Credit cards are an essential component of our daily life in the digital age since they make shopping easy and safe for us. However, when you swipe, dip, or tap your credit card, what actually happens behind the scenes? This…
Payment gateways are an essential component of any online business that processes payments. They act as a bridge between the merchant and the payment processor, facilitating secure and fast online transactions. With the increasing popularity of e-commerce, there are many…
In today’s digital age, online payments have become increasingly popular, and businesses need to choose a reliable and secure payment gateway to process payments. One such payment gateway that has gained popularity over the years is NMI (Network Merchants Inc).…
Pricing based on an interchange-plus model is a form of pricing strategy that is frequently utilized in the sector of payment processing. Pricing in this manner is often referred to as cost-plus pricing or interchange pass-through pricing. Under this approach,…