Common Questions About Surcharging 1. Is it legal to surcharge credit cards? In most cases, yes, it’s legal to surcharge credit cards. However, there are federal restrictions and state-specific laws…
The payment industry is a collaborative effort between several key players, each with a specific role in ensuring your purchases go smoothly. From the customers who initiate transactions to the…
Payment methods are the different ways you can pay for goods and services. These methods can be broadly categorized into traditional and digital options. Traditional methods include: Digital methods are…
Payment processing solutions are essentially services that allow businesses to accept payments from their customers. These services act as intermediaries, securely transferring funds between buyers and sellers. They typically handle…
Within the financial world, a transaction refers to the exchange of value between parties. This exchange can involve physical goods, services, or financial assets. In simpler terms, it’s the completion…
Payment processing is a fundamental aspect of modern commerce, facilitating the transfer of funds between a customer and a merchant for goods or services rendered. Understanding the intricacies of payment…
