PayDiverse Blog

Read our guide on the underwriting process, explain why it matters, and share practical tips to increase your chances of getting approved with the best possible terms.

Discover the key players—cardholders, merchants, processors, banks, and card networks— & learn how transactions flow from start to finish.

Read our guide on the underwriting process, explain why it matters, and share practical tips to increase your chances of getting approved with the best possible terms.

In this post, we’ll break down the role of a merchant payment consultant, explore the benefits of working with one, and discuss why businesses should consider merchant payment services.

In the ever-evolving landscape of payment transactions, one often underestimated aspect is the billing descriptor, a crucial element that can influence a company's profits and customer interactions. Understanding Billing DescriptorsSo, what precisely is a billing...

The payment processing industry has changed beyond recognition numerous times, and it’s undergoing another revolution thanks to the power of AI. Payments will be tailored to consumers preferences, with support available around the clock, small companies operating globally and fraud getting detected with pinpoint accuracy at lightning speed.

Cryptocurrencies have been gaining popularity over the past few years, with more businesses than ever before accepting cryptos like Bitcoin and Ethereum as a form of payment. In fact, more than 15,000 businesses around the world were accepting Bitcoin as of June,...

The Credit Card Competition Act 2022, recently passed by the US Congress, is set to revolutionize the way merchants and consumers interact with credit cards. It brings significant changes to credit card fees, reward programs, and other features that the industry has...

If you've ever had anything to do with a retail or service business, there's a good chance you've heard the term 'virtual terminal' thrown around a time or two. But what does it mean? How do virtual terminals work and is this modern payment processing solution...

As of 2020, an estimated 468 billion credit card transactions were processed daily. Brands like Visa, MasterCard and UnionPay are responsible for the bulk of these transactions, which occur between acquiring banks and issuing banks. Acquiring Bank: An acquiring bank...