Remove compliance Remove Payment Features Remove Stax Remove Travel
article thumbnail

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

Stax

Mobile credit card processing enables them to collect same-day payments on the spot, eliminating the hassle of invoicing or waiting for checks. This not only improves cash flow but also enhances customer satisfaction by offering convenient payment options.

article thumbnail

Visa Interchange Rates 2024: What You Need to Know

Stax

Retail transactions might have different rates compared to healthcare or travel-related transactions. Compliance and Regulation: Changes in regulations or compliance requirements can also influence interchange rates. Audit your data security measures. Industry: The type of business also affects interchange rates.

article thumbnail

How Much Do Credit Card Companies Charge Merchants?

Stax

Businesses need to make sure they understand the credit card processing fees they’re responsible for paying and how this adds to the cost and compliance of accepting these cards regularly. Common types of fees that merchants should be aware of include: interchange fees payment processing fees chargeback fees. PCI compliance fees.