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How to Streamline Your SaaS Clients’ Merchant Underwriting Process—and Improve Adoption Rates

Stax

This is where merchant underwriting comes in—merchant account underwriters check if new merchants meet the guidelines set by the bank and card brands. This is where merchant underwriting comes in—merchant account underwriters check if new merchants meet the guidelines set by the bank and card brands.

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Visa Interchange Rates 2024: What You Need to Know

Stax

Card Type: Different card types ( debit , credit, rewards cards) and card brands carry different interchange rates. Audit your data security measures. Secure payment processing methods can result in reduced fees, as the card networks offer reduced fees on transactions they deem less risky. swiping vs. manual entry).

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Vertical SaaS vs Horizontal SaaS: 8 Differences and Similarities

Stax

While their target audience and the breadth of their solutions are the key differences, vertical and horizontal SaaS also share many similarities, in particular cloud-based hosting and subscription business models. Some examples of niches targeted by vertical SaaS providers include healthcare, eCommerce, finance, and education.

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Credit Card Surcharges: What Are They and Are They Legal?

Stax

This covers the costs of processing the payment, the risks involved, and also the chance of the payment being a fraud. The processing fee can be a fixed value or a percentage and varies among card brands. To avoid this, businesses can add a surcharge fee for credit card payments.