2024 Accept Credit Card Payments compliance 
Stax
JANUARY 31, 2024
If your company accepts credit card payments ( which it should ), chances are, you’re going to be affected by Visa’s interchange rates. Visa is one of the biggest payment networks in the world, with ~4.2B cards currently in use. So it’s virtually impossible for a business to not accept Visa cards.
Stax
JULY 30, 2024
This was, in fact, the first time that swipe fees for these two card networks crossed $100 billion. Thankfully, implementing a credit card surcharge program can be particularly beneficial for small businesses to offset the cost of accepting credit card payments.
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Stax
APRIL 18, 2024
What is mobile credit card processing? Mobile credit card processing refers to the capability of accepting credit card payments using a mobile device equipped with a card reader and specialized software. What types of merchants need mobile credit card processing?
Stax
MAY 7, 2024
These fees also vary depending on the card network. Processor markup These are fees charged by the payment processor, which is the company that manages and facilitates credit card transactions. The average PCI compliance fees vary depending on various factors, such as business specifications.
Stax
APRIL 2, 2024
And with merchants expected to pay as much as $502 million extra after price hikes in 2023 and 2024, these fees are shooting up faster than the transaction amounts spent on purchases. Learn More What is Credit Card Surcharging? At upwards of 3.15% plus ten cents in interchange fees, these extra fees cost a pretty penny.
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