For many businesses, waiting days for payments to clear can be more than a minor inconvenience. Enter instant payouts; a game-changing solution that gives businesses access to their money in real time, 24/7/365.
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The world of payments is moving fast, and one of the newest innovations reshaping how merchants accept transactions is Tap on Phone. In Xplor Pay’s latest webinar, our team explored what Tap on Phone is, why it matters, and how SaaS platforms can offer it through their mobile app to deliver more value to their merchants.
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A Card on File (CoF) transaction is a type of payment where a cardholder authorizes a merchant to securely store their credit or debit card information for future purchases. As a card-not-present (CNP) transaction, it allows payments to be processed without requiring the physical card at the time of purchase.
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