Stax

JANUARY 22, 2024

At its core, payment processing involves various players and technologies to facilitate the movement of funds from customers to merchants securely and efficiently. Digital payments only take a few seconds, but they flow through many different layers of partners and technology. An example of a Payment Facilitator is Stax Connect.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

MARCH 14, 2024

Just about every business and consumer will prefer to pay with a credit card, but for the business accepting the payment, there are going to be transaction fees involved. If you’re making a payment with a B2B provider, you will need to check if they accept credit card payments.

Payment Services 88

Payment Services Merchant Services Payment Methods Payments 88

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.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JANUARY 24, 2024

Simply put, a surcharge amount is an extra fee that some merchants choose to levy on customers to cover the costs of processing credit card payments. However, after a 2013 lawsuit, card companies started allowing businesses to charge customers a fee for using credit cards. What Is a Credit Card Surcharge?

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 88

Stax

JANUARY 24, 2024

Simply put, a surcharge amount is an extra fee that some merchants choose to levy on customers to cover the costs of processing credit card payments. However, after a 2013 lawsuit, card companies started allowing businesses to charge customers a fee for using credit cards. The rate varies between 1.3

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 88

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.

Merchant Services 88

Merchant Services Payment Services Payment Methods Accept Credit Card Payments 88

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.

Merchant Services 88

Merchant Services Payment Methods Payments Payment Services 88

Stax

NOVEMBER 15, 2023

These fees help cover the costs of processing the payment and maintaining the card network. Interchange fees themselves are non-negotiable and they’re charged whenever a merchant accepts credit card payments. and are standardized for all people taking credit card payments.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JANUARY 15, 2024

It’s mandatory for all merchants and service providers that accept credit card payments. They’re classified into four levels based on the volume of credit card transactions they process. Let’s now proceed to the final compliance that requires your attention: the card networks you engage with.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88