Non-Bank Payment Gateways Processing Costs 
Stax
AUGUST 29, 2024
A PSP (Payment Service Provider) can equip your eCommerce and brick-and-mortar business with an all-in-one platform that supports multiple payment systems, including debit & credit cards, eWallets, and bank transfers (ACH). Read on to find out.
Stax
DECEMBER 20, 2023
Set rate processing Subscription rate processing TL;DR Interchange fees are not collected by your payment processor or bank; they go directly to the card-issuing banks. Interchange fees vary significantly depending on the card issuer, the issuing bank, type of transaction and/or merchant type.
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.
Stax
MAY 7, 2024
Also referred to as swipe fees, these are simply fees that the merchant pays to the credit card company or credit card service providers to accept the payment. Credit card merchant fees are split between multiple key players- merchants, credit card networks, banks, and processors. to 2.9%) while the non-qualified is the highest.
Stax
SEPTEMBER 24, 2024
It’s meant to incentivize customers to pay using cash and reduce the costs associated with accepting electronic payment methods. On the other hand, surcharging passes the processing cost to the customer. On the other hand, surcharging passes the processing cost to the customer.
Basis Theory
OCTOBER 1, 2024
Whether that is collecting credit card numbers to transmit with a payment gateway, placing details into a shared customer relationship management system, or storing card numbers in an encrypted database—all of this sensitive information must be protected according to the specifics of the PCI-DSS standard.
National Merchants Association
AUGUST 10, 2022
Businesses require merchant accounts to process credit and debit card transactions. For example, a bank or credit card processing service provider might consider a business high-risk due to increased regulations or potential monetary loss. Usually, there are multiple factors influencing whether a bank considers you high-risk.
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