Stax

APRIL 18, 2024

Typically, the merchant’s payment processing software will build the credit card processing rates into their fee. Choosing the payment processor and other items in your credit card processing tech stack will depend entirely upon your business model. Square and PayPal are two that have popularized this model.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

MAY 7, 2024

For example, the interchange fees for online transactions may be higher due to the higher risk of credit card fraud. Some popular processors offering interchange plus pricing structures include Payment Depot, Stripe, and Helcim. Payment processors who’ve popularized this model include PayPal and Square.

Merchant Services 88

Merchant Services Payment Services Payment Methods Accept Credit Card Payments 88

Stax

APRIL 30, 2024

If the details are verified and there are enough funds in the customer’s account, the issuing bank will send an authorization code to the card company through the payment processor. Otherwise, they can also decline the payment. This authorization code is forwarded to the card company and then to the acquiring bank.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 88