Stax

JANUARY 31, 2024

The Visa interchange fee increases occurring in both October 2023 and April 2024 are expected to cost an additional $502M in yearly fees for all relevant merchants. Visa had put off interchange rate changes during the pandemic years, so they’ve been introducing changes in two phases, with the second wave of updates coming in April 2024.

Payment Services 88

Payment Services Merchant Services Payment Methods Accept Credit Card Payments 88

Stax

APRIL 17, 2024

When it comes to payments,partnering with an ISV like Stax Connect is a great way for companies to go to market with their own payment platform. It’s important to carefully go through criteria like transparency, PCI compliance, and payment monetization when selecting an ISV payments partner.

Payments 68

Payments Merchant Services Payment Methods Payment Services 68

Stax

MAY 7, 2024

PCI-compliance fees – Businesses running credit card transactions must be compliant with the Payment Card Industry Data Security Standard (PCI DSS). The average PCI compliance fees vary depending on various factors, such as business specifications. Stax is one card payment processor that uses this pricing model.

Merchant Services 88

Merchant Services Payment Services Payment Methods Accept Credit Card Payments 88

Stax

DECEMBER 20, 2023

Some others, including Stax, offer subscription-style processing that gives you access to the lowest rates of interchange. While this strategy requires careful consideration and compliance with legal requirements, it can be an effective way to offset interchange fees (especially for a small business) and transfer the cost to the end-user.

Payment Services 167

Payment Services Merchant Services Payment Methods Payment Solutions 167

Stax

APRIL 2, 2024

And with merchants expected to pay as much as $502 million extra after price hikes in 2023 and 2024, these fees are shooting up faster than the transaction amounts spent on purchases. If you want to ensure total surcharge compliance, make sure your provider is a leading expert in the field so you can leave it up to them.

Merchant Services 88

Merchant Services Payment Methods Payment Services Accept Credit Card Payments 88

Stax

JANUARY 3, 2024

mPOS solutions are the superpower for small businesses in 2024. Some may still want to allow magstripe card payments, but near-field communication (NFC) compatibility is non-negotiable for 2024 and beyond. Security and compliance standards Security is paramount in any POS system to protect sensitive customer information.

Point of Sale 88

Point of Sale Payment Solutions Payment Methods Payment Services 88

Stax

APRIL 18, 2024

As the decade progressed, bigger businesses began to implement mobile credit card processing, too, and as of 2024, it’s an extremely popular method of accepting in-person payments. Stax, for instance, offers fully transparent pricing and a wide range of capabilities able to accommodate your business’s needs now and as it grows.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88