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. payment card details or sensitive account information) to an untrusted environment.

Payment Services 147

Payment Services Merchant Services Payment Solutions Payment Methods 147

Stax

APRIL 18, 2024

What is mobile credit card processing? Mobile credit card processing refers to the capability of accepting credit card payments using a mobile device equipped with a card reader and specialized software. Popular mobile payment solutions include Square, PayPal Here, and Shopify POS.

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88

Stax

DECEMBER 20, 2023

Optimize your credit card processing speeds Slow transactions are, at best, an annoyance to customers, and at worst, result in lost sales, especially online. In order to improve processing speeds, you should make sure your POS equipment is up-to-date and that your internet connection is both stable and fast.

Payment Services 88

Payment Services Merchant 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. 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

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. payment card details or sensitive account information) to an untrusted environment.

Payment Services 100

Payment Services Merchant Services Payment Solutions Payment Methods 100

Stax

JULY 5, 2024

In-store personnel, especially those at points-of-sale, should be educated on cash discounting and surcharging, so they handle customer queries better and resolve payment issues faster. Hence, the regular price is the “cash price” and a surcharge fee is added at the POS if customers pay with credit cards.

Merchant Services 68

Merchant Services Payment Methods Point of Sale Stax 68

Stax

NOVEMBER 15, 2023

These fees help cover the costs of processing the payment and maintaining the card network. Interchange fees themselves are non-negotiable and they’re charged whenever a merchant accepts credit card payments.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88