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APRIL 18, 2024

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. Popular mobile payment solutions include Square, PayPal Here, and Shopify POS.

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Payment Services Merchant Services Payment Methods Payment Solutions 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.

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DECEMBER 20, 2023

Leverage Your Data Your credit card processing solution will ultimately gather a lot of unique data on customer behavior and preferences. Analyzing this data in the reports your processor provides can help tailor marketing efforts and improve overall business strategies.

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Payment Services Merchant Services Payment Methods Payment Solutions 88

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FEBRUARY 28, 2024

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. Like surcharging, credit card companies and state laws determine which businesses, in which states, can apply convenience fees.

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Stax

NOVEMBER 15, 2023

These fees help cover the costs of processing the payment and maintaining the card network. Interchange fees themselves are non-negotiable and they’re charged whenever a merchant accepts credit card payments.

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Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JANUARY 15, 2024

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.

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Payment Services Merchant Services Payment Methods Payment Solutions 88

ProfitWell

NOVEMBER 5, 2019

While these strategies might reduce churn in the short term—and they might technically be legal—they create an awful experience for customers and potentially lead to disastrous PR for your company—not to mention the ongoing churn problem you’ll still need to address eventually. 5 ethical tactics for increasing your subscription renewal rate.

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