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Who Regulates Card Processing? The Essential Credit Card Governing Bodies Guide
Proper regulation of credit card processing is incredibly important, especially as the process of accepting credit card payments requires sensitive customer data that is often under attack from malicious parties. This data needs to be carefully protected, which is why credit card processing companies, including Acquirers, Merchant Service Providers, Payment Gateways, and Payment Facilitators are all regulated by a variety of credit card governing bodies.
Ursula Librizzi
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Credit Card Surcharging: Your Guide to Reducing Transaction Costs
Credit card surcharging, a strategy that helps merchants reduce the cost of accepting credit card payments, is steadily growing in popularity. With surcharging, merchants reduce the impact of credit card processing fees by transferring the fee for a credit card transaction to the customer. Many merchants assume surcharging is complicated to set up or simply incompatible with their software. However, with new tools, like PayJunction’s No-Code Payment Integration, merchants interested in surcharging no longer need to worry about time consuming manual surcharging. Instead, merchants can set up surcharging with PayJunction, and start saving on credit card payments by integrating surcharging in just a few minutes. There are many rules and regulations that merchants who are considering surcharging should take into account. Use this guide as a resource as you explore the benefits of surcharging, or schedule a demo below to book time with a payment expert to walk through questions about your unique business case.
PayJunction Team
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Understanding Fees Associated with Veterinary Merchant Services
Blending compassionate care for animals and efficient business management is essential for veterinary clinics and animal hospitals. Ensuring payments are accepted and processed securely and efficiently—a function referred to as veterinary merchant services—is paramount among the staff’s responsibilities. The myriad of fees associated with payments carries implications for the practice's financial well-being. This article delves into these fees, offering insights to help veterinary professionals navigate merchant service agreements adeptly, thus allowing them to devote more attention to their primary focus: caring for their patients.
PayJunction Team
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What is a Payment Gateway? Definition, Benefits, Features & More
Accepting payments has become increasingly complex due in part to the rapid growth of online and mobile experiences, the popularity of digital wallets and an increase in recurring or subscription services. Powering all the interaction points throughout a transaction’s lifecycle requires an expanding array of technologies and networks to securely connect point-of-sale (POS) systems, websites, payment processors, bank accounts and card brands. A crucial part of the equation is the Payment Gateway. You may have casually heard the term and are wondering “What is a Payment Gateway?” or “How is it different from a Payment Processor?” This article answers those questions and takes a deeper dive into important features and benefits to help you decide what type of payment gateway is best for your business.
PayJunction Team
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Five Opportunities that ISVs Can’t Afford to Miss
A new year presents independent software vendors (ISVs) with fresh opportunities to invest in solutions, processes, and partnerships that help attract new customers, deepen existing relationships and generate new revenue streams. Hope is not a strategy, and success requires focus, measurable goals and due diligence so that ISVs can celebrate accomplishments and be prepared for the future. Here are a few attainable achievements that ISVs can quickly adopt to improve the payment experience for customers while growing revenue for their business.
PayJunction Team
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Business Trends that will Impact ISVs’ Payment Partnership Decisions in 2023
While often fun, predicting the future can be risky for individuals and companies that focus their resources and investments on the wrong initiatives. We believe business leaders can find inspiration in the words of Malcolm X: "The future belongs to those who prepare for it today."
PayJunction Team
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