Stax

JULY 16, 2024

Consumers are increasingly opting for debit and credit cards or other digital payment methods—for in-store and eCommerce purchases alike. This was a huge leap from 2018 when only 29% used cashless payments for the same. In 2022, 31% of all payments were made using credit cards.

Payment Services 88

Payment Services Merchant Services Payment Methods compliance 88

Stax

SEPTEMBER 17, 2024

Revocation of Credit Card Processing Privileges If a business consistently fails to comply with PCI standards, the processor or acquiring bank may choose to terminate their merchant account. For many businesses, especially those operating eCommerce, the ability to accept credit card payments is crucial to their operations.

Payment Services 88

Payment Services Merchant Services Payment Methods compliance 88

ProfitWell

NOVEMBER 5, 2019

Hard declines due to stolen credit card information. Credit card and identity theft continue to rise. In 2018 alone, 1,244 data breaches led to over 446 million records exposed. Merchant accounts to allow your business to accept credit card payments (often this is integrated with the payment gateway).

Payment Features 49

Payment Features Subscription Payment Methods Merchant Services 49