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Visa Interchange Rates 2024: What You Need to Know

Stax

Compliance and Regulation: Changes in regulations or compliance requirements can also influence interchange rates. Stay informed through industry publications that discuss changes in interchange rates, regulations, and trends affecting payment processing. Industry: The type of business also affects interchange rates.

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Ultimate Guide to Surcharges: What is a Surcharge and How Does It Work

Stax

Cost recovery, industry standards, regulatory compliance, and consumer sensitivity are key factors to consider when calculating surcharges. Companies, particularly those in the healthcare, transportation, and food industries, levy surcharges to meet these compliance standards. Regulatory Compliance. Minimum usage surcharge.

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What is an Online Terminal and Why Do Merchants Need One?

Stax

With seamless online payment processing, streamlined processes, and enhanced operational efficiency, online terminals simplify transactions, bolster security, and provide valuable insights into customer behavior and sales trends. This connection enables the business to accept payments from different financial networks and countries.

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What Is an ACH Payment Facilitator?

Stax

The great thing about an ACH PayFac solution like Stax Connect is that SaaS companies or ISVs can embed ACH payments in their software easily and own (also, white label) the payment experience. Provides compliance and security advantages ACH payments are one of the most secure payment options your customers can have.

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ISV vs PayFac: The Similarities and Differences Between Independent Software Vendors and Payment Facilitators

Stax

In the ISO model, an ISV partners with a third party that handles merchant account setup, payment processing, risk, and compliance. In the ISO model, an ISV partners with a third party that handles merchant account setup, payment processing, risk, and compliance.