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. You should also consider what features you may want as your business grows.

Payment Services 88

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Stax

APRIL 18, 2024

For a merchant to accept credit cards, they need to pay both credit card processing fees to the banks involved and for the soft and hardware required to process cards. Typically, the merchant’s payment processing software will build the credit card processing rates into their fee.

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Stax

JANUARY 5, 2024

Virtual terminals Virtual terminals are software-based interfaces that allow merchants to process payments via a computer or tablet. They’re often used for phone or online orders where the card isn’t physically present. RELATED: Will a Stax Wireless Card Reader Improve Your Business?

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Stax

DECEMBER 13, 2023

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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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. Point of sale terminals are reprogrammed (or pre-programmed) to add the appropriate fee without manual input from merchants. It applies across the brand.

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Stax

NOVEMBER 8, 2023

Assessment fee – Assessment fees are charged by credit card networks and make up a very small percentage (around 0.1%) of the overall processing fee. Card brands fix flat-rate assessment fees based on the monthly sales volume via credit and debit cards.

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Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

MARCH 14, 2024

Generally, but not always, B2B transactions tend to occur less frequently but at far higher amounts, involving extended sales cycles, negotiations, contracts, and on-going relationships between the two businesses. Business to consumer (B2C), by comparison, relies on speedy payment processing to transact on the spot.

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