Remove 2021 Remove compliance Remove Point of Sale
article thumbnail

The Vertical SaaS Gold Rush: Why Non-Tech B2B Is Growing 250%+ Faster

SaaStr

The “productivity software” that seemed essential in 2021 is now getting cut. A restaurant isn’t dropping Toast’s POS system to save money. Try replacing Samsara when it’s monitoring your entire fleet for DOT compliance.

article thumbnail

Understanding Credit Card Processing Fees for Merchants: How Much Does Processing Credit Cards Cost?

Stax

Payment Gateway: A service provider that facilitates communication between the merchant’s POS system and the acquiring bank’s payment processing system. The merchant’s point-of-sale (POS) system sends an authorization request to the acquiring bank (also known as the merchant bank) via a payment gateway.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Is a Credit Card Surcharge?

Stax

Purchase volumes through credit cards jumped 51% between 2015 and 2021. It is added at the point of sale and depends on the total amount of a transaction and the cap set by credit card companies. Once you have ensured that surcharges are permissible by law in your state, you must meet card brand guidelines for compliance.

article thumbnail

What Is a Credit Card Surcharge?

Stax

Purchase volumes through credit cards jumped 51% between 2015 and 2021. It is added at the point of sale and depends on the total amount of a transaction and the cap set by credit card companies. Once you have ensured that surcharges are permissible by law in your state, you must meet card brand guidelines for compliance.

article thumbnail

Credit Card Surcharge Sign Examples and Templates for Merchants

Stax

Did you know that in 2021, merchants ended up paying a whopping $105 billion in credit card processing fees? So make sure to follow all rules related to the placement, content, design, and compliance of your signage. markup, monthly fees, compliance fees, equipment lease fees, per-transaction fees, statement fees, etc.)

article thumbnail

No Fee Payment Processing: Everything You Need to Know

Stax

Buying and setting up hardware (POS systems, card readers, or payment terminals) and identifying the right merchant services provider that offers the cheapest credit card processing fees can be quite daunting. CardX, which was acquired by Stax in 2021, has an automated surcharging platform.

article thumbnail

How To Find the Best Credit Card Processor for Small Business in 2024

Stax

trillion in 2021. With Stax, we’re proud to ensure PCI compliance, which means we meet the Payment Card Industry Data Security Standards, created by card associations like Visa, Mastercard, and American Express to ensure sensitive payment data is securely processed , transmitted, and stored.