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

Stax

Instead, it’s based on a subscription structure where merchants pay an annual or monthly fee plus the specific interchange rates at the time of the transaction. This makes it a popular choice for small businesses looking to set up credit card payments. Stax is one card payment processor that uses this pricing model.

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A Detailed Guide on Point Of Sale Systems (POS Systems): Everything You Need To Know

Stax

Below are a few examples of the types of business that benefit most from point-of-sale solutions: Clothing and shoes Electronics Food Pet supplies Entertainment Beauty supplies Alcohol Tools Home goods Hospitality You will likely interact with a POS system when you go to a restaurant, a bar, or stay at a hotel.