Stax

JANUARY 23, 2025

Merchant account underwriting is the evaluation process payment processors use to assess whether a business meets the criteria for accepting credit card payments. Anti-Money Laundering (AML): AML checks prevent the use of payment systems for illegal activities, such as money laundering or financing terrorism.

Merchant Services 68

Merchant Services Payment Services Payment Methods Development Team Review 68

Stax

NOVEMBER 14, 2024

Cardholder: The customer who owns the credit card being used for purchase. Card Association: Visa, Mastercard, American Express, and Discover. These are not banks, but rather governing bodies that set interchange rates, and arbitrate between acquiring and issuing banks. Step 3: The card is authorized.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

MARCH 11, 2025

You must set up a cryptocurrency wallet to accept digital currency and also implement a medium for customers to provide their own wallet address and the payment amount they are sending. Step 3: Get your merchant account We already established that you cant accept credit card payments without a merchant account.

Payment Methods 88

Payment Methods Payment Services Merchant Services SaaS Payments 88

Stax

SEPTEMBER 17, 2024

That’s where Stax comes in. Legal Repercussions If a credit card data security breach occurs and the business is found to have used a non-PCI certified provider, they may face class action lawsuits from affected customers, banks, and credit card companies. Stax is a Level 1 PCI Service Provider.

Payment Services 88

Payment Services Merchant Services Payment Methods compliance 88

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.

Payment Services 88

Payment Services Merchant 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. Credit card surcharging is legal in most U.S. Surcharging is governed by certain rules and regulations.

Merchant Services 68

Merchant Services Payment Methods Payments Payment Services 68

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. Credit card surcharging offered relief to U.S. Explore CardX by Stax for a smart surcharging solution today.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88