Stax

APRIL 30, 2024

Merchant service providers ensure that all these entities work cohesively and make the end-to-end payment process hassle-free through the following steps. Let’s assume the customer’s preferred payment method is a credit card: The customer makes a purchase and presents their credit card to the merchant.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 88

Stax

MAY 7, 2024

Some popular processors offering interchange plus pricing structures include Payment Depot, Stripe, and Helcim. Flat-rate pricing With this model, the payment processor charges a fixed percentage or flat fee on all transactions. This makes it a popular choice for small businesses looking to set up credit card payments.

Merchant Services 88

Merchant Services Payment Services Payment Methods Accept Credit Card Payments 88

Stax

APRIL 18, 2024

The steps to process a credit card transaction Step 1: Authorization Request The process initiates when a customer presents their credit card for payment. The merchant’s point-of-sale (POS) system sends an authorization request to the acquiring bank (also known as the merchant bank) via a payment gateway. These can add up.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88