Stax

MARCH 18, 2025

According to the US Federal Reserve in 2022, general-purpose card payments reached $153.3 It links the merchants eCommerce store or point of sale (POS) system and the financial networks involved. billion transactions and $9.76 trillion in value. As a business owner, you just cant afford to ignore these statistics.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

NOVEMBER 6, 2023

Thankfully, with mobile payments from Stax , you can quickly accept and process payments from your customers. Learn all about mobile payments and why you may want to consider joining the Stax family to streamline payments and boost your small business’ productivity. According to Statista, in 2022, there were 2.8

Merchant Services 88

Merchant Services Payment Methods Mobile Payments Payment Services 88

Stax

JULY 5, 2024

Did you know that credit cards accounted for 31% of all payments in 2022? In-store personnel, especially those at points-of-sale, should be educated on cash discounting and surcharging, so they handle customer queries better and resolve payment issues faster. Learn More What Are Non Cash Adjustment Fees? Let’s take a look.

Merchant Services 68

Merchant Services Payment Methods Point of Sale Stax 68

Stax

APRIL 18, 2024

Payment Gateway: A service provider that facilitates communication between the merchant’s POS system and the acquiring bank’s payment processing system. The merchant’s point-of-sale (POS) system sends an authorization request to the acquiring bank (also known as the merchant bank) via a payment gateway.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

APRIL 2, 2024

In 2022, industry data shows that credit card companies earned a whopping $126.4 Best Practices When Creating Your Surcharge Sign When deciding on what kind of wording to use, keep in mind that you need to have two signs: both a point-of-entry disclosure and a POS disclosure. Contact us to get started with CardX by Stax today.

Merchant Services 88

Merchant Services Payment Methods Payment Services Accept Credit Card Payments 88

Stax

FEBRUARY 15, 2024

According to the Pew Research Institute , in 2022, a whopping 41% of Americans said they don’t use cash at all for any of their weekly purchases—a significant jump from 29% in 2018. FIS Global reports that in Norway, Sweden, and other Scandinavian countries, more than 90% of transactions processed at point-of-sale (POS) in 2023 were cashless.

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 88

Stax

MAY 7, 2024

trillion in the US in 2022, accepting card payments is no longer a question of whether to, but how to. Terminal or equipment fees – Small businesses often lease or purchase payment processing equipment, such as point-of-sale (POS) systems or credit card terminals. Or paid for your groceries using hard cash?

Merchant Services 88

Merchant Services Payment Services Payment Methods Accept Credit Card Payments 88