Stax

APRIL 2, 2024

Credit card processing fees are expensive. In 2022, industry data shows that credit card companies earned a whopping $126.4 billion in processing fees. At upwards of 3.15% plus ten cents in interchange fees, these extra fees cost a pretty penny. There’s no way around it.

Merchant Services 88

Merchant Services Payment Methods Payment Services Accept Credit Card Payments 88

Stax

NOVEMBER 8, 2023

This figure used to be 24% in 2015 which makes it evidently clear that card usage is on the rise. This may be concerning for certain types of businesses as they need to spend more to process credit and debit card payments as compared to cash.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

NOVEMBER 15, 2023

If you’re selling anything at all these days—online or in-person—it’s absolutely imperative to learn about interchange fees. They significantly impact the cost of accepting card payments. TL;DR Credit card interchange fees are the fees that merchants pay to banks and credit card companies every time they accept credit cards.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JANUARY 10, 2024

Credit card transactions have quickly become the lifeblood of eCommerce businesses and storefronts alike. According to Capital One, global credit card transactions in 2022 reached an estimated 678 billion —an average of 1.86 However, accepting credit cards does come with a flipside; the ongoing sting of credit card fees.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Facilitation 88

Stax

JANUARY 15, 2024

Are you struggling with resource constraints caused by soaring credit card processing costs? Is your business experiencing an increase in complaints from customers about hidden fees or unexpected charges? Swipe fees have doubled in a decade and increased by 20% since 2022. Interchange fee management.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 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. This includes credit card payments, debit cards, and other payment options that require a merchant account to process payments, such as eChecks and ACH.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Solutions 88

FastSpring

JANUARY 8, 2019

Amazon charges fees on every sale through the Marketplace. A blog is an online log of content relevant to your market. The term blog is a combination of “web” and “log.” A blog should be included on your ecommerce site. Credit card. A lightweight data-interchange format. Amazon Marketplace.

Payment Methods 62

Payment Methods Merchant Services Payment Services Outsourcing Services 62