Signature Payments Blog

Payments industry topics, trends and current events.

What is an Echeck?

What is an Echeck?

An eCheck or electronic check is an electronic version of a paper check. Instead of paying with a traditional check, the payment processes online through Automated Clearing Houses also called ACH. Customers who select an eCheck as their payment option enter their bank...

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Low Risk vs High Risk Payment Processing

Low Risk vs High Risk Payment Processing

Are you looking for a low risk merchant account for your business? Banks and payment suppliers will assess the risks connected with your company and choose whether they can accept your application for payment processing. Low Risk Merchant Account In case that they...

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Electronic Card Payments

Electronic Card Payments

Electronic card payments, also known as "card-not-present" (CNP) payments, are transactions in which a customer pays for goods or services using a payment card, such as a credit or debit card, without physically presenting the card to the merchant. Electronic card...

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Cash Discounting Payment Processing

Cash Discounting Payment Processing

Cash discounting is a payment processing method that allows merchants to offer customers a discount for paying with cash. This approach is designed to encourage customers to use cash instead of more expensive forms of payment, such as credit or debit cards, which...

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What Is Surcharging?

What Is Surcharging?

What is Surcharging? Surcharging, also known as "checkout fees," is the practice of charging customers an additional fee for using certain forms of payment, such as credit cards. While surcharging has long been a controversial practice, it has become more common in...

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Instant Merchant Boarding for Payment Facilitators

Instant Merchant Boarding for Payment Facilitators

With so many digital payment options out there, it's no wonder that merchant account providers are scrambling to stay competitive. But how can they do this? By streamlining the process of onboarding new merchants and making it faster and easier for them to get set up...

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What Is A Merchant ID Number?

What Is A Merchant ID Number?

A merchant ID number, also known as a MID is a personal number banks use to identify your payment processing account. It’s comparable to an individual’s social security number, but in this case, it identifies a bank account. Accepting card payments such as credit,...

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