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What is mobile creditcard processing? Mobile creditcard processing refers to the capability of acceptingcreditcardpayments using a mobile device equipped with a card reader and specialized software. Popular mobile payment solutions include Square, PayPal Here, and Shopify POS.
It’s mandatory for all merchants and service providers that acceptcreditcardpayments. They’re classified into four levels based on the volume of creditcard transactions they process. businesses were grappling with one of the fastest-escalating operational costs: card fees.
Whether you are starting a new online store or looking to grow your existing brick-and-mortar small business, you must make provisions for acceptingcreditcardpayments. We have also put together a list of the top three best creditcard processing platforms for small businesses.
Here are our top picks for the best payment gateway options for you to consider: StaxStax is a simple payment gateway that helps small businesses save money and get paid fast. Its a subscription-based all-in-one service that eliminates the need to work with multiple payment platforms.
For example, Stax Pay charges a fixed monthly membership fee which might not be the best option for very small businesses with low transaction volumes, but could be extraordinarily cost-effective for businesses that process more than $5000 per month. It also lets you accept and process in-person, online, mobile, and recurring payments.
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