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Digital Payments: 12 Digital Payment Options to Consider Accepting in Your Business

Stax

There’s no question that cashless payment systems and digital payment adoption have accelerated over the last few years. In 2019, 77% of US consumers were using at least one type of digital payment system. Setting up mPOS in your business Mobile POS systems are easy to adopt. By the end of 2020, that rose to 78%.

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Vantiv Worldpay Merchant Services by FIS

Stax

In June 2019, Fidelity National Information Services ( FIS ) acquired Worldpay in a massive $35 billion deal, making it the largest financial technology merger at the time. This acquisition allowed FIS to leverage Worldpays payment processing capabilities , further strengthening its merchant solutions division.

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What is B2B Payments Processing and How Do You Implement It?

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During the 2020s, almost all businesses will have been looking at b2b payments processing solutions to meet changing consumer needs. Online and contactless adoption multiplied, and digital payments rose. Between 2019 and 2020, the number of U.S. consumers using two or more types of digital payment methods increased by 8%.

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Tap to Pay: What It Is and How It Works

Stax

In 2015, many merchants switched to NFC-enabled terminals; by 2019, most banks were issuing contactless cards. Full-service POS and credit card payment providers Full-service providers like Stax offer complete POS solutions and backend payment processing, which are essential to accepting contactless payments.

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What are Merchant Accounts and How Do They Work?

Stax

Some will include their own payment processing apps or integrate with others, facilitating a seamless payment process for customers. Top Merchant Account Providers Stax Stax offers an industry-leading payment solution for eCommerce and in-person businesses.

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The Complete Guide to Merchant Services for Small Business Owners

Stax

The Benefits of Merchant Services for Small Businesses Payment complexities can be a stumbling block for thriving SMBs. Heres how merchant service providers like Payment Depot by Stax can help in terms of efficiency, security, and cost savings. You can accept different payment typescard payments, mobile payments, next-day (i.e.,