Remove Contactless Payments Remove EMV Remove Processing Costs
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EMV Chip Cards: What You Need to Know About PIN or Signature Cards and How They Work

Stax

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. The chip does not affect the price of processing payments.

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How to Find the Right Credit Card Terminal for Your Business

Stax

There are many different types of payment terminals to choose from, and you need one that’s going to help your business operate the most efficiently. Selecting the right payment processing terminal will not only help reduce your processing costs, but it’ll also increase your profits.

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How Much Do Credit Card Companies Charge Merchants?

EBizCharge

Similarly, the size of your business and the volume of credit card transactions you process can influence merchant service providers to offer volume discounts or more favorable terms, lowering overall processing costs. However, there are ways they can avoid some of those costs.

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What Is Debit Card Processing & How Does It Work?

Payment Savvy

Types of Debit Card Processing & Technologies Card-Present Transactions PIN-based Debit Cards : a debit card transaction where the customer enters a PIN for verification. Contactless Payments : Using NFC (Near Field Communication) and RFID (Radio Frequency Identification) for debit card transactions.

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Understanding Credit Card Processing Fees for Merchants: How Much Does Processing Credit Cards Cost?

Stax

Interchange plus pricing Interchange plus pricing is a pricing model that charges based on whatever the interchange rates are at that particular moment, “plus” a markup fee that pays your processors processing costs — e.g., 2.1% + $0.10 Seamless internet connectivity for real-time authorization and transaction processing.

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How to Select the Best Payment Terminal for Your Business

Stax

Learn More What’s a Payment Terminal? Also called a credit card terminal, it’s a device that businesses use to accept non-cash payment methods like credit and debit card transactions, as well as contactless payments through a mobile wallet. Check out our full range of payment terminals here compatible with Stax Pay here.

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What It Takes To Get Consumers (And Merchants) To Go Cashless, Contactless – And PIN-less

PYMNTS

The appeal of contactless payments has skyrocketed since the pandemic hit across the globe. Payment network giants such as Visa and Mastercard said in their most recent earnings reports that contactless payments , especially in face-to-face transactions, surged by double digits year over year. The Great Unknown.