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Cash is no longer having its moment; card payments are in. From debit and credit cards to Google or Apple Pay, digital, contactless, and mobilepayments are on the rise. Don’t gloss over any hidden ongoing fees: these can include minimum payment fees, overage fees, and credit card processing fees!
Consumer adoption of digital solutions is accelerating at a rapid pace, with the SaaS market projected to grow from $315 billion in 2025 to $1,131 billion in 2032. What is Payment Monetization? There’s the underwriting process, which vets merchants and ensures that they’re qualified to take payments.
TL;DR Credit card readers are essential for businesses to accept card payments, offering swiping, dipping, tapping, and mobilepayment options. They expand your payment flexibility, making it easier to reach more customers. Stax offers a range of payment processing equipment to get you started if you need help.
In addition, POS systems often connect with your payment processor , allowing you to accept credit cards, and other methods (e.g., contactless and mobilepayments). Priced at $499, the device lets you take payments, track sales, and manage your inventory all from the palm of your hand.
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