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Whether you run a small online store or a major brand, accepting electronic payments is a must for all businesses. Mobile processing solutions Mobile processing solutions don’t require additional equipment to initiate a card payment. Easy switch between POS and mobile payments using the Stax app.
Some popular processors offering interchange plus pricing structures include Payment Depot, Stripe, and Helcim. Let’s look at a few: Business type and industry Card card brands have a “Merchant Category Code” which they use to classify businesses based on the goods and services they provide. The opposite is also true.
Payments made via e-commerce platforms and through mobile devices can also have different rates. Network Access and Brand Usage Fee (NABU): Charged by MasterCard on all settled or refunded credit/debit card transactions. Helcim and Stripe are the more popular payment processors offering interchange plus pricing models.
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