Stax

MAY 7, 2024

With credit card transaction volume hitting over $9.5 trillion in the US in 2022, accepting card payments is no longer a question of whether to, but how to. These fees also vary depending on the card network. Is it worth it for small businesses to accept credit cards, considering the fees?

Merchant Services 88

Merchant Services Payment Services Payment Methods Accept Credit Card Payments 88

Stax

APRIL 18, 2024

The parties involved in processing a credit card transaction: Cardholder: The individual or entity holding the credit card and initiating the transaction. Merchant: The business or entity selling goods or services and accepting credit card payments.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

APRIL 2, 2024

Credit card processing fees are expensive. In 2022, industry data shows that credit card companies earned a whopping $126.4 While some businesses have accepted swipe fees as a way of life, small business owners may struggle with remaining profitable while also providing a range of payment options.

Merchant Services 88

Merchant Services Payment Methods Payment Services Accept Credit Card Payments 88

Stax

JULY 16, 2024

Consumers are increasingly opting for debit and credit cards or other digital payment methods—for in-store and eCommerce purchases alike. A study by the Pew Research Centre found that in 2022, 41% of consumers didn’t use cash for weekly purchases of essentials like groceries and gas.

Payment Services 88

Payment Services Merchant Services Payment Methods compliance 88

Stax

JULY 5, 2024

Did you know that credit cards accounted for 31% of all payments in 2022? Credit cards are ubiquitous, and no business (regardless of its size) can afford to ignore credit card payment processing in the current landscape. Out of this, a whopping $126.35

Merchant Services 68

Merchant Services Payment Methods Point of Sale Payment Services 68

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NOVEMBER 8, 2023

A 2022 survey by the Pew Research Centre found that 41% of consumers don’t use cash for weekly purchases like gas, meals, and groceries. This figure used to be 24% in 2015 which makes it evidently clear that card usage is on the rise. With CardX, businesses can apply the appropriate surcharges so as to not drive away customers.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JANUARY 15, 2024

Swipe fees have doubled in a decade and increased by 20% since 2022. Credit card surcharging can help offset these expenses, but it can be tricky. It’s mandatory for all merchants and service providers that accept credit card payments. No surprise there.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88