Paystand Blog

Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.

How Visa Interchange Rates Are Changing in 2020 and What That Means for Merchants

Earlier this year, Visa announced the biggest change to its interchange rates in 10 years. Under the new restructuring, credit card processing fees are either going up or down depending on your company's merchant category and how your customers swipe their card. This could have a huge impact on any business that has been hit hard by the pandemic.

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Daniella Bourguetts Daniella Bourguetts on September 8, 2020

merchant fees, Payment Processing

What is a virtual expense card?

Virtual expense cards are like prepaid cards that employees can use to securely make purchases online and over the phone. These cards work exactly the same way as physical cards and allow businesses to issue 16-digit card numbers in just a few clicks. To the merchant, the transaction looks no different than any other payment, but neither the employee nor the merchant has access to your bank information, adding a layer of security to the transaction.

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Eduardo Lopez Eduardo Lopez on July 16, 2020

ecommerce, magento, payment gateway, Payment Processing, Integration

What to Look for When Choosing a Payment Integration for NetSuite

NetSuite is a complete, scalable cloud ERP (enterprise resource planning) solution targeted at high-growing, mid-sized and large enterprise businesses. Various integrations have been created to improve the digital automation of your financial cycle, an area that is critical. In this article, we'll walk you through what to look  for when choosing a NetSuite payment integration.

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Eduardo Lopez Eduardo Lopez on July 9, 2020

Digital Payment, netsuite, automation, Payment Processing

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