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. Learn how to achieve payment processing compliance when surcharging to improve your company’s financial stability and reputation. Encouraging Alternative Payment Methods.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

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. It’s one of the many ways that businesses can reduce the cost of processing card payments.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JULY 16, 2024

Cash payments are passé. 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

APRIL 18, 2024

With cashless now BEING king, credit and debit cards are the primary method for your customers to make payments. of consumer payments came through card payments. And electronic payments were at 14.2%, closing in on cash at 15.5%. Credit card and debit card payment processing fees apply to them all.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

MAY 7, 2024

Cashless transactions have dethroned the age-old cash payments. 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.

Merchant Services 88

Merchant Services Payment Services Payment Methods Accept Credit Card Payments 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. Learn More What Are Non Cash Adjustment Fees?

Merchant Services 68

Merchant Services Payment Methods Point of Sale Stax 68