Remove Accept Credit Card Payments Remove Point of Sale Remove Stax
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Payment Gateway vs Payment Processor: What You Need to Know

Stax

Payment Gateway Payment Processor Primary Function Secures and transmits card data between the customer and the processor Facilitates the actual movement of funds between the customer’s and merchant’s banks Used For Online or card-not-present (CNP) transactions (e.g.

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The Ultimate Guide to Accepting Credit Card Payments

Stax

The process begins from the moment the customer makes a card payment to the point when the transaction is authorized and settled. How Do Businesses Accept Credit Cards? Some businesses choose a traditional payment solution to accept credit card payments, while others go with an integrated payment platform.

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The Price of Convenience: Is There Such a Thing as Free Credit Card Processing?

Stax

All of these steps are made easy by a surcharge-compliant credit card processor like CardX by Stax. The benefits of surcharging include cost recovery, competitive pricing, financial flexibility, and payment method diversification. Communicate: Clearly disclose the surcharge amount to customers before they make a purchase.

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Everything You Need to Know About Credit Card Processing

Stax

Payment Processor: The credit card processing company handles the processing and batching of purchases made with credit, debit, or gift card payments. They typically assist with technology needs and customer service as well, acting as an intermediary to the card associations and banks.

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What Is Tiered Pricing in Credit Card Processing?

Stax

Accepting credit card payments at your business is a surefire way of increasing customer satisfaction and retention. Over 80% of American adults owned at least one credit card in 2023. Also, credit cards contributed to 27% of the spending at point-of-sale (POS) systems worldwide.

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What Is an ISO? Everything You Should Know about Independent Sales Organizations

Stax

ISOs offer greater flexibility than banks While some businesses prefer to partner with their bank for payment processing instead of a third-party organization like an ISO, banks are more expensive and less flexible than third-party processors, and no more secure. Stax does not currently take on other ISOs as partners.

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Credit Card Processing for Small Business: Everything You Need to Know

Stax

Whether you are starting a new online store or looking to grow your existing brick-and-mortar small business, you must make provisions for accepting credit card payments. We have also put together a list of the top three best credit card processing platforms for small businesses.