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

How to Find the Right Credit Card Terminal for Your Business

Stax

Level Up Your Terminal with Stax Card Readers What is a Credit Card Terminal? A credit card terminal is a device commonly used by businesses to handle credit and debit card transactions. They can also take contactless payments from mobile wallets.

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

The parties involved in processing a credit card transaction: Cardholder: The individual or entity holding the credit card and initiating the transaction. Merchant: The business or entity selling goods or services and accepting credit card payments. to 2.54% + $0.10 Mastercard : 1.29% + $0.05

article thumbnail

Credit Card Processing for Small Business: 9 Tips for Accepting Payments Securely and Cost-Effectively

Stax

Opt for flexible, month-to-month contracts without hidden fees for credit card processing to avoid being locked into unfavorable terms. Here are Stax’ Top Credit Card Processing Tips. Request a custom quote to see how Stax Pay can work for you. Q: What are credit card processing fees for small businesses?

article thumbnail

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

Stax

consumers using two or more types of digital payment methods increased by 8%. Consumers are increasingly gravitating towards quick and convenient payment methods such as contactless payments and mobile wallets when transacting with businesses. Industry data shows that the B2B payments landscape is rather diverse.

article thumbnail

Payment Facilitator vs Payment Gateway: Key Differences and Similarities

Stax

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.