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How Adopting Mobile Payments Can Help Your Business Grow in 2024

Stax

Customers can pay with their watch or phone just by tapping it on a card reader, and businesses can host an entire POS system on a mobile phone. From hardware equipment to specialized merchant services, here’s how you can use mobile payment services to grow your enterprise this year.

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Understanding the Payment Terminal: Integrated vs. Semi-Integrated vs. Non-Integrated Payment Terminals

Stax

Your payment terminal can be fully or semi-integrated with your POS system. Fully-Integrated Semi-Integrated Non-Integrated POS Requirements The POS and terminal are one and the same. As such, there is a 2-way sync between the devices The POS system offers One-way communication to the physical terminal. Card-present rate.

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

Stax

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. Business to consumer (B2C), by comparison, relies on speedy payment processing to transact on the spot.

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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. Small businesses can pay about $300 per year while large enterprises can expect to pay up to $70,000. These fees can also vary based on transaction type.

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How to Successfully Implement a Credit Card Surcharge Program In Your Business

Stax

Point of sale terminals are reprogrammed (or pre-programmed) to add the appropriate fee without manual input from merchants. If you’re working with a payment processing provider like Stax , they can take care of much of the following. Here at Stax, we can reprogram existing terminals and also have pre-programmed options.

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Everything You Need to Know About Secure Payment Processing Systems

Stax

A secure payment gateway is a technology platform that facilitates the secure transmission of payment information between a merchant’s website or point-of-sale system and the payment processor or acquiring bank. With Stax, you can rest easy knowing your data is protected and secure.

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

Stax

Learn More Understanding Online Terminals (aka Virtual Terminals) An online terminal, often called a virtual terminal, is a web-based application that enables online payments without needing a physical credit card machine or POS (Point of Sale) system. Q: Why do businesses need an online terminal?