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Glossary: 117 software-led payments terms to know

Payrix

Interested in learning more about software-led payments or joining the current Embedded Payments conversations in your organization? Terms related to integrated payment technology Application programming interface (API) A set of routines, protocols, and tools that are used for building software applications. eCheck, PayPal, etc.)

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Digital Payments: 12 Digital Payment Options to Consider Accepting in Your Business

Stax

Businesses can also streamline accounting tasks by integrating digital payment systems with their financial software, which improves accuracy and efficiency in financial reporting. mPOS systems work through smartphones, tablets, and other wireless devices to accept payments from anywhere. What makes mobile POS systems unique?

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Glossary: 117 software-led payments terms to know

Payrix

Interested in learning more about software-led payments or joining the current Embedded Payments conversations in your organization? Terms related to integrated payment technology Application programming interface (API) A set of routines, protocols, and tools that are used for building software applications. eCheck, PayPal, etc.)

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Global Payment Methods for SMEs in 2024: An All-Inclusive Guide

Subscription Flow

Smartphone payments are made possible by digital wallets such as the one offered by Apple and Google Pay, and internet gateways like PayPal and Stripe make it easier for SMEs to conduct business online. Africa: Thanks mostly to mobile technology, digital payment acceptance in Africa has seen a noticeable uptick.

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The 7 Best Mobile POS Systems for Small Businesses in 2024

Stax

Regular POS software updates and security patches are important to protect against new threats. Systems should be compatible with accounting software , eCommerce platforms, CRMs , and other operational tools that a small business or retail store might use, including loyalty solutions and other marketing tools.

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Tap to Pay: What It Is and How It Works

Stax

This short-range wireless communication technology allows data exchange between devices close to each other, typically within a few centimeters. At the front end (the POS), all-in-one providers like Stax offer hardware, software, and additional services tailored to specific industries.

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The Most Common Types of Contactless Payment Methods and How They Work

Stax

Radiofrequency identification payments Radio Frequency Identification (RFID) is a wireless communication technology like NFC. PayPal, Venmo, and Alipay). Updates payment systems and software regularly to patch potential exploits and strengthen defenses. NFC is a subset of RFID technology. Static QR codes.