EMV Point-of-Sale (POS) Processing Costs 
Stax
MARCH 13, 2025
In 2023, 27% of all point-of-sale (POS) payments were made using credit cards while 23% were made with debit cards. Transactions at points-of-sale where a customer physically swipes or inserts their card have lower interchange fees. One way to do this is to encourage card-present transactions. Contact us
Stax
MARCH 5, 2025
Think of the gateway as the online equivalent of a card reader or point of sale (POS) system in a brick-and-mortar store. Together, these three parties facilitate the online payments process. They also often provide the actual equipment you need to accept credit card payments, like the point of sales (POS) terminal.
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. These are referred to as “card-present” transactions, which basically just means the cardholder and credit card is physically present at the time of sale.
Clearly Payments
NOVEMBER 17, 2023
This article explores practical strategies to help businesses lower their credit card payment processing costs, offering insights to enhance financial efficiency. This proactive approach allows businesses to not only save on processing costs but also stay ahead in a rapidly changing payment landscape.
Stax
APRIL 18, 2024
The steps to process a credit card transaction Step 1: Authorization Request The process initiates when a customer presents their credit card for payment. The merchant’s point-of-sale (POS) system sends an authorization request to the acquiring bank (also known as the merchant bank) via a payment gateway.
Payment Savvy
JULY 3, 2024
Let’s take a closer look at each stage: Authorization The process begins in person or online. The cardholder swipes, dips, or taps their debit card at the merchant’s physical point of sale (POS) terminal.
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