Stax
MAY 7, 2024
These fees also vary depending on the card network. Processor markup These are fees charged by the payment processor, which is the company that manages and facilitates credit card transactions. This makes it a popular choice for small businesses looking to set up credit card payments.
Stax
JANUARY 31, 2024
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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Stax
APRIL 18, 2024
What is mobile credit card processing? Mobile credit card processing refers to the capability of accepting credit card payments using a mobile device equipped with a card reader and specialized software. What types of merchants need mobile credit card processing?
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.
Stax
APRIL 4, 2024
Credit cards are incredibly popular, and it’s easy to see why: they’re convenient and accepted nearly everywhere. According to Forbes , 32% of consumers use it as their primary payment method. This covers the costs of processing the payment, the risks involved, and also the chance of the payment being a fraud.
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