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  2. Payment processor - Wikipedia

    en.wikipedia.org/wiki/Payment_processor

    Payment processor. A payment processor is a system that enables financial transactions, commonly employed by a merchant, to handle transactions with customers from various channels such as credit cards and debit cards or bank accounts. They are usually broken down into two types: front-end and back-end. Front-end processors have connections to ...

  3. Square (financial services) - Wikipedia

    en.wikipedia.org/wiki/Square_(financial_services)

    Square charges a fee of 2.6% plus $0.10 on every electronically scanned credit card transaction [41] or 3.50% plus $0.15 per manually-entered transaction. No monthly or set-up fees are charged. The firm claims that its costs are, on average, lower than the costs charged by conventional credit card processors. [42]

  4. Merchant account - Wikipedia

    en.wikipedia.org/wiki/Merchant_account

    A typical credit card terminal popular in 2005, now typically out of use and of a style/era usually non-compliant per PCI-DSS standards. A credit card terminal is a stand-alone piece of electronic equipment that allows a merchant to swipe or key-enter a credit card's information as well as additional information required to process a credit card transaction.

  5. Wave Financial - Wikipedia

    en.wikipedia.org/wiki/Wave_Financial

    Invoicing by Wave is an offshoot of the company's earlier accounting tools. Additional products launched on or shortly after the company's rebrand [16] in December 2012 include: a credit card processing tool, Payments by Wave, built initially on integration with Stripe credit card processing. However, Wave does not report merchant fees ...

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  7. Square Gets a $200 Million Valuation: Is This the Next PayPal?

    www.aol.com/2011/01/03/square-200-million...

    Here's the backstory on Square: For small stores, farmers market stalls, or even service providers, Square makes it much easier to accept credit cards. It provides a nifty dongle credit card ...

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