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Tap to Pay: What It Is and How It Works

Stax

In Seoul, South Korea, the Seoul Bus Transport Association introduced the UPass, a contactless payment card that commuters could tap on as they entered the bus. Beyond retailers and accepting payments, NFC is used for public transport, access control systems, smart advertising, data exchange between devices, and interactive gaming.

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Payment Security: Everything You Need to Know About Secure Payments

Stax

Other trending payment methods include peer-to-peer (P2P) payment apps like PayPal or Venmo are a secure and convenient way to transfer funds between people and businesses. SSL/TLS is the acronym for Secure Sockets Layer and Transport Layer Security. As a Level 1 PCI Service Provider, Stax offers the highest level of PCI compliance.

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Mobile Credit Card Processing Explained: What Business Owners Need to Know

Stax

Tour Guides and Travel Services Mobile credit card processing is indispensable for tour guides, transportation providers, and excursion operators. Popular mobile payment solutions include Square, PayPal Here, and Shopify POS. Overall, it’s a fairly straightforward process that any merchant should be able to accomplish.

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ACH Payment vs Wire Transfer: What’s the Difference and Which Payment Method Should You Use?

Stax

ACH is also the technology behind most peer-to-peer money transfer services in the US, including Paypal, Zelle, Cash App, and Venmo. However, coordinating intercountry ACH-like networks and upholding them to the same regulation and compliance standards is challenging.

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Top 10 International Payment Gateways: An In-Depth Guide

FastSpring

Risk management and compliance. PayPal is both a payment processor and a popular digital wallet (not a MoR). PayPal supports online businesses and brick-and-mortar businesses. PayPal’s services include: QR code and POS systems. Braintree by PayPal is another online payment gateway solution that doesn’t offer MoR services.