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What is a Payment Management System?

Stax

SMB owners wear many hats, managing everything from staff to sales. Government agencies have a payment management system to manage grant award payments, making the search for payment management system information more complicated. At Stax, we understand the juggling act all small and medium businesses contend with.

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Everything You Need to Know About Secure Payment Processing Systems

Stax

Secure payment systems comply with strict security standards and regulations set forth by governing bodies and industry organizations. EMV Standards: EMV (Europay, Mastercard, and Visa) standards govern the technology used in chip-enabled payment credit and debit cards and terminals.

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How to Streamline Your SaaS Clients’ Merchant Underwriting Process—and Improve Adoption Rates

Stax

SaaS companies can avoid having to integrate their software with that of gateways and banks, undergo thorough merchant underwriting, and submit mountains of documents by working with a trusted PayFac like Stax to make their software more comprehensive for their clients. What Is Merchant Underwriting?

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

Stax

Service providers such as CardX by Stax help companies offset some of these fees in a compliant and seamless way. When a customer chooses to pay for their purchase with a credit card at the point of sale, the merchant adds a surcharge to the transaction. What is a Credit Card Surcharge Fee?

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Ultimate Guide to Surcharges: What is a Surcharge and How Does It Work

Stax

This surcharge covers costs associated with adopting and maintaining government-mandated sustainable practices. Governments impose regulations to protect the public’s interests and promote fair corporate practices. Whether online, in-office, or in-person, CardX by Stax’s turnkey solution implements surcharging effortlessly.

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What is a Merchant Cash Advance and is MCA Right for You?

Stax

A merchant cash advance (MCA), also referred to as a merchant loan or business cash advance, is a short-term business financing option that allows small business owners to receive cash advances based on future credit or debit card sales. you’ll pay a total of $112,500 You then repay the MCA from your future credit card sales.

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Credit Card Surcharge Sign Examples and Templates for Merchants

Stax

Plus, there are federal laws governing surcharges. Clarity and visibility A credit card surcharge sign can be of two types: point-of-sale notification and point-of-entry notification. Essentially, you should have a credit card surcharge sign at each of your points of sale (POS) at your brick-and-mortar store. Take a look below.