Stax

JANUARY 24, 2024

Simply put, a surcharge amount is an extra fee that some merchants choose to levy on customers to cover the costs of processing credit card payments. However, after a 2013 lawsuit, card companies started allowing businesses to charge customers a fee for using credit cards. What Is a Credit Card Surcharge?

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Stax

JANUARY 24, 2024

Simply put, a surcharge amount is an extra fee that some merchants choose to levy on customers to cover the costs of processing credit card payments. However, after a 2013 lawsuit, card companies started allowing businesses to charge customers a fee for using credit cards. The rate varies between 1.3

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APRIL 2, 2024

In 2022, industry data shows that credit card companies earned a whopping $126.4 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. Payments made with cash or debit card won’t be surcharged.

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FEBRUARY 28, 2024

Passing credit card fees onto customers has been hotly debated , but most of the country has agreed: Credit card surcharge should be available to merchants. As long as you apply the rate consistently across card brands, surcharging can provide a wealth of benefits to an (e)Commerce merchant.

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Payrix

FEBRUARY 4, 2025

This blog post is your ultimate guide to understanding the most used payments terms today. Terms related to card acceptance Acceptance marks Signifies which payment brands are accepted at a merchant location and provides the cardholder with information on where his or her card can be used.

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JANUARY 15, 2024

PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Implementing surcharging involves analyzing pricing strategy impact, communicating policies effectively to customers, and reviewing technical considerations, including cybersecurity measures.

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Stax

NOVEMBER 8, 2023

The Burden of Traditional Processing Fees There are a whole bunch of fees that businesses need to pay to accept credit card transactions. While some of these are unavoidable, businesses need to research various fees and pricing models (e.g., Currently, only two states still have anti-surcharge laws (as mentioned earlier).

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JULY 5, 2024

On the flip side, however, credit card fees can eat away at your profits since a percentage of each credit card transaction goes toward processing fees. A cash discount program offers reduced prices to customers who pay by cash instead of credit or debit cards. What is a listed price or regular price?

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Stax

DECEMBER 13, 2023

Even though they’re one of the most popular payment options today, accepting credit cards at your business can turn out to be a significant expense. Fortunately, credit card surcharging is a good way to offset some—if not all—of the cost of accepting credit card payments.

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JANUARY 22, 2024

At its core, payment processing involves various players and technologies to facilitate the movement of funds from customers to merchants securely and efficiently. Digital payments only take a few seconds, but they flow through many different layers of partners and technology. Q: What is considered a payment gateway?

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JANUARY 5, 2024

They both provide a new, updated, and innovative way to accept credit card payments from customers. Recommended Payment Solutions The following payment solutions are our top recommendations for businesses that need a mobile-friendly payment terminal. You can learn more about them here.)

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APRIL 4, 2024

Credit cards are incredibly popular, and it’s easy to see why: they’re convenient and accepted nearly everywhere. According to Forbes , 32% of consumers use it as their primary payment method. This covers the costs of processing the payment, the risks involved, and also the chance of the payment being a fraud.

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MARCH 14, 2024

Most B2C transactions are performed at the point of sale (POS), whether it’s eCommerce or in-store checkout, which lends them to faster payment methods like mobile payments more often than B2B transactions. B2B payments are mostly made through invoicing and then longer payment cycles.

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BitPay

MAY 8, 2023

Here are some of the most well-known companies accepting crypto as payment and what’s driving the adoption. 6 Major Companies Accepting Crypto as Payment Accepting crypto payments as a business isn’t just for the tech-focused industries. Companies can start accepting crypto payments in less than a week.

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SaaStr

DECEMBER 10, 2019

You could think about how in that Chase app you could make it easier to accept credit card payments right away. Because before the deal closes you’re negotiating for what’s the purchase price, what are the performance targets as they relate to retention agreements. They love what we do.

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MARCH 5, 2025

Heres everything you need to know about internet card payment processing and how it can help your business grow. TL;DR eCommerce solutions offer a range of benefits, including catering to a larger set of customers, maintaining brand consistency, and cutting down on your revenue cycle.

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NOVEMBER 21, 2024

Whether you are starting a new online store or looking to grow your existing brick-and-mortar small business, you must make provisions for accepting credit card payments. We have also put together a list of the top three best credit card processing platforms for small businesses.

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JANUARY 21, 2025

Transaction fees and pricing structure Pricing might be one of the first factors you consider when choosing a payment gateway. Payment gateways charge fees for their services, including transaction and monthly fees. Take time to evaluate and understand the pricing structure for the payment gateway youre considering.

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NOVEMBER 14, 2024

Stax Stripe Square PayPal Banks Contract Required No No No No Yes Early Termination Fees No No No No Yes Card Present Processing Pricing $99/month + 8¢ per transaction + interchange 2.9% + 30¢ per transaction (includes interchange) 2.6% + 10¢ per transaction (includes interchange) 2.7% These cards average around 0.5%

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MARCH 11, 2025

They are popular with buyers under 35 years of age and must be part of the mobile payment methods you support if your target audience falls within that demographic. Popular digital wallet brands include Apple Pay, Google Pay, Samsung Wallet, PayPal Digital Wallet, and Venmo.

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