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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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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. Beyond retailers and accepting payments, NFC is used for public transport, access control systems, smart advertising, data exchange between devices, and interactive gaming.

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Mobile Credit Card Processing Explained: What Business Owners Need to Know

Stax

Merchants can accept payments anywhere with mobile credit card processing, eliminating the need for a fixed point-of-sale terminal. That can mean paying the plumber by credit card in their own house or paying for a sweater with the sales associate who helped them pick it out, rather than going to find the POS desk.

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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. Fuel surcharge. Regulatory surcharge. Minimum usage surcharge.

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What is Dynamic Pricing? Everything You Need to Know About Implementing Dynamic Pricing in 2024

Stax

Data can include anything from historical sales data to competitor pricing, product availability, and more. This is where Stax comes in. With Stax, you can use any payment type and integrate essential tools to grow your business. Transportation: Ride-sharing services like Uber and Lyft. How does dynamic pricing work?

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What is a Merchant Cash Advance and is MCA Right for You?

Stax

A merchant cash advance (MCA), also referred to as a merchant loan or business cash advance, is a short-term business financing option that allows small business owners to receive cash advances based on future credit or debit card sales. you’ll pay a total of $112,500 You then repay the MCA from your future credit card sales.