Author: Vellis Team
-
Merchant Fees Explained: How They Work & Types
Merchant fees are the costs businesses pay to process customer transactions. These charges ensure smooth fund transfers and vary based on factors like transaction type, sales volume, and payment method. Fees typically range from 1.5% to 3.5% of a transaction’s value.
-
AI in Payments: How It’s Transforming the Industry
AI is reshaping payment processing by boosting security and efficiency. Here’s more about this transformative technology in the payments industry.
-
Key Payment Processing Regulations Businesses Must Follow
Major regulations are implemented to safeguard consumers and uphold the integrity of the financial system.
-
Understanding Payment Security
Payment security protects transactions from fraud, identity theft, and data breaches. Understanding what is payment security helps businesses keep transactions safe and maintain customer trust.
-
Payment Industry Trends For 2025
The payment processing industry trends for 2025 reveal a major shift driven by AI, blockchain, and fintech. Businesses must adapt to evolving technology and consumer expectations to stay ahead in this fast-changing landscape.
-
What Are Integrated Payments?
Integrated payments streamline transactions by connecting sales, accounting, and customer management systems. This automation eliminates manual data entry, enabling real-time transaction tracking. Businesses benefit from efficient operations, mobile payment processing, and B2B transactions, leading to faster checkouts and better customer experiences. Integrated payment solutions adapt to evolving business needs, supporting various payment methods seamlessly.
-
How to Choose a Payment Processor
Having the right payment processing partner is crucial for smooth transactions and business growth. When choosing a payment processor, consider features like seamless checkout, online payment support, subscription management, and in-person payment options. These factors ensure a reliable and efficient payment experience for both businesses and customers.
-
What is Payment Processing?
Payment processing is the system that transfers funds from a buyer to a seller, ensuring secure transactions across various platforms. Integrated payments play a crucial role in digital commerce, making transactions seamless and secure.
-
What Is A Payment Processor?
Payment processors play a critical role in facilitating secure transactions between businesses, banks, and customers. Whether handling online purchases or in-person payments, they ensure smooth fund transfers and protect against fraud.