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Glossary: 117 software-led payments terms to know

Payrix

Association Group of card-issuing banks or organizations that set common transaction terms for merchants, issuers, and acquirers. Card brands Member-based corporations that connect consumers, businesses, and banks through electronic payments; establish and enforce rules amongst members; and promote the brands (e.g.,

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Escheatment Solutions in 2025: Streamlining Return of Funds

USIO

Why It Matters Now Tighter Regulations : States are increasing audits and enforcing strict compliance. Consumer Demand for Options : People expect to choose how they get their money—Venmo, PayPal, debit card, or even a physical check. Compliance on Autopilot : Dormancy rules, alerts, and reporting are built-in—no spreadsheets required.

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How to Choose the Best Billing Software for Your Business

Subscription Flow

Compliance with financial laws Calculating your tax, and then making sure that you are compliant with all the relevant tax laws is something that you have to do often. If you sign up with a billing software that cannot auto-generate reports for you, or ensure compliance, you would have to consider migration.

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How to Choose Between EFT vs ACH: A Comprehensive Guide

Stax

TL;DR: Electronic Funds Transfer (EFT) is the umbrella term for all electronic payments made between bank accounts. EFT is the umbrella term for all electronic transactions that transfer funds digitally between bank accounts using only bank account information. In this article, well help you do just that.

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What is Click to Pay and How Does It Work?

Stax

The original sensitive data is still secured and hidden in an external data bank. Payment verification by the issuing bank means the customers bank will check whether the customer has sufficient funds to complete the transaction. Your testing should check for security compliance, technical performance, and mobile responsiveness.

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Payment Gateway vs Payment Processor: What You Need to Know

Stax

TL;DR A payment processor is a provider that handles transactions between a buyer’s bank and a seller’s bank. Payment Processor: An Overview A payment processor is a service that handles the technical aspects of transferring payment information between the merchant, the customer, and the customer’s bank.

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Using a Gaming Payment Gateway to Monetize Your Game’s Web Shop

FastSpring

How a merchant of record like FastSpring can handle all the complexities of global payments for you, even taxes and compliance. Spend less time managing your payments and compliance and more time making great games! The transaction request can then be authorized or denied by the issuing and acquiring banks.)