article thumbnail

Glossary: 117 software-led payments terms to know

Payrix

Point-to-point encryption (P2PE) Technology standard created to secure electronic financial transactions. P2PE solutions are designed to maximize the security of payment card transactions by encrypting transaction data from the point of interaction through the transaction lifecycle. eCheck, PayPal, etc.)

article thumbnail

How Adopting Mobile Payments Can Help Your Business Grow in 2024

Stax

Fast forward to now where much has changed, and research anticipates contactless mobile payments to exceed one billion users globally by 2024. Customers can pay with their watch or phone just by tapping it on a card reader, and businesses can host an entire POS system on a mobile phone.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Primer on Simple Mobile Payments for Small Business: What Merchants Need to Know

Stax

Thankfully, with mobile payments from Stax , you can quickly accept and process payments from your customers. Learn all about mobile payments and why you may want to consider joining the Stax family to streamline payments and boost your small business’ productivity.

article thumbnail

The Best Credit Card Processing Companies (In-Depth Review)

Neil Patel

Furthermore, with tech, there’s likely to be a glitch or an issue at some point. The reason being, the longer your payment processor is down, the more sales you lose. 2 – PayPal Commerce Platform Review — The Best for Individuals & Low-Volume Sellers. User Experience.

article thumbnail

Alternative Payment Methods for Accepting Payments

Subscription Flow

This alternative online payment method is especially suited for those businesses whose customer base is tech-savvy, international, and wants privacy in their transactions: You need a tech-savvy client (e.g. Mobile Payments This is a form of payment that is especially popular in the poorer regions of the Global South.

article thumbnail

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

Stax

According to Forbes , “mobile payments are increasingly being used by U.S. shoppers as customers become more comfortable with the technology.” As stated by countless resources, mobile is the direction the payment technology space is heading.

article thumbnail

Vantiv Worldpay Merchant Services by FIS

Stax

Worldpay states that its focus is on innovative, secure, and reliable payment solutions that cater to the evolving needs of customers. By leveraging cutting-edge technology and a deep understanding of the payments landscape, they ensure that clients can navigate the complexities of global payments with ease.