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Mobile Credit Card Processing Explained: What Business Owners Need to Know

Stax

According to Forbes , “mobile payments are increasingly being used by U.S. Not only are there a number of ways your customers could be using their mobile devices to give payments, but you as a business owner could be leveraging mobile devices to accept them as well. Understanding what you want is the hardest part.

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What is B2B Payments Processing and How Do You Implement It?

Stax

Business to consumer (B2C), by comparison, relies on speedy payment processing to transact on the spot. Most B2C transactions are performed at the point of sale (POS), whether it’s eCommerce or in-store checkout, which lends them to faster payment methods like mobile payments more often than B2B transactions.

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The 7 Best Mobile POS Systems for Small Businesses in 2024

Stax

Imagine a restaurant using a mobile POS system to manage sales both at its permanent locations and through its food truck. At various locations where the food truck operates, staff use tablets equipped with a mobile app for transaction processing. mPOS solutions are the superpower for small businesses in 2024.

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Understanding Credit Card Processing Fees for Merchants: How Much Does Processing Credit Cards Cost?

Stax

Square and PayPal are two that have popularized this model. Membership-based processors , such as Stax make their money through the annual or monthly fees, rather than taking a cut of your sales. Integrated payment processing software is essential for managing transactions, authorizations, and settlements seamlessly.

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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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Everything You Need To Know about Merchant Processing and How To Choose the Right Solution for Your Needs

Stax

These machines are connected to the merchant processing systems that verify the transactions and push the payment through to your business account. Many POS systems are also equipped with software that helps with other business processes like inventory and staff management, in addition to payment processing.

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What are Merchant Accounts and How Do They Work?

Stax

Without a merchant account, it’s very difficult to ensure consistent cash flow or manage multiple sales channels effectively. Moreover, many merchant accounts today come bundled with a payment gateway, another crucial component of the online payment process that streamlines transactions and protects against fraudulent activity.