Stax

JANUARY 23, 2025

The merchant underwriting process is a critical step that payment processors and financial institutions use to assess the risk associated with onboarding new businesses. Key steps include application review, risk assessment, credit checks, and compliance verification. Learn More What is Merchant Account Underwriting?

Merchant Services 68

Merchant Services Payment Services Payment Methods Development Team Review 68

Stax

MAY 7, 2024

Cashless transactions have dethroned the age-old cash payments. trillion in the US in 2022, accepting card payments is no longer a question of whether to, but how to. billion in processing fees, which was a 16.7% To complete payment processing, credit card companies have to charge processing fees.

Merchant Services 88

Merchant Services Payment Services Payment Methods Accept Credit Card Payments 88

Stax

JANUARY 24, 2024

Dynamic pricing enables businesses to capture the highest possible value for a product or service at any time of day, week, or year. Dynamic pricing systems refer to pricing models where the price of goods and services fluctuate based on a range of factors. What makes this pricing strategy so appealing to businesses?

Payment Methods 88

Payment Methods Pricing Airlines Payment Solutions 88

Stax

JANUARY 21, 2025

TL;DR A POS system facilitates in-person transactions by enabling merchants to ring up the sales. Modern POS devices come with advanced features like mobile POS abilities, contactless payment options, inventory management, and more. contactless and mobile payments). Talk to sales What is a POS system?

Point of Sale 88

Point of Sale Payment Solutions Payment Services Merchant Services 88