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Top 40 Credit Card Processing Terms to Understand

Top 40 Credit Card Processing Terms to Understand

Merchants have successful businesses to run and rarely is there time to learn the numerous credit card and payment processing terms that make up the payments industry. Informed merchants are better positioned to negotiate lower rates and improve overall service. We have created this list of the top 40 payment processing terms as a quick and easy reference guide for industrious merchants. Our thought process is simple: the more you understand about the most common and confusing terms, the better prepared...

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What is ACH Payment Processing?

What is ACH Payment Processing?

What's ACH?

ACH, or Automated Clearing House, is the technology that processes electronic financial transactions between all banking and financial institutions throughout the U.S. and is governed by Nacha. Within the network, ACH payments are composed of two electronic payment types: ACH debit (e.g., bill payments) and ACH credit (e.g., direct deposits such as refunds, government benefits and more). 

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B2B Payments and Commerce for Distributors in a Digital First World

B2B Payments and Commerce for Distributors in a Digital First World

The B2B eCommerce space is in full swing with a fast and productive 2022 so far. The latest edition of Lunch Bites discusses how businesses can overcome limitations in B2B sales by leveraging integrated eCommerce solutions that help buyers in our new "socially distanced" world. David Harper, Vice President of Sales for REPAY, is joined by Karthik Chidambaram, the founder and CEO of DCKAP, a trusted REPAY partner. If anyone has insight into eCommerce resources and tools that can lead distributors to...

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REPAY Sponsors Adobe Summit Showcasing Magento Payments

REPAY Sponsors Adobe Summit Showcasing Magento Payments

Join us and other Experience Makers from around the globe at Adobe Summit 2021 — the premiere event for customer experiences! Choose from over 200 sessions and training workshops across 11 tracks and look for unique opportunities to connect.

This is a great opportunity to expand your skills, engage with other Experience Makers, and be inspired to create exceptional experiences that drive business growth and customer loyalty! REPAY will be showcasing our Magento eCommerce Integrated Payments Solution at our...

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Magento 1 End of Life (EOL) - eCommerce Payment Concerns for Merchants

Magento 1 End of Life (EOL) - eCommerce Payment Concerns for Merchants

Per the official Magento End of Life announcement, all versions of Magento 1 will no longer be supported after June 30, 2020.  Given this news, Magento 1 eCommerce sites and webstores will no longer be fully PCI Compliant with VISA guidelines starting July 1st. 

Visa recently released the “Acquirer Advisory” from Visa - and then shortly thereafter, a follow up statement by PayPal, put many merchants into a state of uncertainty and anxiety for their businesses. After all, when a megalith such as PayPal...

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New B2B Payments Integrations for eCommerce by REPAY

New B2B Payments Integrations for eCommerce by REPAY

Many companies are facing new demands by customers in the wake of the COVID-19 virus.  Businesses are facing the new normal: remote work, 100% digital, and paperless. eCommerce plays an important role in helping businesses with the new normal.

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Payment Processing Downtime Is Costly - Switch to REPAY for Sage

Payment Processing Downtime Is Costly - Switch to REPAY for Sage

There is a lot to think about when searching for a Sage payment processing provider. The process is often time consuming and complicated. Many payment processors will tell you that they can offer you the best rates but few will reveal how they set their pricing. Instead, you will often be forced to sift through deliberately confusing merchant statements while trying to find the best rates for your business and discern what hidden fees you are being charged.

Much more important than pricing, however, is...

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Savings and Security with Magento B2B eCommerce Integrated Payments

Savings and Security with Magento B2B eCommerce Integrated Payments

REPAY is a Magento Technology Partner and we recently launched our Magento eCommerce card processing integration.  We will be a Silver Sponsor at Magento Imagine, on May 13-15, 2019.  Schedule time to learn more at the event, or stop by REPAY booth #101 when you are in Las Vegas!    

The REPAY solution is seamlessly integrated with Magento to lower your transaction costs and increase your security.  The Magento eCommerce credit card integration is simple and free with the REPAY Extension for Magento 2. Merchants...

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Why B2B Payments Should be a Priority for Your Business

Why B2B Payments Should be a Priority for Your Business

Historically, business-to-business (B2B) orders have been made over the phone or in person, and a paper invoice would be issued for payment. Payment would typically not be captured until a month or so later. Once payment was finally received via the mail, it would usually take a few more days to process and apply it. This whole process from start to finish could take anywhere from one to three months. Today, B2B customers expect real-time transactions and ease of placing orders like they do in the B2C...

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