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Contactless payments allow both merchants and cardholders to save time, providing a handy payment tool. Contactless payments are often referred to as near-field contact or NFC payments, as they are based on the NFC technology which works as follows. Once a card gets into the magnetic field of the terminal, card data is read by […]

Date posted: January 13, 2016 | Author: | Comments Off on Contactless Payments Demystified

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What are the options for a merchant when a batch of transactions gets declined? How can a business improve transaction approval rates? How can a merchant avoid unnecessary per-transaction processing costs? Why is it preferable to aggregate charges coming from the same merchant on a customer’s bank statement? The article on credit card batch processing […]

Date posted: August 12, 2016 | Author: | Comments Off on Credit card batch processing optimization

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