article thumbnail

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

Stax

Many POS systems are also equipped with software that helps with other business processes like inventory and staff management, in addition to payment processing. Helcim Helcim is a low-cost payment processor dedicated to small and medium businesses. Create and manage invoices within the payments processing platform.

article thumbnail

Merchant Credit Card Fee Guide 2024: How Much Does It Cost to Process Credit Cards?

Stax

Processor markup These are fees charged by the payment processor, which is the company that manages and facilitates credit card transactions. This regulation is managed by the Payment Card Industry Security Standards Council (PCI SSC) and is meant to protect the cardholder’s data. These fees also vary depending on the card network.

article thumbnail

Understanding Credit Card Processing Fees for Merchants: How Much Does Processing Credit Cards Cost?

Stax

Payment Gateway: A service provider that facilitates communication between the merchant’s POS system and the acquiring bank’s payment processing system. Helcim and Stripe are the more popular payment processors offering interchange plus pricing models. Card Network (e.g., These can add up.