Stax

NOVEMBER 14, 2024

Payment Processor: The credit card processing company handles the processing and batching of purchases made with credit, debit, or gift card payments. per transaction +20-30¢ per transaction The Payment Process Whenever your customers use a credit card to make a payment, each of the parties mentioned above gets involved.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

MARCH 18, 2025

Payment processing systems help merchants accept various types of payments, such as credit and debit cards, automated clearing house (ACH) , electronic funds transfers (EFTs), digital wallets, mobile payments, and even cryptocurrencies. It authorizes or declines payments based on available funds and fraud checks.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JUNE 9, 2024

Following this approach, most retail business owners try to find a Point-of-Sale (POS) system for retail businesses that can make their operations (especially in-store) more efficient, manageable, and cost-effective. This will help you avoid the issues that come with legacy POS systems and maximize your new POS solution.

Point of Sale 88

Point of Sale Payment Solutions Payment Services Merchant Services 88

Stax

MAY 6, 2025

The process begins from the moment the customer makes a card payment to the point when the transaction is authorized and settled. Some businesses choose a traditional payment solution to accept credit card payments, while others go with an integrated payment platform. How Are Credit Card Payments Processed?

Accept Credit Card Payments 88

Accept Credit Card Payments Payment Services Merchant Services Payment Methods 88

Stax

JULY 25, 2024

Years ago, point-of-sale (POS) systems were reserved for large enterprises with big budgets. Today, a small business is barely complete without a POS system. If you feel left out, the good news is that there’s a POS system out there ideal for your business. Finding one for your business can be overwhelming.

Point of Sale 88

Point of Sale Payment Methods Payment Solutions Payment Services 88

Stax

JUNE 24, 2025

Types of credit card processing companies There are two general types of payment processors: Direct processors (like Stax) offer businesses a dedicated merchant account, with more control and often lower costs at scale. Ask yourself: Do you need to accept payments in person, online, or both?

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Features 88

Stax

DECEMBER 6, 2024

Worldpay Today: An Independent Entity Now an independent entity once again, Worldpay continues to offer comprehensive payment processing services to businesses globally. Stax and Worldpay: A Powerful Partnership Stax is one of the largest Independent Sales Organizations (ISOs) partnered with Worldpay.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

JANUARY 3, 2024

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. In fact, mPOS systems are gradually gaining market share from the fixed cash-register-style POS market.

Point of Sale 88

Point of Sale Payment Methods Payment Solutions Payment Services 88

Stax

MARCH 5, 2025

Payment gateway : The role of the payment gateway is to capture the payment information entered into the eCommerce platform, in order for the data to be sent to the payment processor. Think of the gateway as the online equivalent of a card reader or point of sale (POS) system in a brick-and-mortar store.

Payment Services 88

Payment Services Payment Methods Merchant Services Payments 88

Stax

NOVEMBER 21, 2024

To set up credit card payment processing for your business, you need to apply for a merchant account, and upon approval, get a payment gateway (online payments) and payment terminals (card readers, virtual terminals) to start accepting card payments. The payment could also be made via digital means.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JANUARY 5, 2024

Level Up Your Terminal with Stax Card Readers What is a Credit Card Terminal? They can also take contactless payments from mobile wallets. These are referred to as “card-present” transactions, which basically just means the cardholder and credit card is physically present at the time of sale.

Payment Methods 88

Payment Methods Payment Services Merchant Services Payment Solutions 88

Stax

SEPTEMBER 17, 2024

TL;DR A payment gateway is a solution that securely reads and transfers a customer’s payment information to a merchant’s bank account—both for online and in-person transactions. Benefits of using a payment gateway include a simplified purchasing experience for customers, increased operational efficiency, and PCI compliance.

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88

Stax

SEPTEMBER 12, 2024

Cash is no longer having its moment; card payments are in. From debit and credit cards to Google or Apple Pay, digital, contactless, and mobile payments are on the rise. Since they’re relatively larger and have limited mobility, they’re not great options if you don’t have a single POS location.

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88

Stax

APRIL 18, 2024

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. Convenience to your customers is another benefit.

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88

Stax

JULY 11, 2024

According to Statista , in 2024, 60% of consumers have use Apple Pay at the point of sale (in physical locations) while 38% use it online. All this to say that Apple Pay is a big deal, and if you t ake credit card payments in your business, it’s worth learning more about this mode of payment.

Merchant Services 88

Merchant Services Payment Methods Payment Services Point of Sale 88

Stax

APRIL 30, 2024

However, if you’re buying the shirt online, then the payment can be processed by simply entering the card details into the device used for purchase. They consist of the hardware and software components required to process an in-person payment. Customers can swipe or tap their cards using the terminal to start a payment.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 88

Stax

FEBRUARY 28, 2024

There are a variety of payment terminal brands on the market, but the place to start is by looking at the payment terminals your payment processing provider supports. Your payment terminal can be fully or semi-integrated with your POS system. Payment Processing Rate Card-present rate. Card-present rate.

Payments 88

Payments Payment Methods Merchant Services Payment Services 88

Stax

NOVEMBER 13, 2023

NFC even enables smart packaging to provide customers with product and usage information at the point of sale. Here’s how: Research and choose the right vendor Many different POS (point of sale) providers offer contactless payment capabilities.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Solutions 88

Stax

APRIL 11, 2024

TL;DR Payment Management Systems manage payment processing so you can accept payments, send invoices, track transactions, and view financial data. Government agencies have a payment management system to manage grant award payments, making the search for payment management system information more complicated.

Payment Services 88

Payment Services Payment Solutions Merchant Services Payment Methods 88

Stax

MARCH 14, 2024

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.

Payment Services 88

Payment Services Merchant Services Payment Methods Payments 88

Stax

MARCH 15, 2025

Embedded payments come with a lot of responsibilities, such as bank sponsorship and risk management, which is why finding the right payments partner like Stax Connect is essential to help you monetize payments and own the entire experience. What is Payment Monetization? credit card processing, lending, etc.

Payments 88

Payments Merchant Services SaaS Payments Payment Services 88

Stax

MARCH 11, 2025

Digital wallets Digital wallets let your buyers make online payments quickly and securely via any internet-connected device using pre-stored financial details. They are popular with buyers under 35 years of age and must be part of the mobile payment methods you support if your target audience falls within that demographic.

Payment Methods 88

Payment Methods Payment Services Merchant Services SaaS Payments 88

Stax

DECEMBER 27, 2023

Types of Merchant Accounts Type Description Ideal for Services Notes Retail Merchant Accounts Process payments in-person at brick-and-mortar stores Retail stores, supermarkets, restaurants, beauty salons POS integration, high-volume processing Fast processing, secure transactions.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Solutions 88

Stax

SEPTEMBER 17, 2024

That’s where Stax comes in. But here’s the good news: the right payments processor can help keep your cybersecurity ducks in a row. Stax is a Level 1 PCI Service Provider. Level 1 is the highest level of PCI compliance, and protecting sensitive data is a top priority at Stax. So how can your business stay PCI compliant?

Payment Services 88

Payment Services Merchant Services Payment Methods compliance 88

Stax

DECEMBER 20, 2023

In fact, that’s the fastest growth rate for card payments…ever. As a small business owner, it’s important to accept different payment methods like cash, credit card, and contactless or NFC mobile payments to ensure an easy shopping experience for your customers.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Features 88

Stax

APRIL 18, 2024

Payment Gateway: A service provider that facilitates communication between the merchant’s POS system and the acquiring bank’s payment processing system. The steps to process a credit card transaction Step 1: Authorization Request The process initiates when a customer presents their credit card for payment.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

AUGUST 29, 2024

The question is: how do payment service providers work and how can you choose the right one for your business? PSPs offer joint merchant accounts and flat-rate processing fees that make them ideal solutions for small businesses that only process payments occasionally. Read on to find out.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

APRIL 10, 2025

In contrast, debit card payments are withdrawn directly from the customers bank account and are mainly used by buyers who want to control their spending. Card payments are convenient, secure, and a major positive for your cash flow, with funds being deposited to your account within hours to a few days. Talk to sales

Payment Methods 88

Payment Methods Payment Services SaaS Payments Payment Solutions 88

Stax

MARCH 14, 2024

In the context of payments, NFC technology allows for contactless transactions where the payment device (e.g., smartphone or contactless card) is simply tapped or waved near a compatible payment terminal to complete a transaction. NFC technology is commonly used in contactless payment systems, mobile payment apps (e.g.,

Payment Methods 88

Payment Methods Merchant Services Payment Services Payment Solutions 88

Stax

DECEMBER 6, 2023

The rise in these fees can be attributed to the substantial investment required for the development and maintenance of secure payment processing infrastructure, protection against fraud, and the convenience offered to consumers. Service providers such as CardX by Stax help companies offset some of these fees in a compliant and seamless way.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

JUNE 11, 2024

Cashless payments offer customers the convenience of quick transactions without needing physical currency. In 2023, cash accounted for 12% of POS system transactions and only 1% of all eCommerce transactions in the US. Update your point-of-sale system and marketing materials to reflect the new pricing structure accurately.

Merchant Services 68

Merchant Services Payment Methods Payment Services Payment Solutions 68

Stax

OCTOBER 14, 2024

Consider the average transaction size and volume your business handles, as some processors are better suited for larger transactions, while others are ideal for high-frequency, low-amount payments. Need to send invoices or only take payments at a point-of-sale? Stax offers in-house customer service.

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88

Stax

AUGUST 13, 2024

It’s hardly surprising that contactless cards and mobile payments have become a far superior alternative to using cash, swiping/dipping cards, or keying in your card number to make payments. A study by The Harris Poll found that 42% of consumers view tap-and-pay credit cards as the safest form of payment.

Payment Methods 88

Payment Methods Payment Services Payment Solutions Payments 88

Stax

JANUARY 21, 2025

Any merchant who transacts in the offline world (like brick-and-mortar stores or even mobile businesses) needs a modern point-of-sale (POS) system. The right solution will enable you to ring up sales with ease, as well as manage the various components of your business. Talk to sales What is a POS system?

Point of Sale 88

Point of Sale Payment Solutions Payment Services Merchant Services 88

Stax

DECEMBER 10, 2024

TL;DR Credit card readers are essential for businesses to accept card payments, offering swiping, dipping, tapping, and mobile payment options. They expand your payment flexibility, making it easier to reach more customers. Stax offers a range of payment processing equipment to get you started if you need help.

Payment Methods 88

Payment Methods Merchant Services Payment Solutions Payment Services 88

Stax

DECEMBER 12, 2024

In theory, you could accept third-party payment methods like PayPal, Apple Pay, or Google Pay without merchant services, but this would require individually setting up and integrating each one into your website or point-of-sale setup. The behind-the-scenes technology that routes payment information. POS systems.

Merchant Services 88

Merchant Services Payment Services Payment Methods SaaS Payments 88

Stax

JANUARY 21, 2025

A payment gateway is a tool that allows merchants to authenticate and receive payments from their customers electronically. Its a digital evolution of the conventional point-of-sale (POS) terminal. A physical POS terminal requires customers to insert, swipe, or tap their cards on the machine.

Payment Methods 88

Payment Methods Payment Services Merchant Services Payment Solutions 88