as one of the most important aspects for smooth transactions and customer satisfaction culture in the fast-moving retail and service sectors. Business houses have many options; therefore, several aspects need to be evaluated to find the best solution to their needs. We have explored the considerations that will […]
Demystifying Credit Card Interchange Fees
Demystifying Interchange fees for credit cards are of course an essential aspect of the payment card system; however, the same thing tends to create much confusion in business and among customers. Often they are labeled interchange fees or, more simply, credit card processing fees. As such, to understand how interchange fees can figure into a […]
The Best Free Accounting Software for Small Business
Every small business requires good management of its finances. This does not necessarily have to come at a great cost. The UK has various free accounting software that cater for the needs of startups, self-employed people, and small businesses. Let’s look at some of the best free accounting software available and how they can make your […]
Cash Discount Program: A Simple Guide for Merchants
The cash discount program has become quite popular among the merchants, especially because it helps them have control over payments processing fees and encourages customers to pay in cash. This is a comprehensive guide that discusses both the benefits and challenges of implementing such a program. What is a Cash Discount Program? A Cash Discount […]
What is the Best CRM for Small Business?
Choosing the best CRM for small business can easily change the way you approach your customers and expand your organization. Solutions in CRM software for small business organize customer data, streamline operations and help improve engagement. With so many to select from, here’s how to find what you need. This post digs up top features […]