Remove Accept Credit Card Payments Remove Government Remove Marketplace as a Service
article thumbnail

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.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Is a Credit Card Surcharge?

Stax

You must notify your services provider and the credit card network about your intent to impose surcharges at least 30 days before. If you operate in a highly competitive marketplace, you could start bleeding customers to your rivals selling at lower prices. Q: What states are credit card surcharges illegal?

article thumbnail

What Is a Credit Card Surcharge?

Stax

You must notify your services provider and the credit card network about your intent to impose surcharges at least 30 days before. If you operate in a highly competitive marketplace, you could start bleeding customers to your rivals selling at lower prices. Q: What states are credit card surcharges illegal?