article thumbnail

Mobile Credit Card Processing Explained: What Business Owners Need to Know

Stax

According to Forbes , “mobile payments are increasingly being used by U.S. 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. What is mobile credit card processing?

article thumbnail

What is B2B Payments Processing and How Do You Implement It?

Stax

Business to consumer (B2C), by comparison, relies on speedy payment processing to transact on the spot. Most B2C transactions are performed at the point of sale (POS), whether it’s eCommerce or in-store checkout, which lends them to faster payment methods like mobile payments more often than B2B transactions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Understanding Credit Card Processing Fees for Merchants: How Much Does Processing Credit Cards Cost?

Stax

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.

article thumbnail

How to Find the Right Credit Card Terminal for Your Business

Stax

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.

article thumbnail

8 Top Stripe Alternatives: In-Depth 2023 Guide

FastSpring

FastSpring: International Payment Solution for SaaS. Paddle: Payment Infrastructure Platform. Billing Software for Selling Physical Goods and Services. Square: Popular Payment Platform for Startups. FastSpring: International Payment Solution for SaaS. Leverage Multiple Payment Processors to Increase Revenue.