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Digital Payments: 12 Digital Payment Options to Consider Accepting in Your Business

Stax

Solutions providers like Stax integrate with a range of solutions to enable merchants to go mobile. Plus, all Stax solutions accept mobile payments, such as Apple Pay, Google Pay, Samsung Pay, etc. Thankfully, the technology was already there, and today most businesses accepting card payments are accepting contactless.

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

Stax

Think Bluetooth technology but without manual device discovery and pairing. NFC technology can process payments through: Peer-to-peer mode. Read/write technology. This technology turns any NFC-enabled smartphone, smartwatch, or wearable into a contactless credit or debit card. NFC is a subset of RFID technology.

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Everything You Need to Know About Credit Card Processing

Stax

They typically assist with technology needs and customer service as well, acting as an intermediary to the card associations and banks. Step 4: The credit card processing companies send the payment to the business’s bank through a certified merchant services provider such as Stax. With Stax, your payment processing statement is simple.

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What is Click to Pay and How Does It Work?

Stax

Scalable technology: the provider must be able to support high-volume transactions so you wont need to go through the pains and costs of migrating to another provider as your business expands in the future. Proprietary systems issued by companies like Apple Pay, Google Wallet, Samsung Wallet, and PayPal.

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The Ultimate Guide to Online Payment Processing

Stax

Popular digital wallet brands include Apple Pay, Google Pay, Samsung Wallet, PayPal Digital Wallet, and Venmo. Cryptocurrencies Cryptocurrencies like Bitcoin, Ethereum, and Tether use decentralized blockchain technology and cryptography to ensure fast and secure transactions.

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Demystifying Credit Card Interchange Fees: What You Need to Know [2024 Rates and Updates]

Stax

Through OptBlue, your payment technology provider will determine how much you pay for AmEx and bundle it in with the ability to accept more popular card types. Many payment processors like Stripe, Square, PayPal, and bank merchant services offer flat-rate processing. Stax’ subscription pricing starts at just $99 per month.

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How Adopting Mobile Payments Can Help Your Business Grow in 2024

Stax

Thanks to the advancements in payment technology, the answers are not difficult to find. After all, especially with a younger generation of patrons expecting modern technology, businesses not only need to but also benefit from meeting their customers where they are. That’s where you can turn to mobile payment systems.