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The Complete Guide to Merchant Services for Small Business Owners

Stax

They enable secure, efficient in-store and online payment processing and offer flexible payment options that customers demand today. In this article, well discuss different merchant services for small businesses. Your payment processor verifies the transactions legitimacy throughout this period.

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What are Merchant Accounts and How Do They Work?

Stax

Moreover, many merchant accounts today come bundled with a payment gateway, another crucial component of the online payment process that streamlines transactions and protects against fraudulent activity. The wealth of payment options and currencies makes it well-suited to merchants with a global customer base.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

A 2018 IDC survey found that companies using Stripe’s payments platform reported a 24% lower operational cost relative to traditional online payment processing. That figure more than doubled for companies processing more than $5M per year. And Stripe seems to have found some success on these fronts.