Batch Payment Processing simplifies managing multiple payments and groups transactions into a single unit, ideal for payroll, vendor, or recurring payments.
Card-Present vs Card-Not-Present: Card-Present involves physical payments at a point of sale, while Card-Not-Present occurs online or over the phone.
Interchange Fee is the charge a card-issuing bank imposes on a merchant’s bank for each card transaction, covering security, fraud prevention, and services.
Money movement is transferring funds between accounts, banks & businesses. Secure payments matter—use DepositFix to simplify & speed up transactions!
Money Transmission is the process of transferring funds securely between parties via banks or services, enabling both domestic and international transactions efficiently.
Payment gateway vs payment processor: The gateway captures payments securely; the processor moves funds—each plays a vital role in online transactions.
Payment Rails are networks that move money between banks, businesses, and users—powering secure, fast transactions via ACH, cards, wallets, or blockchain.
Real-Time Payments enable instant, 24/7 fund transfers, revolutionizing transactions with improved speed, cash flow, and flexibility for businesses and consumers.
Card-on-File payments securely store a customer's card info for future use, replacing sensitive data with encrypted tokens for safety and convenience.
Payment automation streamlines invoicing, payment collection, reconciliation, and reporting, reducing errors and improving efficiency through tech integration.
Payment operations involve processes that ensure secure, efficient transactions, including initiation, authorization, processing, and settlement of payments.
Payment orchestration streamlines the payment lifecycle across providers, gateways, and methods, optimizing costs and boosting authorization rates via a unified platform.
White label payment processing lets companies offer branded payment solutions without developing the technology, commonly used in fintech and e-commerce.
A Card-Not-Present (CNP) transaction occurs when the cardholder isn't physically present, like online purchases, preventing card swipe or insertion.
A payment gateway securely processes debit/credit card transactions, encrypting data and authorizing payments between customers, merchants, and banks.
A payment processor securely handles card or digital transactions between buyers, banks, and merchants, ensuring fast and safe payment communication.
A virtual terminal is a web-based app that lets businesses process credit card payments online, without a physical POS, perfect for remote or service-based businesses.
eCheck Payment is a digital version of a paper check, using ACH to securely transfer funds electronically—faster, safer, and more cost-effective.
