At its core, a credit card transaction is a multi-step process initiated when a customer uses their credit card to make a purchase.
Rather than paying a fixed monthly or yearly fee, prorated billing accounts for the specific duration or portion of a billing cycle during which a service or product is used.
The way businesses handle payments can significantly impact their bottom line and customer satisfaction. Pros and Cons of Integrated Payment Systems vs. Standalone Credit Card Terminals
One of the most critical aspects of modern business operations is the ability to accept payments seamlessly and securely.
A SaaS payment gateway serves as a bridge between customers, businesses, and financial institutions, ensuring that payments are processed securely, accurately, and swiftly.
High credit card processing fees can eat into your margins, reduce your net income, and ultimately limit your ability to invest in growth opportunities.
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