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Visa Interchange Rates 2024: What You Need to Know

Stax

If your company accepts credit card payments ( which it should ), chances are, you’re going to be affected by Visa’s interchange rates. Visa is one of the biggest payment networks in the world, with ~4.2B cards currently in use. So it’s virtually impossible for a business to not accept Visa cards.

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Credit Card Surcharge Sign Wording and Template: How to Create Effective Notice for Your Surcharging Program

Stax

In 2022, industry data shows that credit card companies earned a whopping $126.4 And with merchants expected to pay as much as $502 million extra after price hikes in 2023 and 2024, these fees are shooting up faster than the transaction amounts spent on purchases. Learn More What is Credit Card Surcharging?

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Payment Facilitator vs Payment Gateway: Key Differences and Similarities

Stax

That’s the value of eCommerce transactions that took place in 2023 in the U.S. In a world where we’re spending more and more time online and every click is a potential transaction, it’s no surprise the eCommerce and digital payments sectors are experiencing exponential growth. alone, according to a report from Insider Intelligence.

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Credit Card Surcharge Sign Examples and Templates for Merchants

Stax

Even though they’re one of the most popular payment options today, accepting credit cards at your business can turn out to be a significant expense. Fortunately, credit card surcharging is a good way to offset some—if not all—of the cost of accepting credit card payments.

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Thinking of Accepting Crypto Payments as a Business? Here’s How 6 Major Companies Are Doing It.

BitPay

The low-cost airline will leverage UATP's technology , the global payment network for the airline industry, to allow passengers to pay with crypto. Vueling will launch the new payment option sometime in 2023. Companies can start accepting crypto payments in less than a week. Set up is quick and easy.

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8 Top Stripe Alternatives: In-Depth 2023 Guide

FastSpring

A billing solution that acts as your MoR gives you access to multiple payment processors (which lets you accept more payment methods and is useful when accepting payments globally, as we explain below) while taking on the liability of all transactions for you. Taking the lead on legal compliance (including audits).

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Can You Decrease Credit Card Interchange Fees?

Stax

Understanding interchange fees enables merchants to effectively manage processing costs, negotiate better rates, make informed decisions about card acceptance, and ensure compliance with payment industry standards. These fees help cover the costs of processing the payment and maintaining the card network.