Payment Savvy

JULY 3, 2024

Debit cards have become an indispensable part of our financial lives, with the majority of American adults, spanning all demographics, now possessing at least one debit card. Every merchant should prioritize taking the time to understand debit card processing to streamline operations and enhance customer satisfaction.

Debit Card 52

Debit Card Process PCI DSS Processors 52

Stax

OCTOBER 21, 2024

Over 80% of American adults owned at least one credit card in 2023. Also, credit cards contributed to 27% of the spending at point-of-sale (POS) systems worldwide. These transactions are usually made with physical credit or debit cards that are swiped or inserted into chip card readers.

Credit Cards 88

Credit Cards Process Processors Processing Costs 88

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

Stax

DECEMBER 13, 2023

Whether accepting payments online or in person, banners, posters, and other appropriate types of signage should inform customers that an extra fee, such as a surcharge, will be added (as a separate line item) to the final dollar amount of their credit card purchases. We do not surcharge cash or debit cards.” “A

Credit Cards 88

Credit Cards Debit Card Laws Rules 88

EBizCharge

JULY 25, 2024

These fees are intended to cover the cost associated with credit card processing fees, which merchants pay to credit card companies such as Visa, MasterCard, or American Express for each transaction. These signs inform customers about the additional charges associated with using credit cards for payments.

Best Practices 52

Best Practices Credit Cards Compliance Debit Card 52

Stax

APRIL 18, 2024

Accepting credit card transactions is no longer a decision of whether to but rather how to. With cashless now BEING king, credit and debit cards are the primary method for your customers to make payments. of consumer payments came through card payments. Pre-pandemic, 62.3%

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

Stax

AUGUST 1, 2024

Card companies like Visa, Mastercard, Discover, etc. charge interchange fees which, on top of other credit card processing fees, can eat away at your profits. As such, credit card surcharging can be beneficial for offsetting these costs. Prepaid cards are also exempt from surcharging.

Rules 88

Rules Credit Cards Caps Processors 88