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Stax Acquires BlockChyp, Adding Payment Gateway and Expanding End-to-End Capabilities

Stax

Acquisition of BlockChyp brings new technology and industry expertise to Stax, furthering its evolution as a leading payment processor ORLANDO – October 1, 2024 – Stax , a leading payment technology provider, today announced its acquisition of BlockChyp , further expanding the company’s end-to-end processing capabilities.

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Credit Card Processing Rates: How Much Does It Cost to Process Payments in 2025?

Stax

Acquiring bank – The merchants bank that receives and disburses the funds. They facilitate transactions by connecting merchants, credit card processors, and banks while establishing rules, regulations, and fees for processing payments. Chase, Bank of America, etc.), Also known as card companies or card issuers (e.g.,

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What’s Next in Payments: A Memo to the GenAI Companies

Stax

Staxs Mark Sundt sat down with John Gaffney from PYMNTS to dig into this topic. As Chief Technology Officer at Stax, Mark’s at the forefront of artificial intelligence in the industry. Ever wondered how AI is shaping the world of payments?

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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. If you’re a QuickBooks user looking for a robust integration with your payment processor, get in touch with Stax.

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How are Interchange Fees Calculated?

Stax

Behind every seamless payment card transaction is a complex network of banks, credit card companies, and payment systems working together to transfer money from the customer to the merchant. Although they go to issuing banks, the rates are set by card networks. However, this convenience comes at a cost, mainly for businesses.

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How to Choose Between EFT vs ACH: A Comprehensive Guide

Stax

TL;DR: Electronic Funds Transfer (EFT) is the umbrella term for all electronic payments made between bank accounts. EFT is the umbrella term for all electronic transactions that transfer funds digitally between bank accounts using only bank account information. In this article, well help you do just that.

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The Ultimate Guide to Ecommerce Payment Solutions

Stax

Its the bridge between an eCommerce website, its customers, and the bank. Its the third-party service that serves as the link between the payment gateway, acquiring bank, and issuing bank or card network. It works in tandem with the customers bank or credit card provider to verify and authorize the transaction.