Stax

APRIL 30, 2024

Depending on the business type, merchant processing solutions are of two types: Point-of-sale (POS) systems POS systems are a popular payment collection system, with more than 93,300 companies using them in the US alone. These systems enable a smartphone or tablet to function as a card terminal.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 88

Stax

APRIL 18, 2024

Choosing the payment processor and other items in your credit card processing tech stack will depend entirely upon your business model. Payment Gateway: A service provider that facilitates communication between the merchant’s POS system and the acquiring bank’s payment processing system. Card Network (e.g.,

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

OCTOBER 14, 2024

Consider the average transaction size and volume your business handles, as some processors are better suited for larger transactions, while others are ideal for high-frequency, low-amount payments. Does your business model include recurring billing? Read the complete guide on these pricing models here.)

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88