article thumbnail

Mobile Credit Card Processing Explained: What Business Owners Need to Know

Stax

According to Forbes , “mobile payments are increasingly being used by U.S. Not only are there a number of ways your customers could be using their mobile devices to give payments, but you as a business owner could be leveraging mobile devices to accept them as well. Understanding what you want is the hardest part.

article thumbnail

5 Best Paddle Alternatives in 2024

FastSpring

FastSpring includes global payment processing and recurring revenue management, of course, but the platform also takes care of the end-to-end checkout process, including optimization of your checkout flow, collecting and remitting sales tax and VAT, localization, fraud prevention, global compliance, and more. Digital invoices.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is a Payment Management System?

Stax

Look for a PMS that can serve as an all-in-one platform for payment processing, integrates with other technologies, offers appropriate POS equipment, and prioritizes security compliance. Learn More What is a Payment Management System? Q: How do you select the right payment management system?

article thumbnail

What is B2B Payments Processing and How Do You Implement It?

Stax

Business to consumer (B2C), by comparison, relies on speedy payment processing to transact on the spot. Most B2C transactions are performed at the point of sale (POS), whether it’s eCommerce or in-store checkout, which lends them to faster payment methods like mobile payments more often than B2B transactions.

article thumbnail

ISVs vs SaaS: What’s the Difference?

Stax

For example, Stax APIs and mobile development kits enable secure in-person, online, ACH, and mobile payments on any platform. Both may also incorporate compliance standards in their products. They can work with compliance experts or third-party consultants to achieve this.

article thumbnail

The 7 Best Mobile POS Systems for Small Businesses in 2024

Stax

Security and compliance standards Security is paramount in any POS system to protect sensitive customer information. An mPOS system should adhere to industry-standard security protocols, such as PCI DSS compliance, and include encryption and tokenization to safeguard data. Q: What does a mobile POS do?

article thumbnail

What is a Surcharge Fee? How it Helps Consumers and Businesses

Stax

Credit card surcharging is subject to regulations and compliance requirements that vary by region and country. Encouraging alternative payment methods—surcharging incentivizes customers to use alternative payment methods that don’t incur surcharges, including ACH , debit cards, or mobile payment apps, saving the business and consumers money.