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Glossary: 117 software-led payments terms to know

Payrix

Master merchant Payment facilitator that becomes the merchant of record on behalf of a network of smaller merchants (sub-merchants) or billing companies that regularly collect payments; key markets for master merchant networks include government, education, utilities, and nonprofit organizations.

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Understanding Payment Processing Compliance When Implementing Credit Card Surcharging

Stax

Credit card surcharging can help offset these expenses, but it can be tricky. Learn how to achieve payment processing compliance when surcharging to improve your company’s financial stability and reputation. The more they use cash payment, the lower your overall processing expenses.

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Mobile Credit Card Processing Explained: What Business Owners Need to Know

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This blog will walk you through how your customers are using mobile credit card processing, how you can accept payments using mobile technology, what sorts of features to look for in a mobile solution, and some exciting statistics about the future of payment technology. What is mobile credit card processing?

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8 Top Stripe Alternatives: In-Depth 2023 Guide

FastSpring

A billing solution that acts as your MoR gives you access to multiple payment processors (which lets you accept more payment methods and is useful when accepting payments globally, as we explain below) while taking on the liability of all transactions for you. Taking the lead on legal compliance (including audits).

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Visa Interchange Rates 2024: What You Need to Know

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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.

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Credit Card Surcharge Sign Wording and Template: How to Create Effective Notice for Your Surcharging Program

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While some businesses have accepted swipe fees as a way of life, small business owners may struggle with remaining profitable while also providing a range of payment options. Learn More What is Credit Card Surcharging? While we’ve already spoken in-depth about credit card surcharging, here’s a quick TL;DR of that article.

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What Is a Credit Card Surcharge?

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Once you have ensured that surcharges are permissible by law in your state, you must meet card brand guidelines for compliance. It is also important to inform your customers—both in-store and online—about credit card surcharges on any purchases they might make. What Is a Credit Card Surcharge?