Remove Marketplace as a Service Remove Mobile Remove Payment Facilitation Remove Stax
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Payment Facilitator vs Payment Gateway: Key Differences and Similarities

Stax

In a world where we’re spending more and more time online and every click is a potential transaction, it’s no surprise the eCommerce and digital payments sectors are experiencing exponential growth. In this article, we’ll dive into the intricacies of two types of players in the eCommerce ecosystem: payment gateways and payment facilitators.

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The 7 Best Mobile POS Systems for Small Businesses in 2024

Stax

Whether businesses are on the road or staff are simply moving about in-store, mobile point of sale systems (mPOS systems) are becoming an increasingly popular POS option for small businesses. Today, they’re known for their robust services, enhanced security, user-friendly interfaces, and the integration of advanced data analytics.

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What are Merchant Accounts and How Do They Work?

Stax

Accepting payments is the most important functionality that a business needs to start selling. But to accept payments seamlessly and securely, you need a merchant account. A merchant account refers to a business bank account that allows businesses to accept electronic payments for goods and services.

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How Much Do Credit Card Companies Charge Merchants?

Stax

As well as improving profit margins, these activities can also enhance the customer experience and give merchants a competitive advantage in the marketplace. Credit card fees, including interchange, assessment, and payment processor fees, impact businesses on a per-transaction or recurring basis. 2% of the total transaction value.