ISO Payment Processing Basics
The number of people who pay by cash at business establishments is significantly low. With the technological revolution making it possible to pay with a simple tap of the credit card or using Apple Pay, more and more consumers are moving towards digital payments. This is seen as a more efficient way to pay during the pandemic as you could go completely contactless with your transactions. But from a merchant’s perspective, is the transition easy? How would a medium or small-scale enterprise go digital without using third-party apps like Paypal, which charge a fortune in terms of transaction fees?
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