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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.

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

Stax

Terminal or equipment fees – Small businesses often lease or purchase payment processing equipment, such as point-of-sale (POS) systems or credit card terminals. PCI-compliance fees – Businesses running credit card transactions must be compliant with the Payment Card Industry Data Security Standard (PCI DSS).

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Demystifying Credit Card Interchange Fees: What You Need to Know [2024 Rates and Updates]

Stax

While you have control over whether a cardholder’s card is swiped or keyed in at the point of sale, you can’t control what kind of card they use. Regulated POS Debit, purchases and purchases with cash back Debit Rate (USD): 0.05% + $0.21 PIN Regulated POS Debit Rate (USD): 0.05% + $0.21 World (USD): 1.90% +$0.02

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

Stax

FIS Global reports that in Norway, Sweden, and other Scandinavian countries, more than 90% of transactions processed at point-of-sale (POS) in 2023 were cashless. ISVs create software platforms for various industries, including business management, healthcare, and finance.

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Navigating Ecommerce Sales Tax and VAT

FastSpring

State governments use a variety of different methods to determine sales tax on tangible goods sold with a service. But why collect sales tax in the first place? Sales tax provides state governments and localities an additional form of funding for expenditures like public safety, healthcare, and education. What is VAT?

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The Benefits of SaaS and Implementing SaaS Payments

Stax

The SaaS model isn’t just for the tech industry—cloud services are widespread in industries such as healthcare, retail, eCommerce, and education. Security and compliance SaaS providers put a lot of effort into protecting their applications as well as business data. However, such software needs to be implemented with the utmost care.

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Best Employee Scheduling Software

Neil Patel

I like ShiftNote because they have industry-specific solutions for categories like restaurants, hotels, retail, manufacturing, healthcare, education, and breweries. This includes things like labor cost management, employee retention, fatigue management, compliance, and more. Best of all?