Author: Vellis Team

Closed-loop and open-loop payment systems are the two main structures that govern how transactions are processed, authorized, and settled. Understanding the difference is crucial for businesses, merchants, and consumers managing payment solutions.

A virtual terminal is a secure, web-based payment interface that lets businesses accept credit or debit card payments without using a physical card reader. It’s ideal for merchants handling remote orders by phone, email, or online, such as freelancers, service providers, or call centers.

Running a seasonal business is exciting, especially the thrill of seeing sales surge during your peak months and the satisfaction of serving customers when demand is high. But there’s also a major challenge: how do you manage payments efficiently when your revenue fluctuates throughout the year?

Vendor onboarding is the structured process of collecting, verifying, and approving new suppliers so they can work with a company. It reduces risk, streamlines procurement, and builds strong supplier relationships.

Silent declines happen when a card transaction fails without sending a clear message to the merchant or customer. In B2B card processing, these unnoticed failures can be costly due to high-value payments, recurring billing, supplier settlements, and corporate card usage.

Going green has become essential in today’s world. Green payments are systems designed with sustainability in mind, using recyclable card materials, renewable energy, and carbon offset programs to lower environmental impact. As consumers demand more responsible practices, eco-friendly payment processing blends financial efficiency with environmental care.

Micropayments are small online payments, usually under $10, often used for quick, low-cost digital purchases. They’ve become increasingly important in today’s digital economy, especially for content creators, streaming platforms, and online services that rely on pay-per-use or micro-subscriptions.

This article explains how integration works, outlining key architecture options, setup steps, and compliance standards such as PCI DSS, 3DS, and SCA.

Virtual cards for businesses are digital versions of company payment cards, designed to make spending easier, safer, and more trackable. Unlike traditional plastic cards, they exist only online and can be created instantly for specific purchases or employees.

B2B credit card processing fees can quietly eat into profits, especially for companies handling large volumes or high-value transactions. These fees typically include interchange fees set by card networks, assessment fees, and additional processor markups.