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 […]
The payment solutions market worldwide is expected to reach a valuation of $116.17 by 2027. The rapid growth of this sector is a key reason why finding the right payment processor is usually a lot like finding a needle in a haystack—you have to spend a lot of time searching and sifting through options. And […]
Businesses today conduct transactions quite differently from how they did some decades ago. Most businesses these days use credit cards for payments, rather than cash as they allow organizations to get around cash flow issues, and enjoy rewards programs that support businesses with points for business-related purchases. Credit card processing is something all B2B (business […]
As the global digital payments industry continues to expand, Americans are ramping up their credit card use. Forbes notes that 84% of American adults possessed at least one credit card in 2021, and by late 2022, they had over 518 million credit card accounts collectively. Many cardholders made their purchases with the Square reader for […]
The digital payments industry is playing an increasingly important role in the global economy as credit card transactions make up a substantial portion of all in-person and eCommerce purchases. According to Research and Markets, the expanding credit card payments market realized a $477.63 billion valuation in 2021. By 2027, the market is expected to be […]
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Depending on your business, the amount you pay in credit card processing can add up to hundreds, if not thousands of dollars per month. That’s why it’s critical that you select a payment provider that offers the most cost-effective rates possible. Doing that, however, is easier said than done. The world of payment processing can […]
Square is a point-of-sale and payment processing service for small businesses that has hundreds of thousands of users nationwide. It’s free to create a Square Payments account, and the Square point-of-sale (POS) app can be downloaded for free on any Apple or Android phone. (It’s perfect to use on an iPad.) The company also bills […]
The popularity of card-based payments continues to accelerate. Research shows that in 2021, consumers used credit cards for 28% of payments. However, in February 2023, a similar survey showed 54% of consumers used a debit card and 36% used a credit card. As such, payment service providers play a key role in processing transactions. Here’s […]
In today’s digital payments landscape, consumers seek fast, straightforward ways to pay for goods and services. Person-to-person (or P2P) payments are thriving, with major providers including PayPal and Venmo expanding their user bases. In June 2022, financial research firm Lending Tree surveyed almost 1,200 US consumers. According to the survey results, 84% of consumers have […]
Accepting credit card payments is so simple today that you can be forgiven for not understanding the ins and outs of the process. A customer taps, swipes, or enters their card details, et voila, the payment is accepted or declined. It’s really no more complicated than that. If everything is running smoothly, there’s no reason […]
