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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 is B2B Payments Processing and How Do You Implement It?

Stax

Between 2019 and 2020, the number of U.S. This would take them to the gateway where they can pay by credit card, Paypal, or other payment options the payee wishes to add. B2B businesses processing less than $500,000 each year may find solutions like PayPal and Square to be sufficient for invoicing and payment automation.

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What are Merchant Accounts and How Do They Work?

Stax

High-Risk Merchant Accounts Process payments for high-risk industries Online gambling, pharmaceuticals, insurance, subscription businesses Specialized approval process, secure transactions Higher fees, additional due diligence. It’s a good fit for subscription businesses that require a full-service toolkit for billing and analytics.