Abrahamparker

Keeping business finances streamlined and organized is essential to a successful company. However, if you’re not careful, it’s easy to get overwhelmed and lose track of important details. One way to streamline efficiency is to transfer more responsibility and accountability to budget holders outside of the finance department. Another way is to automate the budgeting process. Payment Processors A payment processor, also called a payment facilitator or merchant services provider, acts as an intermediary to authorize and settle payments made using debit and credit cards. These services are used by retailers, eCommerce sellers, and others who sell goods or services to consumers. Payment processors can also scan checks to capture data digitally (often referred to as remote deposit capture or RDC), process single and recurring ACH transactions, process remittance payments and Web payments. When evaluating potential payment processing providers, compare their per-transaction fees as well as