Stax

NOVEMBER 14, 2024

Here’s a brief guide on the payment process and where each entity plays a role. Step 1: The customer purchases an item with a credit card. Step 2: The credit card is swiped, dipped, or tapped at a POS system or a credit card reader, where the card gets recognized for charging.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

JANUARY 24, 2024

Credit cards remain a favored way of making payments among customers. Purchase volumes through credit cards jumped 51% between 2015 and 2021. However, the idea of applying a credit card surcharge to offset the processing cost of credit cards has always been a hotly debated topic.

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 88

Stax

JANUARY 24, 2024

Credit cards remain a favored way of making payments among customers. Purchase volumes through credit cards jumped 51% between 2015 and 2021. However, the idea of applying a credit card surcharge to offset the processing cost of credit cards has always been a hotly debated topic.

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 88

Stax

NOVEMBER 8, 2023

This figure used to be 24% in 2015 which makes it evidently clear that card usage is on the rise. This may be concerning for certain types of businesses as they need to spend more to process credit and debit card payments as compared to cash.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88