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Demystifying Credit Card Interchange Fees: What You Need to Know [2024 Rates and Updates]

Stax

In this article, we will break down credit card interchange fees so you will know exactly how much you’re spending when running your business. Set rate processing Subscription rate processing TL;DR Interchange fees are not collected by your payment processor or bank; they go directly to the card-issuing banks.

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How Adopting Mobile Payments Can Help Your Business Grow in 2024

Stax

That’s where you can turn to mobile payment systems. There are many options available that plug into existing smartphones and tablets , such as the Swipe Simple B250 Reader available from Stax , to solve this problem effectively. For more information, check out some of our comparison articles.

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Tap to Pay: What It Is and How It Works

Stax

In this article, we’ll dive deeper into the tap-to-pay movement, where it is now, where it’s going, and how businesses can implement tap-to-pay for smooth, future-proof card transactions. At the front end (the POS), all-in-one providers like Stax offer hardware, software, and additional services tailored to specific industries.

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What Is an ACH Payment Facilitator?

Stax

Clearly, ACH transactions are one of the fastest-growing modes of electronic payments in the world. This also signifies the growing importance of ACH payment facilitators in the digital payments landscape. This is pretty much similar to the service that PayPal offers. Let’s get started.

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Everything You Need To Know about Merchant Processing and How To Choose the Right Solution for Your Needs

Stax

These are solutions that help you authenticate and accept payments according to your business requirements. They will also help you stay compliant with certain rules and regulations, including the various fees applicable to online payment processing. Features: Faster, reliable, and secure payments through smart terminals.