Stax

FEBRUARY 28, 2024

There are a variety of payment terminal brands on the market, but the place to start is by looking at the payment terminals your payment processing provider supports. Your payment terminal can be fully or semi-integrated with your POS system. A POS system isn’t required to process payments; just a physical terminal and Internet access.

Payments 88

Payments Payment Methods Merchant Services Payment Services 88

Stax

APRIL 3, 2025

On the other hand, brick-and-mortar retail stores may require physical POS solutions. For example, a small online boutique with 100-200 monthly sales could prioritize a payment solution with easy setup, low monthly fees, and pay-as-you-go pricing. Find out whether its a requirement and act accordingly. Contact us

Payment Methods 88

Payment Methods Merchant Services Payment Solutions Payment Services 88

Stax

AUGUST 1, 2024

However, card brand rules and state and federal laws have been established to prevent merchants from abusing this privilege. Visa’s surcharge rules around disclosure, compliance, options (brand-level/product-level), notifying acquirers, surcharge cap, etc. It’s interesting to note that surcharging was illegal in most states until 2013.

Merchant Services 88

Merchant Services Payment Services Payment Methods Stax 88

Stax

MARCH 15, 2025

Embedded payments come with a lot of responsibilities, such as bank sponsorship and risk management, which is why finding the right payments partner like Stax Connect is essential to help you monetize payments and own the entire experience. Stax Connect streamlines the enrollment process for SaaS companies.

Payments 88

Payments Merchant Services SaaS Payments Payment Services 88

Stax

SEPTEMBER 26, 2024

You can communicate this through visible point-of-sale signage at checkout, verbal heads-up from staff, or on-screen alerts for eCommerce. The surcharge amount must appear as a separate line item on the POS receipt. CardX simplifies this process by integrating compliance features into your POS systems.

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 88

Stax

APRIL 17, 2025

This could mean building an app that runs on Azure, integrating payments through Stax Connect , or creating an add-on for Oracles software suite. Co-marketing and joint go-to-market efforts ISV partners often benefit from co-branded marketing, being featured in partner marketplaces, or participating in events and webinars.

Merchant Services 88

Merchant Services Payment Solutions Payment Services Payments 88

Stax

SEPTEMBER 17, 2024

These standards are set by card brands like Visa, Mastercard, Discover, and American Express to ensure sensitive payment data is securely processed , transmitted, and stored. That’s where Stax comes in. Stax is a Level 1 PCI Service Provider. In addition to this, Stax also takes a number of steps to protect cardholder data.

Payment Services 88

Payment Services Merchant Services Payment Methods compliance 88

Stax

APRIL 18, 2024

Payment Gateway: A service provider that facilitates communication between the merchant’s POS system and the acquiring bank’s payment processing system. The merchant’s point-of-sale (POS) system sends an authorization request to the acquiring bank (also known as the merchant bank) via a payment gateway.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

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.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

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

APRIL 2, 2024

Best Practices When Creating Your Surcharge Sign When deciding on what kind of wording to use, keep in mind that you need to have two signs: both a point-of-entry disclosure and a POS disclosure. You could also add the phrase “We don’t surcharge cash or debit card transactions,” or add which card brands you accept.

Merchant Services 88

Merchant Services Payment Methods Payment Services Accept Credit Card Payments 88

Stax

AUGUST 29, 2024

TL;DR PSPs help businesses accept credit cards, digital wallets, ACH transfers, recurring payments, and other types of mobile payments, while also providing POS systems and the integrated software required for managing business financial operations. The company also provides a card reader and mobile POS app for free.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

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. They are registered with major card brands to onboard merchants under their master merchant account, simplifying the merchant account application process.

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 88

Stax

JANUARY 17, 2024

The great thing about an ACH PayFac solution like Stax Connect is that SaaS companies or ISVs can embed ACH payments in their software easily and own (also, white label) the payment experience. Consistent and branded payments enhance your reputation and offer a seamless checkout experience to your customers.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

MAY 7, 2024

Terminal or equipment fees – Small businesses often lease or purchase payment processing equipment, such as point-of-sale (POS) systems or credit card terminals. Transactions are tiered based on various criteria, such as digital transaction or point-of-sale. These fees can also vary based on transaction type.

Merchant Services 88

Merchant Services Payment Services Payment Methods Accept Credit Card Payments 88

Stax

JANUARY 10, 2024

The exact rate can vary based on several factors, including the type of card used (debit or credit), the card brand (Visa, MasterCard, etc.), The size of the full interchange fee is determined by the card brand i.e. Visa or Mastercard. This fee is a percentage of the transaction amount, often ranging from about 1.5% Account fees.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Facilitation 88

Stax

DECEMBER 20, 2023

TL;DR Card brands such as Visa and MasterCard along with state and federal laws prohibit debit card surcharging. CardX by Stax is a trusted leader in helping your business seamlessly and easily implement credit card surcharging, ensuring you stay compliant and save on transaction fees. Get in touch!

Merchant Services 88

Merchant Services Payment Services Stax Payment Methods 88

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. That depends on the credit card brand, as companies like Visa, Mastercard, Amex have different requirements.

Payment Services 88

Payment Services Merchant Services Payment Methods Payments 88

Stax

FEBRUARY 28, 2024

Point of sale terminals are reprogrammed (or pre-programmed) to add the appropriate fee without manual input from merchants. As long as you apply the rate consistently across card brands, surcharging can provide a wealth of benefits to an (e)Commerce merchant. Surcharge rules do differ from state to state.

Merchant Services 88

Merchant Services Payment Services Payment Methods Stax 88

Stax

DECEMBER 20, 2023

This is where merchant underwriting comes in—merchant account underwriters check if new merchants meet the guidelines set by the bank and card brands. This is where merchant underwriting comes in—merchant account underwriters check if new merchants meet the guidelines set by the bank and card brands.

Merchant Services 88

Merchant Services Payment Services SaaS Payments Payments 88

Stax

JANUARY 22, 2024

A payment gateway can be the POS system where you swipe your card in-store. An example of a Payment Facilitator is Stax Connect. Stax Connect offers a platform for software companies and SaaS providers to integrate payment processing capabilities into their offerings. Q: What is considered a payment gateway?

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

DECEMBER 6, 2023

The rapid growth in credit card transactions led to an associated increase in the costs originating from the various card brands and incurred by businesses that accept them. Service providers such as CardX by Stax help companies offset some of these fees in a compliant and seamless way. What is a Credit Card Surcharge Fee?

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

NOVEMBER 8, 2023

Buying and setting up hardware (POS systems, card readers, or payment terminals) and identifying the right merchant services provider that offers the cheapest credit card processing fees can be quite daunting. Card brands fix flat-rate assessment fees based on the monthly sales volume via credit and debit cards.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Subscription Flow

MARCH 25, 2024

The Brazilian company would be able to focus on its primary area of expertise of creating exquisite fabrics and encouraging global brand recognition, as the MoR would expertly handle the processing of payments, tax computations, and adherence to regional regulations.

Merchant Services 105

Merchant Services Payment Services Payment Methods Payment Facilitation 105

Stax

NOVEMBER 15, 2023

That said, these fees can vary based on several factors like card brand, transaction location, etc. You will, however, see higher or lower interchange fees depending on a variety of factors, such as the card brand, the location of the transaction (whether it’s in-person at a point-of-sale or online) and more.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JANUARY 24, 2024

Before 2013 though, credit card brands like Visa and Mastercard didn’t allow surcharging because they didn’t want to discourage customers from using credit cards as a preferred mode of payment. 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.

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 88

Stax

JANUARY 24, 2024

Before 2013 though, credit card brands like Visa and Mastercard didn’t allow surcharging because they didn’t want to discourage customers from using credit cards as a preferred mode of payment. 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.

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 88

Stax

JUNE 11, 2024

In 2023, cash accounted for 12% of POS system transactions and only 1% of all eCommerce transactions in the US. Cash discounting and surcharging can be offered together but merchants need to understand their legality and ensure compliance with card brand or card network (e.g. This streamlines purchases and reduces the risk of theft.

Merchant Services 68

Merchant Services Payment Methods Payment Services Payment Solutions 68

Stax

AUGUST 20, 2024

In embedded banking, non-financial businesses offer their customers a wide range of banking services, such as branded checking accounts for holding funds and making payments. Embedded Insurance Embedded insurance allows customers to purchase insurance for products or services at the point of sale.

Payments 88

Payments Payment Methods Merchant Services Finance 88

Stax

DECEMBER 13, 2023

Clarity and visibility A credit card surcharge sign can be of two types: point-of-sale notification and point-of-entry notification. Essentially, you should have a credit card surcharge sign at each of your points of sale (POS) at your brick-and-mortar store. Take a look below.

Merchant Services 88

Merchant Services Payment Methods Payment Services Accept Credit Card Payments 88

Stax

APRIL 4, 2024

The processing fee can be a fixed value or a percentage and varies among card brands. The impact on pricing transparency Customers usually want brands to be transparent about their product costs. A credit card surcharge is also one such fee that is added during the final point of sale.

Merchant Services 68

Merchant Services Payment Methods Payments Payment Services 68

Stax

SEPTEMBER 24, 2024

In 2023, card brands in the U.S. If yours can’t, consider CardX by Stax. Does the provider have any requirements, such as minimum sales volume? Does the provider charge to reprogram your current payment terminal and point-of-sale hardware? earned approximately $135.75 billion in merchant processing fees.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

MAY 6, 2024

In our latest webinar, Garrek Harris, Director of Platform Management at Stax, discussed the ins and outs of data security for merchants and ISVs. Garrek says it best: “PCI compliance is a series of requirements put forth by the card brands that every merchant who wants to accept credit cards has to adhere to.

Payment Services 88

Payment Services Merchant Services compliance SaaS Payments 88

Stax

MARCH 4, 2025

TL;DR Online payments rely on API or hosted gateways with encryption and fraud detection, while in-store transactions require POS hardware with EMV chip technology and NFC capabilities. On the other hand, in-person payment integration requires POS hardware, such as card readers and NFC terminals, that connect with the payment processor.

Payment Methods 88

Payment Methods Payments Payment Services Merchant Services 88

Stax

JANUARY 21, 2025

Its a digital evolution of the conventional point-of-sale (POS) terminal. A physical POS terminal requires customers to insert, swipe, or tap their cards on the machine. Go for a payment gateway that provides POS integration. Optional add-ons include ACH processing, next-day settlement, and customer branding.

Payment Methods 88

Payment Methods Payment Services Merchant Services Payment Solutions 88

Stax

MARCH 5, 2025

TL;DR eCommerce solutions offer a range of benefits, including catering to a larger set of customers, maintaining brand consistency, and cutting down on your revenue cycle. Think of the gateway as the online equivalent of a card reader or point of sale (POS) system in a brick-and-mortar store.

Payment Services 88

Payment Services Payment Methods Merchant Services Payments 88

Stax

DECEMBER 12, 2024

In theory, you could accept third-party payment methods like PayPal, Apple Pay, or Google Pay without merchant services, but this would require individually setting up and integrating each one into your website or point-of-sale setup. POS systems and card readers. POS systems. inventory, CRM, and accounting software).

Merchant Services 88

Merchant Services Payment Services Payment Methods SaaS Payments 88