Remove Banking Remove PayPal Remove Stax
article thumbnail

Everything You Need to Know about PayPal Buy Now Pay Later [aka PayPal Pay Later]

Stax

In this article, we’ll explore PayPal’s Buy Now Pay Later service (PayPal Pay Later) and see how it benefits consumers and merchants alike. TL;DR PayPal Pay Later is PayPal’s BNPL program for online shopping with large retailers like Best Buy, Home Depot, Target, Apple, etc. Learn More What Is PayPal Buy Now Pay Later?

PayPal 88
article thumbnail

Digital Payments: 12 Digital Payment Options to Consider Accepting in Your Business

Stax

Mobile phone and online bank transfers, mobile wallet payments, in-app payments, online payments, QR code payments, and all other electronic payment methods that qualify as a digital payment. They allow you to move with the device and accept payments wherever you need — both bank cards and mobile wallet payments.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Demystifying Credit Card Interchange Fees: What You Need to Know [2024 Rates and Updates]

Stax

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.

article thumbnail

Everything You Need To Know about Merchant Processing and How To Choose the Right Solution for Your Needs

Stax

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.

article thumbnail

What is a Payment Gateway and How Does It Work?

Stax

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. These may include credit cards, debit cards, eChecks, and digital wallets (like Google Pay, Apple Pay, Amazon Pay, PayPal, Venmo, etc.).

article thumbnail

What is an EFT Payment? Everything to Know About This Method of Payment

Stax

EFT payments are transactions between the sender and receiver that transfer funds electronically from the sender’s bank account to the receiver’s. Peer-to-peer payments Another popular payment method that started as a way of transferring funds between bank accounts on the consumer side is peer-to-peer (P2P) payments. Easy to use.

article thumbnail

Quicken vs QuickBooks: Which is Best for Small Businesses?

Stax

Users can view banking information, track monthly bills, track investments, manage credit card accounts, and much more. Learn More Stax offers the lowest cost of accepting credit cards among all merchant account providers. The two platforms are aimed at different audiences. Quicken Inc.