Stax

APRIL 18, 2024

The parties involved in processing a credit card transaction: Cardholder: The individual or entity holding the credit card and initiating the transaction. Merchant: The business or entity selling goods or services and accepting credit card payments. E.g., that $0.10 fee for every transaction.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

MAY 7, 2024

These fees also vary depending on the card network. Processor markup These are fees charged by the payment processor, which is the company that manages and facilitates credit card transactions. This can simply be attributed to the fact that the processing company has to verify that the card belongs to the user.

Merchant Services 88

Merchant Services Payment Services Payment Methods Accept Credit Card Payments 88

Payrix

FEBRUARY 4, 2025

Payment facilitator (PayFac) A merchant registered by an acquirer to facilitate transactions on behalf of sub-merchants. They provide the infrastructure necessary for their merchants to accept credit card payments. a magnetic stripe reader, mobile phone, etc.)

Payment Services 100

Payment Services Merchant Services Payment Solutions Payment Methods 100

Stax

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?

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

MARCH 5, 2025

Learn More Cater to a Large Set of Customers The online payments process allows your business to accept credit card payments in an easy yet efficient way. Payment Gateways vs. Payment Processors: What’s the Difference? Stax, for example, supports multiple modes of payment.

Payment Services 88

Payment Services Payment Methods Merchant Services Payments 88

Stax

DECEMBER 10, 2024

TL;DR Credit card readers are essential for businesses to accept card payments, offering swiping, dipping, tapping, and mobile payment options. They expand your payment flexibility, making it easier to reach more customers. This method also uses the tap-to-pay mechanism but with mobile devices.

Payment Methods 88

Payment Methods Merchant Services Payment Solutions Payment Services 88

Stax

NOVEMBER 14, 2024

Recurring Fees In addition to interchange, many providers make an extra profit by charging businesses non-mandatory merchant fees. These fees can be seen frequently on your monthly statement, but such monthly fees are never actually required in order to accept credit card payments.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

JANUARY 21, 2025

Well also give you our picks of the best payment gateways and look at common pitfalls to avoid. TL;DR Choose a payment gateway compatible with your business model, whether for eCommerce, subscriptions, or omnichannel sales. Prioritize payment gateways with subscription billing and automatic renewal features.

Payment Methods 88

Payment Methods Payment Services Merchant Services Payment Solutions 88

Stax

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.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

MARCH 11, 2025

You need the services of a reliable payment service provider to securely accept and process card payments and the right provider for you will be one that supports your preferred payment methods, sales model (one-time payments or subscriptions), and geographical reach (international sales).

Payment Methods 88

Payment Methods Payment Services Merchant Services SaaS Payments 88