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

Stax

What is mobile credit card processing? Mobile credit card processing refers to the capability of accepting credit card payments using a mobile device equipped with a card reader and specialized software. You should also consider what features you may want as your business grows.

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Credit Card Surcharge Sign Wording and Template: How to Create Effective Notice for Your Surcharging Program

Stax

In 2022, industry data shows that credit card companies earned a whopping $126.4 And with merchants expected to pay as much as $502 million extra after price hikes in 2023 and 2024, these fees are shooting up faster than the transaction amounts spent on purchases. Payments made with cash or debit card won’t be surcharged.

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How to Find the Right Credit Card Terminal for Your Business

Stax

The Traditional Retail Payment Terminal Businesses such as retail stores or restaurants involve face-to-face interactions with your customers, therefore your credit card transactions with them are exclusively in-person. They both provide a new, updated, and innovative way to accept credit card payments from customers.

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How to Successfully Implement a Credit Card Surcharge Program In Your Business

Stax

Passing credit card fees onto customers has been hotly debated , but most of the country has agreed: Credit card surcharge should be available to merchants. If you’re working with a payment processing provider like Stax , they can take care of much of the following.

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

Stax

Business to business payments, therefore, refer to the payment processes and activities between two businesses. 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.

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Understanding Payment Processing Compliance When Implementing Credit Card Surcharging

Stax

PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Implementing surcharging involves analyzing pricing strategy impact, communicating policies effectively to customers, and reviewing technical considerations, including cybersecurity measures.