Payments Archives

Card-Present Transactions: A Complete Guide for Businesses

by Cheqly team | July 3, 2026 | Card Present Transactions

Today, businesses accept payments in different forms. Though digital payments are growing, physical payment methods still have their own user base. Among those physical methods, card-present transactions are one of the most widely used. They are typically more secure against counterfeit fraud because physical presence allows for stronger authentication. In fact, Visa reported an 80% … Continued

R23 Return Code in ACH Payments: Meaning, Causes, and How to Fix It

by Cheqly team | June 8, 2026 | ACH Return Code R23

The Automated Clearing House (ACH) Network is the core payment system in the United States. In Q1 of 2026, there were 403 million same-day ACH payments, which is 23.6% higher than in Q1 of 2025. The total value of those transactions is $1.1 trillion. At this scale, even a few unresolved transactions can create significant … Continued

7 Common International Payment Mistakes Small Businesses Make

by Cheqly team | May 25, 2026 | International Payment Mistakes

International payments are part of the daily routine for small businesses growing worldwide. Whether it is paying foreign contractors, suppliers from other countries, or managing remote teams, cross-border transactions are an essential part of expansion. Global payment flows amounted to $194.6 trillion in 2024, and they are expected to reach $320 trillion by 2032. However, … Continued

What Are Transaction Fees and How to Manage Them

by Cheqly team | May 11, 2026 | Transaction Fees

Electronic or digital payments are so common that businesses today can accept payments with ease. The convenience and quick nature of digital payments attract more customers and boost sales. At the same time, it comes with a hidden cost, the transaction fees. These transaction fees may seem small on a per-transaction basis. When combined over … Continued

ACH Return Code R20 and How to Avoid It – Guide

by Cheqly team | May 5, 2026 | ACH Return Code R20

ACH payments have become an integral part of the modern payments ecosystem, with 35.2 billion transactions processed in 2025. At this scale, even a small mistake can cause major disruptions. Accuracy is critical, as any errors in payment details may lead to returns and processing delays. One of the main reasons for returns is ACH … Continued