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Payment processor: Definition, types, and examples

Payrix

When successfully implemented, they create a unified payment experience between online, in-store, mobile, and digital wallets, which decreases friction and increases customer engagement. Embedded Finance Embedded Finance refers to the integration of financial services within non-financial platforms.

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Payment processor: Definition, types, and examples

Payrix

When successfully implemented, they create a unified payment experience between online, in-store, mobile, and digital wallets, which decreases friction and increases customer engagement. Embedded Finance Embedded Finance refers to the integration of financial services within non-financial platforms.

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Master merchant: Definition, types, and examples

Payrix

By integrating payment capabilities directly into their platform or software, the master merchant creates seamless user experiences for both sub-merchants and customers, helping to drive customer engagement and unlocking additional revenue streams.

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Glossary: 117 software-led payments terms to know

Payrix

Card acceptor business code A four-digit numerical representation of the type of business in which the card acceptor (merchant) engages. 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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Embedded Payments vs. Integrated Payments: What’s the Difference?

USIO

Its the difference between giving your guests VIP service where everything they need is right there, versus making them step out. While the differences may seem small, embedded payments create a more engaging, sticky experience that keeps users coming back.

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