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How to Accept Credit Card Payments for your Small Business

Lendio

As more American consumers utilize next-generation payment methods like touchless transactions or smartphone payments, there’s a general sense that we’re headed toward a cashless world. If you’re trying to decide whether you should accept credit card payments, it’s never been easier.

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Should I Have a Clearing Account for Every Payment Type?

Emagia

In the world of accounting and finance, managing transactions efficiently and accurately is paramount. Businesses of all sizes rely on various payment methods to facilitate their operations, whether it’s through credit card payments, checks, wire transfers, or online platforms. What is a Clearing Account?

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Trade-based money laundering: The link to terrorist financing

Abrigo

In more complex systems, TBML sellers falsify invoices to undervalue or overvalue products’ price, quantity, or quality, repeatedly import and export the same commodity, or use shell companies and third-party intermediaries to facilitate transactions. Gain confidence in your BSA program.

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The Threat of Ransomware for Financial Institutions: FinCEN Issues Red Flags

Abrigo

Processing ransomware payments includes at least one depository institution used in facilitating payments. Most transactions are requested in convertible virtual currency (CVC). After a ransom payment is made, the funds typically flow through a financial institution as a wire transfer, ACH transaction, or credit card payment.

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The Threat of Ransomware for Financial Institutions: FinCEN Issues Reg Flags

Abrigo

Processing ransomware payments includes at least one depository institution used in facilitating payments. Most transactions are requested in convertible virtual currency (CVC). After a ransom payment is made, the funds typically flow through a financial institution as a wire transfer, ACH transaction, or credit card payment.

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Payment Processing: How It Works, Explore Your Options

Lendio

Accepting credit card payment is essential for any business. Most people have at least one credit card at all times, but can the same be said for cash? A payment processing provider handles the operational aspects of accepting credit and debit card payments.

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Canada Bankcard Industry Benchmarking Trends: Q4 2022 Update

FICO Blog

Home Blog FICO Canada Bankcard Industry Benchmarking Trends: Q4 2022 Update Ready for a recession? We’re seeing credit card delinquency rates increasing, payment rates decreasing after historical highs, credit utilization rates increasing, and record high average total sales figures. Using triggers (e.g.,