Remove Healthcare Remove Point of Sale Remove Stax
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What is a Payment Processing System and How Does It Work?

Stax

It links the merchants eCommerce store or point of sale (POS) system and the financial networks involved. Heres a step-by-step breakdown of a typical transaction: Customer initiates payment – The customer initiates a payment by entering their payment details online, in a mobile app, or a POS system.

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Would My Business Benefit From Using A Contactless Virtual Terminal?

Stax

And while solutions like POS systems are perfect for in-person payments, what about when you need to offer remote billing or refunds, or if you need to process a customer’s credit card over the phone? A contactless virtual terminal can also serve as a backup to your point of sale (POS) system.

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Demystifying Credit Card Interchange Fees: What You Need to Know [2024 Rates and Updates]

Stax

While you have control over whether a cardholder’s card is swiped or keyed in at the point of sale, you can’t control what kind of card they use. Regulated POS Debit, purchases and purchases with cash back Debit Rate (USD): 0.05% + $0.21 PIN Regulated POS Debit Rate (USD): 0.05% + $0.21 World (USD): 1.90% +$0.02

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What is an ISV Partner? Here’s Everything You Need to Know About Independent Software Vendors

Stax

From healthcare to construction to finance, every industry is powered by digital solutions tailored to their unique needs. This could mean building an app that runs on Azure, integrating payments through Stax Connect , or creating an add-on for Oracles software suite.

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ISV vs PayFac: The Similarities and Differences Between Independent Software Vendors and Payment Facilitators

Stax

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. ISVs create software platforms for various industries, including business management, healthcare, and finance. Q: What is the difference between ISV vs PayFac?

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Credit Card Processing for Small Business: 9 Tips for Accepting Payments Securely and Cost-Effectively

Stax

Here are Stax’ Top Credit Card Processing Tips. Optimize your credit card processing speeds Slow transactions are, at best, an annoyance to customers, and at worst, result in lost sales, especially online. Request a custom quote to see how Stax Pay can work for you. It’s best to avoid long-term contracts.

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The Benefits of SaaS and Implementing SaaS Payments

Stax

The SaaS model isn’t just for the tech industry—cloud services are widespread in industries such as healthcare, retail, eCommerce, and education. This is where Stax Connect came in. And what delighted them was Stax’s extended support that went above and beyond the usual scope. Q: What are the basic components of SaaS?