What are CNP fees and how do they work?

CNP stands for card not present. CNP fees are a type of transaction fee that merchants pay when they accept credit or debit card payments without physically swiping or inserting the card into a card reader. This type of fee is charged because of the increased risk of...

What are eChecks and how do they work?

An eCheck, also known as an electronic check, is a digital version of a traditional paper check. This payment method is popular among consumers and businesses as it enables secure, efficient, and convenient money transfers without the need for physical checks or cash....

What Is Recurring Billing?

Recurring billing is a payment process that can be set up to charge customers for goods or services at regular and predefined intervals. These intervals can be weekly, fortnightly, monthly or yearly, or any intervals you decide. As a business owner, you may have heard...

What Is A Cashless Society?

Cashless Society For many years, the idea of a cashless society was a science fiction idea. But now it has become increasingly apparent that cashless is the way of the future. This raises an important question, what does a cashless society look like? Here are some...
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