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.
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. Your business may use only one type or multiples depending on your needs and business model.
ProfitWell
NOVEMBER 5, 2019
The key feature separating subscription businesses from their more standard counterparts is the recurring nature of payments. In the subscription business model, customers pay a recurring amount in exchange for access to a product or service.
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