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

Stax

We can hail a ride from a mobile app, and our transactions for all sorts of goods and services can be easily paid for from our phones. There are a wide variety of digital payment types, such as mobile POS systems, contactless payments, and digital wallets. All you need to use a digital wallet is a smartphone.

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Stax Celebrates 10 Years: Looking Back at a Decade of Growth and Payment Innovations

Stax

To the incredible Stax community: allow us to take a moment to recognize a milestone that we are extraordinarily proud of—our 10th anniversary. Sprinkled throughout this article are quotes from some of Stax’s long-standing employees, because who better to tell the company’s story than the people who help make it happen?

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

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trillion in 2021. As a small business owner, it’s important to accept different payment methods like cash, credit card, and contactless or NFC mobile payments to ensure an easy shopping experience for your customers. Stax, for example, charges 0% markups on top of interchange, giving you the lowest percentage per transaction rate.

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5 Benefits of ACH Payments Over Check Payments

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in payment volume growth in Q4 2021. in Q4 2021. Or mobile wallet payment solutions like Google Pay and Apple Pay. Setting up ACH payments is easy with a great merchant account service like Stax. In fact, NACHA, the nonprofit that governs the ACH payments network reported 6.1% Q: How can businesses implement ACH payments?

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

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However, 2020 and 2021 have been exempt from these changes, which are paused until April 2022 , giving merchants some respite from the financial stress of the pandemic. Payments made via e-commerce platforms and through mobile devices can also have different rates. Typically, Visa and Mastercard would adjust these fees twice each year.

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Is Quickbooks Desktop Being Phased Out?

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TL;DR Intuit has announced the discontinuation of QuickBooks Desktop 2021 by May 31, 2024, and will stop selling certain subscriptions of QuickBooks Desktop after July 31, 2024. Firstly, QuickBooks Desktop 2021 is to be discontinued from May 31, 2024. Let’s start with the discontinuation of QuickBooks Desktop 2021.

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What is ACH Credit and ACH Debit and How Do They Work?

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Customer initiates the payment – The customer initiates a new ACH credit payment through their online or mobile banking account. With over 29 billion payments made through the network in 2021, it is fairly robust but can still experience high volume peaks that can delay some payments. How Much Do ACH Credit Transactions Cost?