Stax

APRIL 30, 2024

The merchant sends this payment information to the acquiring bank, i.e., the bank where the merchant wants to receive the payment. The bank forwards this information to the relevant credit card company. This information transfer is facilitated through a payment processor.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 88

Stax

OCTOBER 14, 2024

Keep an eye out for hidden fees that may not be immediately apparent, like setup fees, monthly maintenance fees, PCI compliance fees, or chargeback fees. Beyond compliance, look for processors that offer advanced security features like tokenization and encryption, which add layers of protection to payment information.

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88

Stax

APRIL 18, 2024

This request contains crucial information such as the card number, transaction amount, and merchant details. Helcim and Stripe are the more popular payment processors offering interchange plus pricing models. which then routes it to the cardholder’s issuing bank. The challenge with interchange plus can be the math behind it.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88