Sentences with phrase «for electronic payment processing»

Widening interest in online shopping has also helped spur demand for electronic payment processing.

Not exact matches

For starters, it's one of the best digital wallets on the market that gives your business the power to to move electronic cash to another business in the U.S. Due also offers credit card processing so that you can receive payments either online or offline in just a couple of days.
Currently, Bitcoin averages about 60,000 transactions per day.4 VisaNet, the electronic payment processing network used by Visa, handles more than 150 million transactions daily from 2.1 billion Visa cards and over 2 million ATMs.5 It can do this because it charges fees for the resources required to operate its servers.
The way Payment Service Providers (PSPs) offer online businesses their services for accepting and processing electronic payments is changing.
The company's proprietary platforms enable integrated solutions for all payment types, including credit, debit, prepaid stored value and electronic check processing; as well as digital, alternative and mobile payment options.
The company's proprietary platforms enable integrated solutions for all payment types, including credit, debit, prepaid stored value and electronic check processing; as well as alternative and mobile payment options.
They are «usable as payment to indefinite parties for the cost of purchase or rent of items or receipt of services and which can be transferred by means of electronic data processing systems», the exchange describes, adding that:
As a result of advances in the check collection process, including the electronic exchange of check information, your checks will be presented for payment against your account much more quickly than in the past, thereby reducing the time you have for requesting a stop payment order before a check is paid.
A mortgage is a secured debt instrument with no leeway — if your payment is $ 2,000 / month and the mortgage servicer knows they're going to get it from you, what incentive do they have to pay perhaps a 1 % ($ 20) discount fee for processing your payment every month when it costs them a few pennies to process your check or electronic payment?
ECSI's software handles electronic payments, e-signatures for master promissory notes, online entrance and exit interviews, a credit bureau reporting mechanism, and IRS 1098 processing.
They include: Rent Reporters (one - time enrollment fee of $ 45.95, then $ 9.95 per month, reports to TransUnion credit bureau); Rental Kharma ($ 40 setup fee, then $ 9.95 per month, reports to TransUnion); RentTrack ($ 2.95 per month, sometimes offered through landlords, reports to all three credit bureaus); ClearNow (debits rent from your checking or saving account, reports to Experian); PayYourRent (variable fees, reports to TransUnion and Experian); ERentPayment ($ 3 transaction fee for processing electronic rent payments, reports to all three credit bureaus).
If your electronic bill payment was already processed, you must contact the payee for a refund.
When setting up with another bank an ACH Payment, ACH Credit, or arranging for Direct Deposit to your Smart Money Market Account or Smart Savings Account, for electronic processing purposes please designate «Checking» as the account type.
We do not consider a financial institution to be acting on behalf of a covered entity, and therefore no business associate contract is required, when it processes consumer - conducted financial transactions by debit, credit or other payment card, clears checks, initiates or processes electronic funds transfers, or conducts any other activity that directly facilitates or effects the transfer of funds for compensation for health care.
We note that we do not consider a financial institution to be acting on behalf of a covered entity, and therefore no business associate contract is required, when it processes consumer - conducted financial transactions by debit, credit or other payment card, Start Printed Page 82505clears checks, initiates or processes electronic funds transfers, or conducts any other activity that directly facilitates or effects the transfer of funds for compensation for health care.
The Transactions Rule adopts standards for electronic health care transactions, including two for processing payments.
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