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. Card Network (e.g., E.g., that $0.10

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 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. Data breach Unintentional release of secure information (i.e., eCheck, PayPal, etc.)

Payment Services 100

Payment Services Merchant Services Payment Solutions Payment Methods 100

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. These equipment often have setup fees, ranging between $0 and $2,000, and sometimes monthly fees from the payment processor.

Merchant Services 88

Merchant Services Payment Services Payment Methods Accept Credit Card Payments 88

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.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

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. Point of sale terminals are reprogrammed (or pre-programmed) to add the appropriate fee without manual input from merchants.

Merchant Services 88

Merchant Services Payment Services Payment Methods Stax 88

Stax

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. A credit card surcharge is also one such fee that is added during the final point of sale.

Merchant Services 68

Merchant Services Payment Methods Payments Payment Services 68

Stax

MAY 6, 2025

The process begins from the moment the customer makes a card payment to the point when the transaction is authorized and settled. How Do Businesses Accept Credit Cards? Some businesses choose a traditional payment solution to accept credit card payments, while others go with an integrated payment platform.

Accept Credit Card Payments 88

Accept Credit Card Payments Payment Services Merchant Services Payment Methods 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. Think of the gateway as the online equivalent of a card reader or point of sale (POS) system in a brick-and-mortar store.

Payment Services 88

Payment Services Payment Methods Merchant Services Payments 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

DECEMBER 10, 2024

Credit card readers come with hardware, transaction, and potential subscription fees, so its important to compare providers based on reputation, features, and pricing to make an informed decision. Stax offers a range of payment processing equipment to get you started if you need help. Subscription Cost.

Payment Methods 88

Payment Methods Merchant Services Payment Solutions Payment Services 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. Its a digital evolution of the conventional point-of-sale (POS) terminal.

Payment Methods 88

Payment Methods Payment Services Merchant Services Payment Solutions 88

Stax

NOVEMBER 14, 2024

Here’s a brief guide on the payment process and where each entity plays a role. Step 1: The customer purchases an item with a credit card. Step 2: The credit card is swiped, dipped, or tapped at a POS system or a credit card reader, where the card gets recognized for charging.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

OCTOBER 21, 2024

Accepting credit card payments at your business is a surefire way of increasing customer satisfaction and retention. Over 80% of American adults owned at least one credit card in 2023. Also, credit cards contributed to 27% of the spending at point-of-sale (POS) systems worldwide.

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 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