Stax

NOVEMBER 14, 2024

Credit card processing can be overwhelming, expensive, and confusing. And yet, accepting non-cash forms of payments is more or less required to operate a modern business, at least in the U.S. TL;DR There are several parties involved in credit card processing. You also have to be mindful of the costs of credit card processing.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Payment APIs and Integration 88

Stax

SEPTEMBER 12, 2024

From debit and credit cards to Google or Apple Pay, digital, contactless, and mobile payments are on the rise. 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.

Payment APIs and Integration 88

Payment APIs and Integration Online and Mobile Banking Credit Cards Processors 88

Stax

AUGUST 29, 2024

The dominance of cashless commerce means only businesses that ensure the seamless processing of in-store and online credit and debit card payments will remain competitive. PSPs offer joint merchant accounts and flat-rate processing fees that make them ideal solutions for small businesses that only process payments occasionally.

Payment Service Provider (PSP) 88

Payment Service Provider (PSP) Service Provider Payment Gateways Online and Mobile Banking 88

Payment Savvy

JULY 12, 2024

A convenience fee is an additional charge added to a customer’s bill when they use a non-standard payment method. Essentially, it’s a way for businesses to offset the cost of processing these alternative payment methods while still providing a convenient option for customers.

Card Network Rules 52

Card Network Rules Non-Bank Alternative Payment Methods Credit Cards 52

EBizCharge

NOVEMBER 12, 2024

These applications typically involve merchants submitting financial and bank statements, business licenses, and other relevant documentation. Merchant application information is critical in the underwriting process , which assesses the risk of providing merchant services to a business.

Online and Mobile Banking 52

Online and Mobile Banking Processors Debit Card Volume 52

Stax

APRIL 18, 2024

TL;DR Credit card processing is a complex process that involves several parties in addition to the merchant and consumer – and quite a few steps more than a simple swipe, tap, or dip. Typically, the merchant’s payment processing software will build the credit card processing rates into their fee. Card Network (e.g.,

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

Stax

MAY 7, 2024

Credit card merchant fees are split between multiple key players- merchants, credit card networks, banks, and processors. Generally, here’s a breakdown of the types of payment processing fees you can expect: Interchange fees These are fees a merchant pays directly to the credit card provider. For example, 2.1% + $0.10

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88