Payment Transactions: Elevate Your Business with PrismPay Solutions

In today’s fast-paced digital economy, businesses must adopt effective payment transaction methods to remain competitive. Payment transactions are the backbone of any commercial operation, enabling the seamless exchange of goods and services. As consumers increasingly gravitate towards online shopping and digital payments, businesses must ensure they are equipped with the right tools and technologies. At […]

A Comprehensive Overview of Card-Present and Card-Not-Present Transactions

Understanding the difference between card-present (CP) and card-not-present (CNP) transactions is crucial for merchants when processing payments. Each type of transaction has its own advantages, challenges, and security measures. This overview will highlight the main characteristics of both transactions, helping merchants improve their payment methods. What are Card-Present Transactions? Card-present transactions happen when the cardholder […]

Streamlining Transactions with ACH Payment Processing and PrismPay

In today’s dynamic digital transaction realm, businesses are tirelessly pursuing secure, streamlined, and budget-friendly payment methods. Amidst the multitude of choices, ACH (Automated Clearing House) payment processing emerges as a stalwart, facilitating electronic fund transfers with reliability and adaptability. Its growing popularity spans businesses of varying scales. In this thorough exploration, we navigate the nuances […]

Chip Cards

What is EMV? Chip cards are based on a global card payment standard called EMV, currently used in more than 80 countries. There are more than 3.4 billion chip cards issued across the globe How do I know if I have a chip card? If you have a chip card, the chip is located on […]

How Are Your Card Processing Fees Assessed?

Interchange fee” is a term used in the payment card industry to describe a fee that a merchant’s bank (the “acquiring bank”) pays a customer’s bank (the “issuing bank”) when merchants accept cards using card networks, such as Visa and MasterCard, for purchases. Although Visa and MasterCard determine Interchange rates, the fees are not retained […]

Notice Regarding Cellular Network Changes in the US

Avoid the scenario where you can no longer process transactions by reviewing your current terminals and checking if they will be usable moving forward. The specific terminals to look out for are listed below. If you have further concerns, don’t hesitate to contact us! Affected Mobile Terminals The S90 Credit Card Processing Terminal will be […]

Can You Afford to Give Your Credit Card Processing to the Lowest Bidder?

With 80% of online shoppers using credit cards, you can’t afford NOT to take credit cards. Did you know that merchants offering credit cards as a payment option increase their profitability by estimated 50%? With the inherent advantages involving credit card processing, should you really go with your initial instinct and choose the cheapest option? […]

Scroll to top