Stax

JUNE 24, 2025

That said, if you communicate openly with your customers and explain the reasoning behind your surcharging program, you may find that many are understanding and appreciative of the transparency. Note: this can be mitigated with proper communication.) Q: How can businesses communicate surcharging policies to customers effectively?

Payment Services

Stax

APRIL 30, 2024

Depending on the business type, merchant processing solutions are of two types: Point-of-sale (POS) systems POS systems are a popular payment collection system, with more than 93,300 companies using them in the US alone. In comparison, POS systems are ideal for businesses that operate from one single location.

Merchant Services

Stax

APRIL 18, 2024

Payment Gateway: A service provider that facilitates communication between the merchant’s POS system and the acquiring bank’s payment processing system. The merchant’s point-of-sale (POS) system sends an authorization request to the acquiring bank (also known as the merchant bank) via a payment gateway.

Merchant Services

Stax

MAY 7, 2024

Terminal or equipment fees – Small businesses often lease or purchase payment processing equipment, such as point-of-sale (POS) systems or credit card terminals. Some popular processors offering interchange plus pricing structures include Payment Depot, Stripe, and Helcim. Each of the tiers has its own pricing rate.

Merchant Services