Remove Alternative Payment Methods Remove PCI DSS Remove Processing Costs
article thumbnail

Understanding Payment Processing Compliance When Implementing Credit Card Surcharging

Stax

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.

article thumbnail

TESS Payments Obtains QCB PSP License With Strategic Assistance From Akurateco

Fintech Finance

Additionally, Akurateco facilitated TESS Payments’ obtaining the Payment Card Industry Data Security Standard (PCI DSS) certification, further cementing their commitment to maintaining high-security standards. This enables clients to reach a wider audience and cater to their customers’ payment preferences.

PCI DSS 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Top Payment Methods For Small Businesses

Stax

The emergence of digital payments hasnt completely stifled cash-based payments, and they still account for 16% of all transactions. We recommend cash payments for very small businesses because of the significant processing fees imposed on other alternative payment methods, especially card payments.

article thumbnail

How Much Do Credit Card Companies Charge Merchants?

Stax

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. Additional fees As well as the credit card fees mentioned above, there are a range of other fees that contribute to credit card processing costs for business owners.