Stax

MARCH 14, 2024

EMV (Europay, Mastercard, and Visa) chip card use has continued to expand in use since its tumultuous rollout in 2015. The EMV standard has now become a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions.

Chip Cards 88

Chip Cards CHIPS EMV Debit Card 88

Stax

APRIL 18, 2024

Acquiring Bank (Merchant Bank): The financial institution that establishes and maintains the merchant’s account, enabling them to accept credit card payments. Issuing Bank: The bank or financial institution that issued the credit card to the cardholder. Card Network (e.g.,

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

EBizCharge

AUGUST 30, 2024

Assessment fees Assessment fees are relatively small but consistent fees charged by credit card networks like Visa, MasterCard, American Express, and Discover. 7 strategies to reduce credit card processing fees Companies are often battling the never-ending cycle of paying off expenses and fees.

Credit Cards 52

Credit Cards Processors Process Card Issuer 52

Stax

JANUARY 5, 2024

Selecting the right payment processing terminal will not only help reduce your processing costs, but it’ll also increase your profits. TL;DR A credit card terminal is a device commonly used by businesses to handle credit and debit card transactions.

Credit Cards 88

Credit Cards Debit Card EMV CHIPS 88

Payment Savvy

JULY 3, 2024

The acquiring bank, which processes payments on behalf of the merchant, receives the transaction data and forwards it to the relevant card network (such as Visa or Mastercard). The card network acts as an intermediary that routes the transaction request to the issuing bank (the cardholder’s bank).

Debit Card 52

Debit Card Process PCI DSS Processors 52