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How Adopting Mobile Payments Can Help Your Business Grow in 2024

Stax

Fast forward to now where much has changed, and research anticipates contactless mobile payments to exceed one billion users globally by 2024. Customers can pay with their watch or phone just by tapping it on a card reader, and businesses can host an entire POS system on a mobile phone.

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A Primer on Simple Mobile Payments for Small Business: What Merchants Need to Know

Stax

Thankfully, with mobile payments from Stax , you can quickly accept and process payments from your customers. Learn all about mobile payments and why you may want to consider joining the Stax family to streamline payments and boost your small business’ productivity.

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Digital Payments: 12 Digital Payment Options to Consider Accepting in Your Business

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Digital payments incorporate robust security features to protect sensitive information and prevent fraud. Encryption techniques ensure that payment data is transmitted securely between parties, making it difficult for unauthorized individuals to intercept or access sensitive information. What makes digital checks unique?

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Understanding the Nature of Payment Gateway Integration For Your Mobile App

Stax

In this article, we will cover the ins and outs of payment gateways, why it’s wise to integrate one with your app, and how to actually do it. Why Would Companies or Developers Want a Mobile App Payment Gateway? Payment gateways APIs Payment gateway APIs allow you to integrate the payment gateway into your app.

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Everything You Need to Know About Credit Card Processing

Stax

The information below helps to summarize the essential roles involved in payment processing. Merchant: The individual business accepting the payment and in need of credit card processing. Step 5: The business’ bank deposits the payment into the connected merchant bank account. Step 3: The card is authorized.

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Payment Gateway vs Payment Processor: What You Need to Know

Stax

Payment Processor: An Overview A payment processor is a service that handles the technical aspects of transferring payment information between the merchant, the customer, and the customer’s bank. Shopify Payments, PayPal, Stripe) Often provided by banks or payment service providers (e.g.,

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Vantiv Worldpay Merchant Services by FIS

Stax

In June 2019, Fidelity National Information Services ( FIS ) acquired Worldpay in a massive $35 billion deal, making it the largest financial technology merger at the time. This acquisition allowed FIS to leverage Worldpays payment processing capabilities , further strengthening its merchant solutions division.