Top Payment Processing Service Provider in Europe | WebPays.com

  In a world where plastic reigns supreme, credit card transactions have become the lifeblood of businesses, both big and small. According to Forbes Advisor Survey, credit card payments account for a whopping 36% of all transactions in the US. Globally, credit cards are the 2nd most liked payment method among online shoppers. A business can not thrive in the evolving market without accepting credit card payments. However, the concept of merchant accounts can be daunting, leaving many entrepreneurs wondering if they can accept credit card payments without a merchant account. To provide merchants with the answer to the question, we compile this blog. Be with us to know your answer. What is a Merchant Account? Before we unravel the alternatives, let's briefly know the merchant account. A merchant account is essentially a special kind of bank account that allows businesses to accept credit and debit card payments. It acts as an intermediary between the business, the customer, and t...

Starting your credit card processing company can be a lucrative venture in today's digital economy. Credit cards are one of the most liked payment methods in the world. As of now, 2.8 billion credit cards are being used in the world. According to the Nilson Report , in 2022, the total amount of goods and services purchased using credit, debit, and prepaid cards, along with credit card cash advances and debit card withdrawals, broke all records and reached $40.64 trillion. With the increasing reliance on electronic payment methods, businesses of all sizes are constantly seeking secure and efficient payment processing solutions. By entering this industry, you can tap into a growing market and provide valuable services to merchants while generating a reliable stream of income. Basics of Credit Card Processing Credit card processing is the electronic mechanism that allows businesses to accept and process payments made by customers using credit cards. It involves the secure transm...

  B2B is a terminology used for business-to-business, which means one business dealing with another business. In this, one business that sells is called the seller, and the other business that receives (buyer) is called the merchant. In fact, the B2B trade has the lion's share in global trade. As per UNCTAD, global B2B e-commerce had a value of $21.8 trillion in 2019, accounting for 82% of all e-commerce, which includes both electronic data interchange (EDI) transactions and sales across online marketplace platforms. This is why B2B payments are the financial backbone of the business world. They encompass a complex web of transactions and techniques that facilitate the exchange of goods and services between businesses. They smoothen the payment system between businesses. To understand more deeply, read this blog, as we'll delve into the intricacies of B2B payments, exploring various payment methods and shedding light on key terms that every business professional should be fam...

In today's digital age, accepting credit card payments has become the norm for businesses. But do you know who allows businesses to accept credit card payments? It is a credit card processor, sometimes called a credit card payment processing provider, an acquirer, or a merchant service provider. It is the entity that allows businesses to accept credit card payments by offering services such as credit card merchant accounts and payment gateways. And you know? There is a plethora of options available that make it challenging to choose the top credit card processor for your business. But you need not worry, as in this blog post, we listed 4 most essential aspects to consider when selecting the top credit card processor .   Let's see them: (.1)         Fees and Pricing Structure: One of the primary considerations when selecting a credit card processor is the cost involved. Credit card processors charge fees for their services, and these fe...