Stax

MARCH 13, 2025

Interchange fees (or swipe fees) might appear to be just a cost merchants pay to accept card payments. Every time a customer makes a payment with a credit or debit card, the merchants acquiring bank pays a fee to the customers card issuing bank. Swipe fees fund these initiatives and cover the maintenance costs.

Debit Card 88

Debit Card Credit Cards Processors Processing Costs 88

Stax

MARCH 11, 2025

The merchant account : this is a special bank account that allows you to accept and process credit and debit card payments. The acquiring bank : the is the financial institution that issued the merchant account and receives the funds from the transaction into that merchant account until the payout date.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

Stax

NOVEMBER 14, 2024

Here are the inside details about what defines a payment solutions provider, how processing works, the credit card processing fees , risks, and more. TL;DR There are several parties involved in credit card processing. They include: the merchant, cardholder, card associations, acquiring bank, issuing bank, and payment processor.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Payment APIs and Integration 88

Fintech Finance

JULY 17, 2024

It is embedded directly into the checkout flow, removing interruptions to the customer journey, as well as reducing fraud through secure encryption. Providing a next-generation checkout experience Fifty five percent of shoppers say checkout friction is frustrating enough for them to quit a purchase mid-process.1

Visa 98

Visa Interoperability Encryption Processing Costs 98

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

Basis Theory

OCTOBER 1, 2024

Whether that is collecting credit card numbers to transmit with a payment gateway, placing details into a shared customer relationship management system, or storing card numbers in an encrypted database—all of this sensitive information must be protected according to the specifics of the PCI-DSS standard.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

Stax

MARCH 5, 2025

They work by transmitting all the credit card info between the acquiring and issuing bank, as well as the business owner. Interchange fees, assessment costs, monthly fees, and other expensesall factor into your overall payment processing costs. In other words, no credit card payment processor, no accepting credit cards.

Credit Card Payment Processing 88

Credit Card Payment Processing Credit Cards Process Payment Gateways 88