Stax
APRIL 18, 2024
Not only are there a number of ways your customers could be using their mobile devices to give payments, but you as a business owner could be leveraging mobile devices to accept them as well. As stated by countless resources, mobile is the direction the payment technology space is heading.
Stax
FEBRUARY 28, 2024
Passing credit card fees onto customers has been hotly debated , but most of the country has agreed: Credit card surcharge should be available to merchants. Credit card processing fees take a significant chunk out of your bottom line. Businesses of all sizes feel the brunt of it.
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Stax
APRIL 18, 2024
Typically, the merchant’s payment processing software will build the credit card processing rates into their fee. Choosing the payment processor and other items in your credit card processing tech stack will depend entirely upon your business model. Who Sets the Credit Card Processing Fees?
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.
Stax
JANUARY 5, 2024
Many merchants face the trouble of sifting through numerous credit card machine options, looking for a terminal that fits with their business. There are many different types of payment terminals to choose from, and you need one that’s going to help your business operate the most efficiently.
Stax
APRIL 2, 2024
While some businesses have accepted swipe fees as a way of life, small business owners may struggle with remaining profitable while also providing a range of payment options. You could also add the phrase “We don’t surcharge cash or debit card transactions,” or add which card brands you accept.
Stax
JANUARY 24, 2024
Before 2013 though, credit card brands like Visa and Mastercard didn’t allow surcharging because they didn’t want to discourage customers from using credit cards as a preferred mode of payment. In this article, we’ll explore what a credit card surcharge is and why it should matter to small business owners.
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