Stax

FEBRUARY 19, 2025

Expertise in payment security & compliance Processing payments, like all financial transactions, comes with numerous security and compliance concerns. SaaS companies must adhere to industry standards such as PCI DSS to ensure customer transactions are safe.

Payments 88

Payments PCI DSS Compliance Risk 88

Stax

MARCH 11, 2025

Encryption and transfer of payment information The payment gateway that underpins your checkout page will now encrypt the customers payment details as stipulated by industry data security regulations like PCI DSS (Payment Card Industry Data Security Standard) before transferring the data to your payment processor.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

Stax

JANUARY 10, 2024

TL;DR Understanding how credit card companies charge merchants is crucial for optimizing costs and enhancing customer experience. Credit card fees, including interchange, assessment, and payment processor fees, impact businesses on a per-transaction or recurring basis. Usually, interchange fees will range between 0.3-2%

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

Clearly Payments

JULY 11, 2024

The primary fees include: Interchange Fees: Interchange fees are paid by the merchant’s bank to the customer’s bank for processing the transaction. Assessment Fees: Charged by card networks (e.g., PCI Compliance Fees: Fees for maintaining compliance with Payment Card Industry Data Security Standards (PCI DSS).

Process 52

Process PCI DSS Processors Non-Bank 52

EBizCharge

MAY 20, 2024

The saved card feature follows Payment Card Industry Data Security Standards (PCI DSS) to ensure data security while offering a convenient option for customers who prefer to use the same payment method for recurring transactions. Make sure your payment processing capabilities align with your customers’ preferred methods.

Process 52

Process PCI DSS Processors Payment APIs and Integration 52

Exact Payments

JULY 12, 2024

What Are Payment Processing Fees? With a PFaaS solution, payment processing fees, or merchant fees, are charged to merchants by the PFaaS provider in partnership with the SaaS provider. These fees are assessed every month via a merchant statement that lists out account activity and costs incurred.

Assessments 52

Assessments Credit Cards PCI DSS Transactions 52

Stax

MAY 7, 2024

Assessment fees Assessment or network fees are directed to the credit card network- Mastercard, Visa, American Express, and Discover, to help settle costs associated with maintenance and operation. Assessment fees usually make up a small percentage of the transaction amount. For example, 2.1% + $0.10

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88

Payment Savvy

JULY 3, 2024

PCI DSS Compliance This is the cornerstone of debit card security. The Payment Card Industry Data Security Standard (PCI DSS) outlines a set of comprehensive security requirements for merchants and payment processors. Faster transaction processing can improve your cash flow and financial management.

Debit Card 52

Debit Card Process PCI DSS Processors 52

Stax

FEBRUARY 15, 2024

In the ISO model, an ISV partners with a third party that handles merchant account setup, payment processing, risk, and compliance. The ISV has little control over the end user’s payment experience or the processing costs. The ISV has little control over the end user’s payment experience or the processing costs.

ISVS 88

ISVS Facilitators ISOs Payment APIs and Integration 88

EBizCharge

AUGUST 30, 2024

Breakdown of credit card processing fees Credit card processing fees are charged to merchants for each credit card transaction processed. These combined costs are calculated as a percentage of each transaction plus, in some cases, additional fixed fees. However, there are ways they can avoid some of those costs.

Credit Cards 52

Credit Cards Processors Process Card Issuer 52

Segpay

MARCH 10, 2025

A gaming payment gateway encrypts financial data, prevents fraud, and ensures compliance with security standards like PCI DSS, giving users peace of mind while making deposits and withdrawals. Solution with Segpay: Built-In Compliance Tools Segpay is a fully PCI DSS Level 1-compliant payment processor, ensuring secure transactions.

Payment Gateways 40

Payment Gateways Gateways Payment Solutions Payment APIs and Integration 40

Stax

NOVEMBER 11, 2024

When you’re selling products or services that cost thousands of dollars, you end up paying hundreds of dollars in credit card fees. Using ACH payments reduces your processing costs to a fraction of what you’d typically pay when a client uses a credit card. This also makes ACH payments ideal for high-value transactions.

ACH 88

ACH Checks Identity Theft Payments 88

EBizCharge

MAY 2, 2024

When customers pay with their credit cards, surcharging applies an additional fee that covers the specific cost associated with that transaction type. The surcharge cannot exceed the payment processing cost or legal limits set by state laws. This might mean slightly higher prices, with the processing costs factored in.

Credit Cards 52

Credit Cards Process Processors Legal 52

Evolve Payment

NOVEMBER 21, 2022

Payment Card Industry (PCI) Compliance PCI compliance, also known as the Payment Card Industry Data Security Standard, or PCI-DSS for short, is a standard that the major credit card brands established to protect the industry from hacks, breaches, and exposed customer data. Is your business PCI compliant?

Process 52

Process Processors Credit Cards PCI DSS 52

EBizCharge

JUNE 28, 2024

Credit card networks impose a cap on surcharges, typically restricting them to no more than the merchant’s cost to process credit card transactions or up to 3%, whichever is lower. Consequently, merchants cannot profit from these fees; their purpose is solely to cover processing costs.

Credit Cards 52

Credit Cards Legal Debit Card Disputes 52

EBizCharge

MAY 14, 2024

This flexibility enables businesses to scale their billing operations seamlessly and cost-effectively, ensuring they can continue to meet the needs of their growing customer base without experiencing bottlenecks or disruptions in their billing processes. Consider the following: The complexity of your billing cycles.

Automation 52

Automation Payment APIs and Integration Best Practices Online and Mobile Banking 52

EBizCharge

MAY 13, 2024

Business owners and finance teams can use this data to make informed decisions, such as identifying trends in payment behavior and developing targeted strategies to address outstanding payments or to enhance the payment collection process. Cost savings: Shifting to an automated system can lead to substantial cost savings.

Automation 52

Automation Disputes Payments Process 52

Nanonets

AUGUST 21, 2023

Cost savings A recent report revealed that almost 92% of businesses use checks for payments. With the median processing cost between $2.01 and $4 , processing each check manually can be very expensive for companies.  Here are some compelling reasons to consider implementing B2B payment automation: 1.

B2B 52

B2B Automation Payment APIs and Integration Payments 52

Segpay

FEBRUARY 28, 2024

Key Takeaways √ Hidden charges in payment processing can dig into and erode your bottom line. Merchants can implement several best practices to avoid surprise processing costs. 5 minute read Hidden charges in payment processing can seriously impact any merchant’s bottom-line revenues. But what are hidden fees ?

Processors 52

Processors IRS Push-to-Card Non-Bank 52

Stax

OCTOBER 14, 2024

This hands-on experience allows you to explore the platform’s interface, understand its features, and assess its compatibility with your business systems and daily operations. Verify that the provider is PCI-DSS compliant to ensure that your customers’ data is protected according to industry standards.

Processors 88

Processors Small Business Payment APIs and Integration Payments 88