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How to Choose Between EFT vs ACH: A Comprehensive Guide

Stax

Clients only need to swipe a card at your point-of-sale (POS) terminal or enter their bank account number into your website (Initiation). For example, PayPal charges 2.9% + a flat fee of the transaction amount, while Stripe has a standard fee of 2.9% + $0.30. Make the most out of your payment method with Stax.

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What is Click to Pay and How Does It Work?

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Interoperability with your existing software tools and apps: the payment processing platform must be interoperable with your existing software tools, like CRM (Customer Relationship Management), inventory management, POS (Point of Sale), and accounting software. Your provider should help with this. Request a Quote

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Payment Gateway vs Payment Processor: What You Need to Know

Stax

Shopify Payments, PayPal, Stripe) Often provided by banks or payment service providers (e.g., Shopify Payments, PayPal, Stripe) Often provided by banks or payment service providers (e.g., If the transaction is deemed legitimate and the customer has sufficient funds, the payment gateway will finalize the sale and relay the approval.

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The Most Common Types of Contactless Payment Methods and How They Work

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Use case: Customers can pay by tapping their smart devices into the vendors NFC-enabled POS. PayPal, Venmo, and Alipay). Future-proof your payment processes with Stax Future-ready businesses embrace contactless payments to stay competitive. NFC technology can process payments through: Peer-to-peer mode. Read/write technology.

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Want the Cheapest Credit Card Processing? Surcharging May Be the Answer

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Point-of-sale disclosure: When processing a transaction, ensure the POS system clearly breaks down the transaction amount, including the base price and the surcharge amount. CardX by Stax Stax provides businesses with surcharging capabilities as part of their comprehensive payment platform.

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What are Mobile Payment Services and How Do You Select the Right One for Your Business?

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Shoppers don’t need to carry cash or physical cards on their person while visiting a store that accepts mobile payments, while merchants can reduce their reliance on expensive point-of-sale systems that offer slower payment processing. Popular peer-to-peer apps include PayPal, Venmo, and Zelle. What about mobile payment systems?

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Everything You Need to Know About Credit Card Processing

Stax

Stax Stripe Square PayPal Banks Contract Required No No No No Yes Early Termination Fees No No No No Yes Card Present Processing Pricing $99/month + 8¢ per transaction + interchange 2.9% + 30¢ per transaction (includes interchange) 2.6% + 10¢ per transaction (includes interchange) 2.7% Step 3: The card is authorized.