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What is a Payment Management System?

Stax

Government agencies have a payment management system to manage grant award payments, making the search for payment management system information more complicated. Department of Health and Human Services (HHS) also has a Payment Management System, which is a centralized grant payment system managed by the federal government.

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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 an ACH Deposit and How Does It Work?

Stax

When you use Stax , ACH transactions only cost $0.29 Get in touch with Stax to speak with a payment expert who can help. ACH transfers don’t come with high fees and transactions. Most businesses only have to pay a 1% transaction cost , and the cost caps itself at $10. on average.

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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. The good news is that if you’re using a solution like CardX by Stax, managing a surcharging program is a breeze. While these costs are unavoidable, businesses are seeking ways to minimize their impact on their bottom line.

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Visa Interchange Rates 2024: What You Need to Know

Stax

For example, Stax operates on a flat-rate subscription model that provides you totally transparent access to the exact interchange fees—with no high markups. Talk to Stax today to find out how much we can help you save on payment processing fees. A great payment provider can save your business tons of money in processing fees.

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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.