A critical aspect of modern business, merchant receivables enable businesses to accept various forms of payments from their customers, including credit and debit cards, electronic checks and digital ...

Accepting credit cards requires a payment processor like Square or Stripe, a merchant account, and hardware like POS ...

Merchant accounts are essential if you want to run a business that accepts debit and credit card payments. Not doing so can impede on your ability to attract customers and grow your business. Luckily, ...

Global merchant payment processing and acquiring net revenue surpassed $91 billion in 2023, and is on pace to exceed $171 billion by 2030, according to S&P Global Market Intelligence’s 451 Research.

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High Plains Bank has established a new affiliate company, Craft Financial Group, which aims to provide a suite of merchant and payment-processing solutions to small businesses. Chris McVay, former ...

The process by which a business collects payment from a credit card transaction involves two steps, authorization and settlement, and three key players: customer, issuing bank and merchant. Many, or ...

A merchant account is essential for businesses that accept payment. It acts as a bridge between customer payments and your merchant’s business bank account. When a transaction occurs, funds first ...