In the ever-evolving landscape of payment processing, businesses are constantly seeking reliable solutions that offer transparency, affordability, and efficiency. Amidst the myriad of options, Wholesale Payments stands as a prominent contender, enticing with promises of competitive rates and streamlined services. However, in this comprehensive review, we’ll delve into Wholesale Payments and reveal other options for […]
The credit card issuing industry continues to experience steady growth as consumers and business owners use credit cards to complete more transactions. As of February 2023, almost 90% of Americans surveyed prefer using a debit or credit card (both virtual and physical) as their main payment method when making a purchase, and 36% of all […]
Cash is no longer king. Post-pandemic, the global shift towards cashless transactions has accelerated. Digital payments in developing economies have surged from 35% in 2014 to 57% in 2021. The percentage is even higher in high-income countries, with nearly universal adoption at 95%. From bill payments to everyday purchases, customers now expect cashless payment options. […]
Choosing the right payment processor for your business is critical. It’s the backbone of your sales. It’s the crux of your customer service operations. And it will power your business through its various stages of growth. Payeezy and Payment Depot are two popular payment processors you’re bound to come across in your research. Both are […]
In the diversified American legal industry, law firms and legal professionals provide wide-ranging legal services. Market research firm Statista found that the aggregate US legal services market comprises nearly half of global legal services. Whether you have a small firm or large law practice, every law firm needs a payment solution for legal payments. Clients […]
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As payment processing becomes increasingly digital, both emerging and established businesses need to make sure they keep up with the latest payment trends. With 83% of Americans now owning at least one credit card, virtual payment processing has taken on a new significance. A virtual terminal allows businesses to easily process transactions from any internet-capable […]
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Payment processing technology has empowered even the smallest of businesses. Now, even one-person businesses can accept credit and debit cards, mobile wallets, ACH deposits, gift cards, and a multitude of other forms of payment. This makes it easier for small business owners to accommodate customer needs and to get their money. There are tons of […]
The more tech advances, the more convenience consumers expect from the vendors they buy from. It wasn’t that long ago that making a purchase online meant leaving the website and going through a tedious checkout process on an external payment gateway. Thanks to a growing number of fintech companies offering embedded payments, businesses can now […]
Many small businesses don’t realize that although PIN and signature debit transactions may seem similar, they are actually quite different. In fact, a customer using the same debit card at a retail outlet—for the same amount—may translate to different transaction fees for the merchant, depending on the verification method they choose. As such, merchants may […]
There are hundreds of payment service providers (PSPs) out there, so finding the right one for your business can be a challenging process. Thankfully online reviews can help you in your quest to a large extent. This article is one such guide, that focuses on comparing two payment processing solutions—Payment Depot and WePay. We will […]
