A payment gateway and a payment processor are two elements needed to safely and securely process payments. The payment gateway collects, verifies, encrypts, and transmits the information to the payment processor, while the processor facilitates the actual transaction by working with the card network and relevant banks. Learning the difference between a payment gateway and…
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Adyen vs Stripe: 2024 Price, Features & What’s Best
Adyen and Stripe are popular international payment processors with ecommerce tools, strong integrations, and in-person card terminals. Stripe, however, has more extensive integration options, better rates for non-credit card payment methods, and a slightly larger international reach. Meanwhile, Adyen offers independent merchant accounts for better stability, interchange-plus pricing for credit cards, and a more unified…
Online Banking vs Traditional Banking: What’s the Difference?
Online banking is the process of conducting financial transactions through a company’s website or mobile application. Traditional banking involves visiting a physical banking location—a branch or an ATM—to conduct transactions. Many modern banking institutions now operate exclusively online. Because these providers lack brick-and-mortar branches, they pass their savings to their customers through lowered fees and…
The Difference Between Accounting and Bookkeeping
Accounting and bookkeeping are related processes in the field of financial management, but they differ in their scope, tasks, and focus. While bookkeeping is primarily about recording transactions and maintaining accurate records, accounting involves a more comprehensive analysis of financial data to support strategic decision-making for businesses and organizations. Key Differences Between Accountants vs Bookkeepers…
Gusto vs Square Payroll: Which One Better in 2024?
When it comes to small business payroll processing, two of the popular payroll solutions available on the market are Gusto and Square Payroll. While both can help streamline the way you pay employees, Gusto offers more HR payroll solutions, such as international contractor payments, applicant tracking, and performance management. Square Payroll may not have advanced…
Square vs PayPal: Price, Features & Which Is Best in 2024?
Square and PayPal are popular tools for accepting payments and work well for most small businesses. Both can serve as merchant services providers and point-of-sale (POS) and ecommerce platforms. The primary difference lies in what they do best. While both offer free POS systems, Square’s is more feature-rich and has add-on software to grow with…
Dialpad vs Vonage: Which Is Better for Small Business?
After evaluating Dialpad vs Vonage, Dialpad emerged as the winner, streamlining call management through artificial intelligence (AI) tools. It offers more affordable subscription plans, a wider range of third-party integrations, and excellent messaging features, including international short messaging service (SMS). On the other hand, Vonage is ideal for businesses looking to customize their phone system…
Zoom vs Zoho Meeting: Which Is Better for Small Business?
Our Zoom vs Zoho Meeting comparison found both video conferencing solutions offer essential meeting and collaboration features, such as in-meeting chat, screen sharing, and virtual background. However, Zoom won over Zoho Meeting because of its rich integrations and more robust meeting features, especially recording and storage. On the other hand, Zoho Meeting is an excellent…