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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. What is mobile credit card processing?

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Tap to Pay: What It Is and How It Works

Stax

In Seoul, South Korea, the Seoul Bus Transport Association introduced the UPass, a contactless payment card that commuters could tap on as they entered the bus. Google was the first, in 2011, to enable contactless payments via their mobile app. Tapping their phone to a terminal proved far more exciting than tapping the card.

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Everything You Need to Know About Secure Payment Processing Systems

Stax

A secure payment gateway is a technology platform that facilitates the secure transmission of payment information between a merchant’s website or point-of-sale system and the payment processor or acquiring bank. In some cases, the payment processor may be using Transport Layer Security (TLS).

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Ultimate Guide to Surcharges: What is a Surcharge and How Does It Work

Stax

Common in transportation and logistics, fuel surcharges adjust for fluctuations in fuel prices. Companies, particularly those in the healthcare, transportation, and food industries, levy surcharges to meet these compliance standards. It’s often used in prepaid services like mobile top-ups and gift card purchases. Fuel surcharge.