Stax

MARCH 13, 2025

Behind every seamless payment card transaction is a complex network of banks, credit card companies, and payment systems working together to transfer money from the customer to the merchant. Payment processors usually tack on additional fees on top of interchange to compensate for their services (based on their pricing model ).

Payment Services 88

Payment Services Merchant Services Payment Methods Technical Review 88

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. These systems enable a smartphone or tablet to function as a card terminal.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 88

Stax

JULY 1, 2024

Businesses should look for ease of use, cost-effectiveness, scalability, compliance, and integration capabilities in potential payroll systems. Scalability A common pain point for growing businesses is switching systems regularly as you outgrow solutions. Patriot gets high reviews for its user-friendliness and customer support.

Payment Solutions 88

Payment Solutions Payment Services Payment Methods Payments 88

Stax

JANUARY 10, 2024

The purpose of an interchange fee is to compensate the card issuer for the risk and operational costs associated with providing the credit or debit card service to the customer. Rewards cards cost merchants more to process due to the complexity of the program and administering the perks on offer. This is where CardX by Stax comes in.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Facilitation 88

Stax

MARCH 14, 2024

While not all businesses can surcharge due to legal restrictions or customer preferences, for some, it can be an effective way to offset processing costs and keep more money in their pockets. One way to manage inventory efficiently is by using something called a just-in-time (JIT) inventory system.

Payment Methods 68

Payment Methods Payment Services Payment Solutions Payments 68

Stax

NOVEMBER 21, 2024

Stax, Payment Depot, and CardX are three of the very best providers in the industry. The customer can make the credit payment physically by swipe, dip, or tap, depending on your point-of-sale (POS) system , which will capture the credit card details. The payment could also be made via digital means.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

MARCH 11, 2025

Its a process where the credit card data is replaced by placeholder values on your local system, while the original data is stored externally in a secure data vault. You must review the payment methods available on the providers platform and ensure all the preferred payment methods of your target customers are included.

Payment Methods 88

Payment Methods Payment Services Merchant Services SaaS Payments 88