One of the simplest ways that subscription-based businesses can improve the shopping experience is by enabling a faster checkout. Tokenization makes this possible by storing customer payment details. Tokenization is a way of securing financial data. It replaces sensitive credit card information with a non-sensitive equivalent, called a token. Mobile payment providers such as Google Pay and Apple Pay are already using tokenization.
Considering Contactless Payments? Here's What You Should Know.
May 11, 2020 at 2:00 PM
Anytime a small business considers adopting a new technology, they should consider the needs of their customer. Given the rise in mobile wallet usage, stores of all sizes will have to address the issue sooner than later - and decide if they will adopt it.
What is P2PE (Point-to-Point Encryption)?
May 4, 2020 at 9:00 AM
Point-to-Point Encryption (P2PE) is a critical technology used to protect credit card data from being breached. While P2PE has been around for many years, only PCI Validated P2PE technologies have been tested to rigorous standards and should be trusted to reduce risk and PCI DSS scope as a merchant.
COVID-19 and Your Business Credit Limit
April 9, 2020 at 6:38 PM
Any part of running a business includes having a merchant account. You have to be able to make and take payments, and in turn, use those funds to pay your employees and vendors. But, what do you do if the money submitted isn’t going to your bank, but instead is being held for credit review?
Payment Processing: The Primary Players
March 16, 2020 at 12:53 PM
As part of our series, "Understanding the Ins and Outs of Credit Card Processing" we explain who the primary players are in the payment process.
Four Reasons to Consider Moving your Merchant/Gateway Partner
February 21, 2020 at 6:38 PM
Why consider switching merchant/gateway partners this year? What are the benefits? There are several. To make it easy, we've highlighted the top four reasons:
What is a Payment Gateway?
February 5, 2020 at 12:18 PM
As part of our series, "Understanding the Ins and Outs of Credit Card Processing" we explain what a payment gateway is and its importance in the payment process.
Four things to look for in a gateway partner
January 24, 2020 at 10:00 AM
During the past few years, payment gateways have taken off, making online payments for products and services the favored payment method for consumers when making a purchase. Reoccurring payment companies such as Stitch Fix and Barkbox have driven the payments industry to another level, too.
Charitable Organizations Save with Payway
December 1, 2019 at 1:45 PM
This time of year, more and more people find it in their hearts and wallets to donate to various charities.
We Give Thanks: Milestones, Mullets and More
November 4, 2019 at 4:50 PM
It’s the time of year when people gather and give thanks. We’d be remiss if we didn’t partake in this tradition, especially since this year we’re a smidge more grateful than usual. We recently celebrated our 35th year in business. We didn’t make a big fuss, mind you. We simply reflected on how fortunate we are to be in an industry that’s ever evolving and to have customers who continue to trust us for their payment processing needs.