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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. For example, Stax operates on a flat-rate subscription model that provides you totally transparent access to the exact interchange fees—with no high markups. Educate yourself on how interchange rates are calculated.

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Vertical SaaS vs Horizontal SaaS: 8 Differences and Similarities

Stax

Some examples of niches targeted by vertical SaaS providers include healthcare, eCommerce, finance, and education. To select the right SaaS model, you’ll want to determine which aligns better with your software features, target audience, and brand messaging to stand out in an increasingly saturated marketplace.

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Can You Decrease Credit Card Interchange Fees?

Stax

That said, these fees can vary based on several factors like card brand, transaction location, etc. You will, however, see higher or lower interchange fees depending on a variety of factors, such as the card brand, the location of the transaction (whether it’s in-person at a point-of-sale or online) and more. They are non-negotiable.

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

Stax

The processing fee can be a fixed value or a percentage and varies among card brands. The impact on pricing transparency Customers usually want brands to be transparent about their product costs. Jeffrey adds, “ Of course, when our clients still have reasons to opt for credit cards, CardX by Stax.