Customers can now pay online via their bank accounts with Bank of America’s new ‘Pay by Bank' feature, which means no credit/debit card or user setup is needed. This Open Banking product provides a simpler, faster, and safer checkout experience. However, the adoption of the service is limited mainly in the...
What is a Good Credit Card Processing Rate?
Today, the importance of credit card processing rates cannot be overstated. Therefore, businesses need to find ways to manage costs, enhance profitability, and provide a seamless customer payment experience. In this guide, we will dissect the landscape of credit card processing rates in the United States, complete with favorable rates...