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Payment processor: Definition, types, and examples

Payrix

Many technologies and services are involved from POS terminals to card networks to payment gateways so its essential that the payment processor can work closely with them to help authorize and settle every transaction as securely, efficiently, and quickly as possible and stay in compliance with regulations and industry standards.

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Payment processor: Definition, types, and examples

Payrix

Many technologies and services are involved from POS terminals to card networks to payment gateways so its essential that the payment processor can work closely with them to help authorize and settle every transaction as securely, efficiently, and quickly as possible and stay in compliance with regulations and industry standards.

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Master merchant: Definition, types, and examples

Payrix

Enabling small businesses to accept payments through a SaaS platform or integrating payments into physical point-of-sale experiences, the master merchant can create seamless experiences for both merchants and their customers. What industries commonly use the master merchant model?