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NFC (near field communication) Mobile Payments are the way mobile devices and the NFC-enabled point-of-sale systems work together to process transactions. The way to complete a transaction is by entering their debit card, credit card, gift card, and sometimes ACH banking information using a smartphone or tablet.
Stripe and PayPal are two of the best-known and most reliable payment processors in the ecommercemarket. Stripes Payment processing tools include access to: Credit card, ACH, and localized payment support. plus 30 cents for online sales. for ACH transactions. Stripe vs PayPal: Getting to Know the Brands.
PayPal also provides international payment options and has a strong presence in the e-commercemarket. It offers a suite of tools, including point-of-sale solutions, online payment processing, and invoicing capabilities.
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