What’s Really Working in Embedded Finance: Key Learnings from Adyen’s $100B+ Experience
SaaStr
JANUARY 20, 2025
The platforms that move first are seeing 70%+ revenue uplifts and dramatically improved retention.
Banking compliance Point of Sale 
Glossary: 117 software-led payments terms to know
Payrix
FEBRUARY 4, 2025
Association Group of card-issuing banks or organizations that set common transaction terms for merchants, issuers, and acquirers. Card brands Member-based corporations that connect consumers, businesses, and banks through electronic payments; establish and enforce rules amongst members; and promote the brands (e.g.,
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Payment processor: Definition, types, and examples
Payrix
FEBRUARY 4, 2025
To operate as an integrated software vendor (ISV) or payment facilitator, a software company requires a relationship with an acquiring bank and a payment processor. A cardholder initiates the payment for a purchase or service to the merchant or service provider with their payment information from a credit card, debit card, or bank account.
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Master merchant: Definition, types, and examples
Payrix
FEBRUARY 4, 2025
The master merchant establishes a relationship with a payment processor or acquiring bank and is responsible for ensuring compliance with payment regulations, handling transaction processing, and managing risks associated with payments on behalf of the sub-merchants. 3 things you should know about a master merchant 1.
What is a Payment Processing System and How Does It Work?
Stax
MARCH 18, 2025
A typical payment processing procedure involves multiple parties, including the merchant, customer, payment processor, payment gateway, issuing bank, acquiring bank, and card networks. The processor facilitates the transaction by communicating with the payment gateway, issuing bank, and acquiring bank.
The Benefits of Digital Disbursements
USIO
MAY 13, 2024
The reason why they can be so expensive is that overtime additional expenses go into paper checks like the costs of labor charges, working hours dedicated to making the check, material costs, and other charges levied by banks. Banks’ major fees are imaging fees, paid check fees, positive pay fees, check reconciliation fees, and more.
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How to Choose Between EFT vs ACH: A Comprehensive Guide
Stax
MARCH 27, 2025
TL;DR: Electronic Funds Transfer (EFT) is the umbrella term for all electronic payments made between bank accounts. Talk to sales Understanding EFT: The Umbrella Term for Digital Transactions Ever paid for your coffee with just a tap of a card or received payment from a customer thousands of miles away? No cash or checks needed.
The Ultimate Guide to Ecommerce Payment Solutions
Stax
APRIL 3, 2025
Talk to sales Understanding Ecommerce Payment Solutions An eCommerce payment solution is the underlying infrastructure that allows eCommerce businesses to accept and process card and online payments seamlessly and securely. Its the bridge between an eCommerce website, its customers, and the bank.
How to Select the Best POS System for Small Business
Stax
JULY 25, 2024
Years ago, point-of-sale (POS) systems were reserved for large enterprises with big budgets. Today, a small business is barely complete without a POS system. If you feel left out, the good news is that there’s a POS system out there ideal for your business. Finding one for your business can be overwhelming.
Demystifying Credit Card Interchange Fees: What You Need to Know [2024 Rates and Updates]
Stax
DECEMBER 20, 2023
Set rate processing Subscription rate processing TL;DR Interchange fees are not collected by your payment processor or bank; they go directly to the card-issuing banks. Interchange fees vary significantly depending on the card issuer, the issuing bank, type of transaction and/or merchant type.
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Payment processor: Definition, types, and examples
Payrix
FEBRUARY 4, 2025
To operate as an integrated software vendor (ISV) or payment facilitator, a software company requires a relationship with an acquiring bank and a payment processor. A cardholder initiates the payment for a purchase or service to the merchant or service provider with their payment information from a credit card, debit card, or bank account.
Payment Services 100
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Everything You Need to Know About PCI Compliance for Credit Card Processing
Stax
SEPTEMBER 17, 2024
TL;DR PCI compliance is essential because it helps prevent data breaches, ultimately cultivating customer trust. What is PCI Compliance? Why Is PCI Compliance So Important? PCI compliance is essential because it helps prevent data breaches, ultimately cultivating customer trust. That’s where Stax comes in.
What is Click to Pay and How Does It Work?
Stax
JANUARY 28, 2025
The original sensitive data is still secured and hidden in an external data bank. Payment verification by the issuing bank means the customers bank will check whether the customer has sufficient funds to complete the transaction. Your testing should check for security compliance, technical performance, and mobile responsiveness.
Your 2024 Guide to Payment Integration
USIO
JUNE 10, 2024
This enables you to accept various forms of payment, such as credit cards, digital wallets, and bank transfers, directly through your website, mobile app, or point-of-sale (POS) system. Compliance with standards like PCI-DSS (Payment Card Industry Data Security Standard) is also crucial for safeguarding transactions.
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Everything You Need To Know about Merchant Processing and How To Choose the Right Solution for Your Needs
Stax
APRIL 30, 2024
TL;DR Merchant processing ensures that all entities, such as the issuing bank, the acquiring bank, and the card company, work cohesively to facilitate payments between a customer and a business. This account temporarily holds the transaction funds until the bank verifies the payment.
What is a Payment Management System?
Stax
APRIL 11, 2024
Look for a PMS that can serve as an all-in-one platform for payment processing, integrates with other technologies, offers appropriate POS equipment, and prioritizes security compliance. Your PMS is a central hub to manage payment requests and store banking information (like your routing and bank account number for ACH payments ).
Glossary: 117 software-led payments terms to know
Payrix
FEBRUARY 4, 2025
Association Group of card-issuing banks or organizations that set common transaction terms for merchants, issuers, and acquirers. Card brands Member-based corporations that connect consumers, businesses, and banks through electronic payments; establish and enforce rules amongst members; and promote the brands (e.g.,
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What is a Payment Gateway and How Does It Work?
Stax
SEPTEMBER 17, 2024
TL;DR A payment gateway is a solution that securely reads and transfers a customer’s payment information to a merchant’s bank account—both for online and in-person transactions. Benefits of using a payment gateway include a simplified purchasing experience for customers, increased operational efficiency, and PCI compliance.
Master merchant: Definition, types, and examples
Payrix
FEBRUARY 4, 2025
The master merchant establishes a relationship with a payment processor or acquiring bank and is responsible for ensuring compliance with payment regulations, handling transaction processing, and managing risks associated with payments on behalf of the sub-merchants. 3 things you should know about a master merchant 1.
Vantiv Worldpay Merchant Services by FIS
Stax
DECEMBER 6, 2024
The move was aimed at allowing both companies to focus on their core competencies: FIS on banking and capital markets technology, and Worldpay on merchant services and payment processing, transforming the way the world pays. This decision was finalized in 2024, marking the official separation of Worldpay from FIS.
8 Top Stripe Alternatives: In-Depth 2023 Guide
FastSpring
JANUARY 9, 2023
A MoR also takes the lead on chargebacks, tax audits, legal compliance, and more. Finally, you’ll need to maintain a large team of tax and legal experts to maintain global compliance (because solutions like Stripe don’t help with any legalities). For example, the Reserve Bank of India limits automatic recurring payments to ₹15,000 INR.
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The Best Credit Card Processing Companies (In-Depth Review)
Neil Patel
SEPTEMBER 4, 2020
So, look for elements such as PCI compliance and encryption. Full-service providers do the same as credit card processors but also provide a merchant account, meaning you don’t need an additional merchant account with a bank. Its POS app is rich in features and easy-to-use. User Experience. You must contact FIS for a quote.
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Understanding Credit Card Processing Fees for Merchants: How Much Does Processing Credit Cards Cost?
Stax
APRIL 18, 2024
For a merchant to accept credit cards, they need to pay both credit card processing fees to the banks involved and for the soft and hardware required to process cards. Acquiring Bank (Merchant Bank): The financial institution that establishes and maintains the merchant’s account, enabling them to accept credit card payments.
Top 10 International Payment Gateways: An In-Depth Guide
FastSpring
DECEMBER 12, 2022
Payment processors verify that all necessary information is present and in the correct format and then carry it to the issuing bank or credit card network for final authorization. MasterCard or Visa), issuing bank, or electronic wallet (a.k.a., Risk management and compliance. e-wallet) that you want to accept. B2B quote builder.
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ISV vs PayFac: The Similarities and Differences Between Independent Software Vendors and Payment Facilitators
Stax
FEBRUARY 15, 2024
FIS Global reports that in Norway, Sweden, and other Scandinavian countries, more than 90% of transactions processed at point-of-sale (POS) in 2023 were cashless. In the ISO model, an ISV partners with a third party that handles merchant account setup, payment processing, risk, and compliance.
Credit Card Surcharges: What Are They, and How Do They Work?
Stax
SEPTEMBER 26, 2024
Merchants pay interchange fees to compensate the cardholder’s bank (issuer) for the risk of managing credit card accounts. Non-compliance with these regulations can lead to enforcement actions from federal regulatory agencies. The surcharge amount must appear as a separate line item on the POS receipt. Request a free demo today.
What are Merchant Accounts and How Do They Work?
Stax
DECEMBER 27, 2023
A merchant account acts as a pathway between your business, your customers, and the issuer and acquiring banks to process electronic transactions like credit cards. Without a merchant account, it’s very difficult to ensure consistent cash flow or manage multiple sales channels effectively. Request Quote What Is a Merchant Account?
What is a Payment Service Provider (PSP) and How Do They Work?
Stax
AUGUST 29, 2024
A PSP (Payment Service Provider) can equip your eCommerce and brick-and-mortar business with an all-in-one platform that supports multiple payment systems, including debit & credit cards, eWallets, and bank transfers (ACH). The company also provides a card reader and mobile POS app for free. Read on to find out.
How Much Do Credit Card Companies Charge Merchants?
Stax
JANUARY 10, 2024
Businesses need to make sure they understand the credit card processing fees they’re responsible for paying and how this adds to the cost and compliance of accepting these cards regularly. By facilitating credit card transactions, merchant service providers act as intermediaries between credit card companies and the issuing banks.
Tap to Pay: What It Is and How It Works
Stax
NOVEMBER 13, 2023
In 2015, many merchants switched to NFC-enabled terminals; by 2019, most banks were issuing contactless cards. Visa, Mastercard, and the customer’s bank) for authorization. NFC even enables smart packaging to provide customers with product and usage information at the point of sale. There are a few options.
How to Select the Best Payment Terminal for Your Business
Stax
SEPTEMBER 12, 2024
Since they’re relatively larger and have limited mobility, they’re not great options if you don’t have a single POS location. Mobile credit card terminals: These are smaller, more portable POS systems that connect to a smartphone or a tablet via Bluetooth, and are best used for businesses with no fixed locations, like food trucks.
Stax vs Riverside Payments: Which Solution Should You Choose?
Stax
APRIL 30, 2024
You may not be able to control the rates set by the banks and card providers, but what you can do is manage those fees through your payment processor. The company has EMV enabled point of sale systems to accept digital wallet payments as well as cards. Debit and credit card processing all come at a cost for merchants.
What Is a Credit Card Surcharge?
Stax
JANUARY 24, 2024
It is added at the point of sale and depends on the total amount of a transaction and the cap set by credit card companies. Once you have ensured that surcharges are permissible by law in your state, you must meet card brand guidelines for compliance. What Is a Credit Card Surcharge? on credit cards but has banned surcharges.
What Is a Credit Card Surcharge?
Stax
JANUARY 24, 2024
It is added at the point of sale and depends on the total amount of a transaction and the cap set by credit card companies. Once you have ensured that surcharges are permissible by law in your state, you must meet card brand guidelines for compliance. Learn More What Is a Credit Card Surcharge?
What is an Online Terminal and Why Do Merchants Need One?
Stax
MARCH 26, 2024
Learn More Understanding Online Terminals (aka Virtual Terminals) An online terminal, often called a virtual terminal, is a web-based application that enables online payments without needing a physical credit card machine or POS (Point of Sale) system. Adherence to security protocols, such as PCI DSS compliance is a must.
Best Accounting Software
Neil Patel
SEPTEMBER 2, 2020
Connecting your bank accounts and credit cards to your accounting software makes account reconciliation a breeze. Furthermore, you can choose from cloud-based, desktop, or POS system deployment, depending on your situation. However, not every software includes this. So, you don’t have to worry about exceeding your monthly limits.
Payment Facilitator vs Payment Gateway: Key Differences and Similarities
Stax
JANUARY 22, 2024
The acquiring bank (or issuing bank or acquirer) is the financial institution that enables merchants to accept payments, transferring funds from customers to the merchant’s account. The payment gateway acts as a virtual bridge, securely transmitting payment information between the merchant, customer, and acquiring bank.
What is Embedded Finance and Embedded Fintech?
Stax
AUGUST 20, 2024
Some challenges and considerations of embedded finance and fintech involve regulatory and compliance issues, data privacy and security, and stiff competition. Request Quote Understanding Embedded Finance Embedded finance is the seamless integration of financial services and digital banking into conventionally non-financial business services.
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What Is an ACH Payment Facilitator?
Stax
JANUARY 17, 2024
Automated Clearing House (ACH) payments are a type of electronic bank-to-bank payment system in the US. An ACH payment facilitator, therefore, is simply a PayFac that allows users to accept payments through an electronic bank-to-bank network. In Q3 of 2023, the total volume of payouts on ACH networks reached 7.8
Merchant Credit Card Fee Guide 2024: How Much Does It Cost to Process Credit Cards?
Stax
MAY 7, 2024
Credit card merchant fees are split between multiple key players- merchants, credit card networks, banks, and processors. Interchange fees are set by credit card issuers, such as Bank of America, Citi, or Chase, and are adjusted every year in April and October. These fees can also vary based on transaction type.
What is B2B Payments Processing and How Do You Implement It?
Stax
MARCH 14, 2024
Most B2C transactions are performed at the point of sale (POS), whether it’s eCommerce or in-store checkout, which lends them to faster payment methods like mobile payments more often than B2B transactions. Business to consumer (B2C), by comparison, relies on speedy payment processing to transact on the spot.
Mobile Credit Card Processing Explained: What Business Owners Need to Know
Stax
APRIL 18, 2024
Merchants can accept payments anywhere with mobile credit card processing, eliminating the need for a fixed point-of-sale terminal. That can mean paying the plumber by credit card in their own house or paying for a sweater with the sales associate who helped them pick it out, rather than going to find the POS desk.
What is SaaS accounting? Types, Key Metrics and Automation
How To Buy Saas
DECEMBER 20, 2024
The revenue earned over the subscription period does not relate to the amount earned at a given point of sale like in traditional businesses. Global regulatory compliance and tax compliance can also help in reducing fraud risks and errors.
5 Benefits of ACH Payments Over Check Payments
Stax
NOVEMBER 11, 2024
Once the client sets up a payment profile with their banking information, the payment can be automated and paperless. The Federal Trade Commission offers straightforward advice: “don’t give out your bank account number.” The ACH network is governed by a variety of regulatory bodies.
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