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How to Choose the Best Credit Card Processing Company for Your Business

Stax

In this article, we’ll help you figure out which of them may be the best credit card processing companies for your business needs. TL;DR Processors act as the middleman between your customer’s card and your bank, but not all are created equal—some offer better service, pricing, and tools than others. Let’s get started. Support matters.

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Looking for the Best Payment Gateway? Here’s How to Choose the Right One

Stax

Instead of juggling through different types of payment processors and platforms, a payment gateway allows you to accept multiple payment methods at once. The payment gateway collects and encrypts sensitive customer payment details and then securely sends them to the payment processor. Qualified transactions have the lowest rate.

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What Is an ACH Payment Facilitator?

Stax

As such, an ACH payment facilitator is simply a PayFac that allows users to accept payments through an electronic bank-to-bank network. PayFacs typically partner with a payment processor or a bank to provide merchant services. This has been one of the biggest factors behind the success of ACH payments.

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How to Find the Best SaaS Billing Platform: A Complete Guide

Stax

Full control over the payment process Although subscribing to an existing payment processor is convenient, you have very limited control over how the payment process works. Pro-tip: With Stax Bill, you can set up automated dunning processes for late payments to minimize delinquencies.