Merchants are charged a fee for the processing services that enable them to accept cards as payment. This fee, called the “merchant discount” or “discount rate,” is...Learn More
Check by Phone or “checks by phone” is the patented process of recreating and printing a check without having the original paper check. Check by Phone payments are remotely authorized and do not require the signature of the payer. Learn more about Check by Phone here.
Lockbox refers to banking in which the funds are placed in a physical storage unit (such as a post office box). A bank would then visit the...Learn More