Stax

NOVEMBER 14, 2024

They typically assist with technology needs and customer service as well, acting as an intermediary to the card associations and banks. Step 4: The credit card processing companies send the payment to the business’s bank through a certified merchant services provider such as Stax. With Stax, your payment processing statement is simple.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

NOVEMBER 13, 2023

Since the first plastic credit card was issued by American Express in 1959 , payment tech progress has been growing exponentially. EMV chip card technology had a good two decades or so, beginning in the mid-’90s. NFC technology is in the midst of an evolution. Contactless payments became a must-have during COVID.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Solutions 88

Stax

NOVEMBER 6, 2023

Thanks to the advancements in payment technology, the answers are not difficult to find. TL;DR Mobile payments have evolved significantly over the past 20 years, with current tech enabling payments through watches or phones. Due to its simple yet effective way of making mobile payments , this method is one that is rapidly growing.

Payment Methods 88

Payment Methods Payment Services Mobile Payments Merchant Services 88

Stax

MARCH 14, 2024

EMV (Europay, Mastercard, and Visa) chip card use has continued to expand in use since its tumultuous rollout in 2015. The EMV standard has now become a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions. What’s the Difference Between EMV and NFC technologies?

Payment Methods 88

Payment Methods Merchant Services Payment Services Payment Solutions 88

Stax

AUGUST 20, 2024

Regardless of what you call it, all of these systems are based around the same underlying technology, and they each provide an extra layer of security when processing online payments. In 2015, Version 2 of 3D Secure was released as an improvement on the above system. This provides another incentive for customers to use this technology.

Payment Methods 88

Payment Methods Merchant Services Payment Services Payment Solutions 88