2023 Point of Sale Stax 
Stax
MARCH 13, 2025
In 2023, 27% of all point-of-sale (POS) payments were made using credit cards while 23% were made with debit cards. Transactions at points-of-sale where a customer physically swipes or inserts their card have lower interchange fees. Transaction type Again, the larger the risk, the higher the interchange fee.
Stax
MARCH 18, 2025
On top of that, 69% of Americans online in 2023 said they used digital payment methods to make a purchase. It links the merchants eCommerce store or point of sale (POS) system and the financial networks involved. According to the US Federal Reserve in 2022, general-purpose card payments reached $153.3 trillion in value.
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Stax
JULY 30, 2024
billion in fees for accepting Mastercard and Visa credit cards in 2023. This is where partnering with a payment processing provider like CardX by Stax can be especially useful. Brick-and-mortar stores have to install signage at every point of sale (POS) and entrances that explain surcharge fees to customers.
Stax
JULY 25, 2024
Years ago, point-of-sale (POS) systems were reserved for large enterprises with big budgets. Today, a small business is barely complete without a POS system. If you feel left out, the good news is that there’s a POS system out there ideal for your business. Finding one for your business can be overwhelming.
Stax
DECEMBER 6, 2024
The FIS and Worldpay Separation in 2024 Despite the high expectations following the merger, FIS announced in 2023 that it would be spinning off Worldpay into a separate company. Stax and Worldpay: A Powerful Partnership Stax is one of the largest Independent Sales Organizations (ISOs) partnered with Worldpay.
Stax
APRIL 30, 2024
Depending on the business type, merchant processing solutions are of two types: Point-of-sale (POS) systems POS systems are a popular payment collection system, with more than 93,300 companies using them in the US alone. In comparison, POS systems are ideal for businesses that operate from one single location.
Stax
SEPTEMBER 17, 2024
In fact, research from 2023 shows that 69% of Americans said they’ve used a digital payment method in the past 3 months when making a purchase. It’s also the software in your POS system or card readers that processes the customer’s payment data in a brick-and-mortar setting. A payment gateway is a must-have for online stores.
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