Category: General

A cash discount for a merchant account is a pricing strategy that involves offering a discount to customers who choose to pay with cash rather than using credit or [...]

Setting up a merchant account for a business involves several steps and requirements, as it allows the business to accept credit card payments from customers. Here are the typical [...]

In an ecommerce store, you typically need both a payment gateway and a merchant account to facilitate online transactions and accept payments from customers. These two components play distinct [...]

Peer-to-Peer (P2P) payments refer to the transfer of funds between individuals or entities using digital platforms or mobile applications. These payments allow individuals to send money directly to one [...]

An SSL certificate is a digital certificate that establishes a secure encrypted connection between a website and a user’s web browser. SSL stands for Secure Socket Layer, which is [...]

Web 2.0 is a term used to describe the second generation of the World Wide Web, which emerged in the early 2000s. It was characterized by a shift towards [...]

“Bankcard Merchant Transaction Over Threshold Discount.” This is a discount that is applied to a merchant’s account when they exceed a certain threshold of transaction volume. Some payment processors [...]

Buy Now, Pay Later (BNPL) is a payment option that allows consumers to purchase goods or services and pay for them over time, usually in installments. BNPL is typically [...]

A virtual terminal is an online application that allows businesses to accept payments from their customers by credit card, debit card or e-check. It functions as a software interface [...]

Independent Sales Organization ( ISO ) ISO with payments typically refers to a company or organization that is authorized to facilitate credit card payments between merchants and acquiring banks [...]