USIO

MAY 13, 2024

a month to process at least 5,000 checks. Usio over the year of 2023 has disbursed approximately 870,260 cards. Contactless payments is a newer payment method where a device will communicate wirelessly with a point of scale (POS) instead of having a more physical interaction.

Payment Methods 264

Payment Methods Payment Services Payments Payment Solutions 264

Stax

APRIL 2, 2024

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. You could also add the phrase “We don’t surcharge cash or debit card transactions,” or add which card brands you accept. It’s that easy!

Merchant Services 88

Merchant Services Payment Methods Payment Services Accept Credit Card Payments 88

Stax

JUNE 11, 2024

In 2023, cash accounted for 12% of POS system transactions and only 1% of all eCommerce transactions in the US. Cash discounting and surcharging can be offered together but merchants need to understand their legality and ensure compliance with card brand or card network (e.g. that cut into profit margins. Visa, Mastercard, etc.)

Merchant Services 68

Merchant Services Payment Methods Payment Services Payment Solutions 68

Stax

DECEMBER 13, 2023

As of 2023 , the states and territories that prohibit or limit surcharging are Connecticut, Massachusetts, and Puerto Rico. Clarity and visibility A credit card surcharge sign can be of two types: point-of-sale notification and point-of-entry notification. Plus, there are federal laws governing surcharges.

Merchant Services 88

Merchant Services Payment Methods Payment Services Accept Credit Card Payments 88

Stax

JANUARY 22, 2024

That’s the value of eCommerce transactions that took place in 2023 in the U.S. A payment gateway can be the POS system where you swipe your card in-store. Stax Connect provides the infrastructure and tools necessary for these companies to handle transactions, manage sub-merchant accounts, and ensure compliance, all under their brand.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

DECEMBER 6, 2023

The rapid growth in credit card transactions led to an associated increase in the costs originating from the various card brands and incurred by businesses that accept them. When a customer chooses to pay for their purchase with a credit card at the point of sale, the merchant adds a surcharge to the transaction.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

APRIL 30, 2024

Whether you run a small online store or a major brand, accepting electronic payments is a must for all businesses. Depending on the business type, merchant processing solutions are of two types: Point-of-sale (POS) systems POS systems are a popular payment collection system, with more than 93,300 companies using them in the US alone.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 88