Stax

DECEMBER 20, 2023

Memorizing all of the nuances is impossible, but understanding the interchange rate range most common for your business is a good best practice. While interchange fees are unavoidable, there are strategies to help minimize their impact, including choosing a cost-effective payment processor, implementing surcharging, and more.

Credit Cards 167

Credit Cards Debit Card Processors Non-Bank 167

Stax

JANUARY 10, 2024

Viewing these costs individually makes it easier to understand what is contributing to your credit card processing costs and where you may be able to save money. Interchange fees An interchange fee is paid by the merchant’s acquiring bank to the issuing bank every time a credit card transaction is made.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

Stax

JANUARY 15, 2024

Are you struggling with resource constraints caused by soaring credit card processing costs? TL;DR Credit card surcharging involves adding a fee to transactions with credit card payments, offsetting processing costs. It offsets the card processing costs, transferring the financial obligation to the latter.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Stax

AUGUST 29, 2024

Learn More Understanding Payment Service Providers (PSPs) A payment service provider helps businesses with the acceptance and processing of payments made via electronic payment methods, including credit cards, debit cards, digital wallets, ACH transfers, and payment apps.

Payment Service Provider (PSP) 88

Payment Service Provider (PSP) Service Provider Payment Gateways Online and Mobile Banking 88

Stax

JANUARY 24, 2024

However, the idea of applying a credit card surcharge to offset the processing cost of credit cards has always been a hotly debated topic. Simply put, a surcharge amount is an extra fee that some merchants choose to levy on customers to cover the costs of processing credit card payments.

Credit Cards 88

Credit Cards Laws Legal Caps 88

Stax

JANUARY 24, 2024

However, the idea of applying a credit card surcharge to offset the processing cost of credit cards has always been a hotly debated topic. Simply put, a surcharge amount is an extra fee that some merchants choose to levy on customers to cover the costs of processing credit card payments.

Credit Cards 88

Credit Cards Laws Legal Caps 88

EBizCharge

MAY 20, 2024

Acquirer: An acquirer is a financial institution with the authority to process credit and debit card transactions on behalf of a merchant. Acquirers maintain merchant accounts, which are necessary for a business to receive proceeds from credit card sales. What are the benefits of NetSuite payment processing?

Process 52

Process PCI DSS Processors Payment APIs and Integration 52