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Visa Interchange Rates 2024: What You Need to Know

Stax

The Visa interchange fee increases occurring in both October 2023 and April 2024 are expected to cost an additional $502M in yearly fees for all relevant merchants. Visa had put off interchange rate changes during the pandemic years, so they’ve been introducing changes in two phases, with the second wave of updates coming in April 2024.

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How Adopting Mobile Payments Can Help Your Business Grow in 2024

Stax

Fast forward to now where much has changed, and research anticipates contactless mobile payments to exceed one billion users globally by 2024. There are many options available that plug into existing smartphones and tablets , such as the Swipe Simple B250 Reader available from Stax , to solve this problem effectively.

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What is Dynamic Pricing? Everything You Need to Know About Implementing Dynamic Pricing in 2024

Stax

Most businesses rely on algorithms to analyze data in real-time and identify trends in customer behavior or market demand. This is where Stax comes in. With Stax, you can use any payment type and integrate essential tools to grow your business.

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The 7 Best Mobile POS Systems for Small Businesses in 2024

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mPOS solutions are the superpower for small businesses in 2024. Some may still want to allow magstripe card payments, but near-field communication (NFC) compatibility is non-negotiable for 2024 and beyond. As contactless and digital payments continue gaining prominence, mPOS systems adapt to these trends.

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5 Best Business Savings Accounts for 2024

Stax

If this trend translates to businesses, $1000 would not go far in safeguarding against unplanned bills, let alone significant financial interruptions. In this article, we will explore the fundamental aspects businesses must consider when selecting a savings account and which business savings accounts should be up for assessment in 2024.

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ISV vs PayFac: The Similarities and Differences Between Independent Software Vendors and Payment Facilitators

Stax

Further, Statista projects that the value of global digital transactions will exceed $11 trillion in 2024. Moreover, they also allow businesses to not only monitor electronic payments but also obtain helpful data and trends. Both aim to provide seamless, efficient, and user-friendly payment experiences.