Running a business comes with its fair share of challenges, but for those in high risk industries, these challenges can be even greater. One crucial decision that can make or break your operations is choosing the right Point of Sale (POS) system. In particular, choosing POS systems for high-risk businesses, is often a hard, yet […]
Electronic Transfer Team
Electronic Payment Solutions for Schools
On one hand, and throughout the school year, parents spend money on things like school lunches, bus tickets, after-school activities, and school supplies for classes. On the other hand as digital payments are becoming more popular, schools are beginning to offer online payment options parents can choose from. Thus making it more convenient for everyone. Yet, teaming […]
Payment API: What Is It, and Does Your Business Need It?
Whether it’s online shopping, mobile payments, or in-store purchases, customers expect quick and easy transactions. This is where payment API comes in. It is changing how businesses handle money, making it smoother for everyone involved. From payment gateway API integration to streamlined payment processing APIs, these tools are revolutionizing the way we handle transactions. What […]
Financial Terms Glossary: 95 Commonly Used Phrases Explained
Navigating the world of finance can feel overwhelming because it contains many complicated words and terms. With the advance of technology, these are becoming even more complicated. That is why we’ve created a simple financial terms glossary that explains 95 important finance and payment-related terms in an easy-to-understand way. Why Is Financial Literacy Important? Financial […]
Cash Flow Management: Tips, Tools and Examples
Managing money is crucial for any business, big or small. One of the most important parts of this is cash flow management. This basic guide will help you understand what this process is, why it matters, and how to do it well. Keep on reading. What is Cash Flow Management? It is the process of […]
Credit Card Loyalty Programs: Best Examples
Credit card companies have offered rewards credit cards since the early 1980s, when airlines developed credit card loyalty programs for frequent flyers. These rewards programs serve as incentives for consumers to use their cards for purchases, while issuers use them to encourage cardholder loyalty. Read on to discover the best programs available today and learn […]
Online Payment Processing for Small Business: Essential Guide
Running a small business comes with all sorts of challenges that you need to overcome. One in particular is keeping up with the modern-day payment trends. Contactless payments, biometric authentication, AI-powered payments – it all sounds like too much for a small business to handle… Yet, it is a super important aspect if you want […]
Interchange Fees Explained: Pricing, Charges, Calculation
Credit and debit card payments are not just an optional method of payment, they are a necessity, especially if you want to improve the customer payment experience. However, providing such payment options to your customers means you need to pay interchange fees. What’s also important is that you understand these fees and how they can […]
How to Choose the Best Payment Gateway for Your Business?
A payment gateway is the technology that you need in order to enable online payments from customers. This serves as a link between financial institutions and the merchant. It also ensures data encryption and compliance with PCI DSS (Payment Card Industry Data Security Standard). That said, there are quite a lot of payment gateways to […]
eCommerce Payment Trends: Early Predictions for 2025
Worldwide eCommerce sales are projected to reach $8.1 trillion by the end of 2026! Let that sink in for a moment. Part of this huge increase is due to the convenience of digital payments – customers don’t have to go to the store anymore to purchase whatever they want. They can do it by clicking […]