Did you know the global e-commerce market is growing fast? It's expected to increase by 15.5% each year from 2021 to 2027. To succeed, e-commerce businesses need to use local payment methods. This includes digital wallets and regional options like…
Did you know that up to 90% of hotel and car rental businesses use preauthorization holds? This is to make sure the customer's payment method is good. To "Preauthorize Credit Card" means holding funds without actually charging the card. This…
Did you know that businesses pay nearly $130 billion a year in credit card fees? This shows how vital it is to understand pass through fees in business. For many merchants, dealing with payment processing costs can be tough. It's…
Did you know that nearly 60% of new businesses fail in high risk industries? This is often due to regulatory and financial hurdles. High risk industries face a higher chance of operational, regulatory, and reputational risks. These sectors are identified…