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Recurring Payments: Definition, Types, and Benefits

5 min.

|

20 Nov 2024

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by

Paloma Molina

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Meet Revup: The revenue optimization orchestrator turning payment challenges into growth

Industry

Macropay Payment Orchestrator has officially rebranded as Revup, marking a new era in revenue optimization. Built from over a decade of payments expertise, Revup puts merchants in control with token ownership, adaptive routing, and revenue-first features proven to recover nearly a quarter of failed transactions.

Barcelona, [1st September] - Revup, a revenue optimization orchestrator that helps merchants turn payments into profits, officially launches today. What began as an internal solution to streamline payments has evolved into a global platform designed to help businesses recover more revenue, strengthen compliance, and scale with confidence.

Illustration of a shop and a square showing the Merchant ID number

Merchant ID: What It Is, How It Works, and How To Get It

Industry

Did you know that large restaurant chains or retailers with multiple locations often use different MIDs for each point of sale or line of business?

This approach not only helps them optimize payment management but also enables detailed sales tracking and more efficient risk management.

Discover how this simple identifier can revolutionize the way you handle your transactions and improve your payment processes. Here’s everything you need to know.

Illustration of a card making a physical payment with a T.P.V.

How Does the Credit Card Payment Process Work?

Payment Processing

Accepting credit card payments is critical for any business looking to grow and stay competitive.

However, behind every card transaction lies a complex process involving multiple players, such as issuing banks, acquirers, and payment processors.

Understanding how this system works helps you:

  • Optimize business operations
  • Minimize risks
  • Reduce costs
  • Improve customer experience

In this article, we break down each stage of card payment processing and explain how understanding it can help you drive your business forward.

Image of a calendar depicting a cycle of recurring payments.

Recurring Payments: Definition, Types, and Benefits

Industry

Did you know that some of our recurring customers have increased their profits by 20% as a result of a good retry strategy?

In this article, you’ll find out how you can transform your business model by applying recurring payment processing and increasing your profit.

An illustration of a hand with a card. Illustration of hands using Revuppayments like it was an orchestra conductor.Illustration of hands making a circle representing the cycle of a chargeback.

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