article thumbnail

Global Growth: Understanding Merchant of Record for E-commerce

Subscription Flow

A Merchant of Record ecommerce solution acts as a vital middleman, taking on the vital duty of financial and legal facilitation in transactions, acting as the visible party for both consumers and regulatory bodies. Tasks in this diverse role include managing payments, complying with tax laws, and reducing risks such as chargebacks and fraud.

article thumbnail

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

Stax

With cashless now BEING king, credit and debit cards are the primary method for your customers to make payments. of consumer payments came through card payments. And electronic payments were at 14.2%, closing in on cash at 15.5%. Credit card and debit card payment processing fees apply to them all.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The 7 Best Mobile POS Systems for Small Businesses in 2024

Stax

Around since the 2000s, mPOS systems have come a long way from their origin as a glitchy solution used primarily by micro-businesses to process payments. Payment processing options An mPOS system should support various payment options to accommodate customer preferences. They’re no longer just for SMBs.

article thumbnail

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

Stax

During the 2020s, almost all businesses will have been looking at b2b payments processing solutions to meet changing consumer needs. Online and contactless adoption multiplied, and digital payments rose. consumers using two or more types of digital payment methods increased by 8%. Learn More What are B2B Payments?

article thumbnail

Finding the Best Automated Billing Software for Small Businesses

Subscription Flow

It comprises outlining costs, accounting for taxes, monitoring payments, and contacting unpaid clients. You can create client profiles, include payment methods, add costs, and even add your logo to invoices with a few clicks. It takes a lot of time, and this is probably not why you started your business in the first place.

article thumbnail

Selecting the Finest Payment Gateway Ireland Offers

Subscription Flow

In light of this boom in Ireland’s technological industry, having a roster full of payment gateways becomes extremely important for the people of Ireland as it gives them options to have engage in smooth payments. Why Does a Payment Gateway Even Matter? Enter Stripe.

article thumbnail

SubscriptionFlow Product Updates for 2023 & Vision for 2024

Subscription Flow

With this calculated move, SubscriptionFlow now acts as the Merchant of Record, handling transaction management and payment processing on behalf of its users. SubscriptionFlow was already offering integrations with the top payment gateways in the marketing i.e. PayPal, Stripe, Square etc.