Stax

APRIL 3, 2025

Its the bridge between an eCommerce website, its customers, and the bank. Its the third-party service that serves as the link between the payment gateway, acquiring bank, and issuing bank or card network. It works in tandem with the customers bank or credit card provider to verify and authorize the transaction.

Payment Methods 88

Payment Methods Merchant Services Payment Solutions Payment Services 88

Stax

MAY 5, 2025

A payment gateway solution is a service that authorizes credit card payments and processes them on behalf of the merchant. Fifty-three percent of smartphone users choose to buy company-specific apps from the Apple app store or Google Play marketplace rather than mobile websites. Alipay, iDEAL, M-Pesa).

Payments 88

Payments Payment Services Merchant Services Payment Solutions 88

Stax

APRIL 17, 2025

Think: cloud platforms and operating systems like Microsoft, Amazon Web Services (AWS), the Salesforce ecosystem, or a payment platform. This could mean building an app that runs on Azure, integrating payments through Stax Connect , or creating an add-on for Oracles software suite.

Merchant Services 88

Merchant Services Payment Solutions Payment Services Payments 88

Stax

MARCH 4, 2025

The issuing bank verifies whether the customer has enough funds in their account to complete the transaction. Once approved, the information is sent to the merchants bank account, where the funds are deposited. Also, evaluate the quality of customer service you receive.

Payment Methods 88

Payment Methods Payments Payment Services Merchant Services 88

Stax

JANUARY 17, 2024

Automated Clearing House (ACH) payments are a type of electronic bank-to-bank payment system in the US. An ACH payment facilitator, therefore, is simply a PayFac that allows users to accept payments through an electronic bank-to-bank network. This is pretty much similar to the service that PayPal offers.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

DECEMBER 27, 2023

A merchant account acts as a pathway between your business, your customers, and the issuer and acquiring banks to process electronic transactions like credit cards. A merchant account refers to a business bank account that allows businesses to accept electronic payments for goods and services.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Solutions 88

Stax

JANUARY 22, 2024

Consider the following: Merchants are the sellers, businesses, or service providers seeking payment for their offerings. The acquiring bank (or issuing bank or acquirer) is the financial institution that enables merchants to accept payments, transferring funds from customers to the merchant’s account.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88