Acquirers Encryption Processing Costs 
Stax
MARCH 13, 2025
Interchange fees (or swipe fees) might appear to be just a cost merchants pay to accept card payments. Every time a customer makes a payment with a credit or debit card, the merchants acquiring bank pays a fee to the customers card issuing bank. Swipe fees fund these initiatives and cover the maintenance costs.
Stax
MARCH 11, 2025
The merchant account : this is a special bank account that allows you to accept and process credit and debit card payments. The acquiring bank : the is the financial institution that issued the merchant account and receives the funds from the transaction into that merchant account until the payout date.
Stax
NOVEMBER 14, 2024
Here are the inside details about what defines a payment solutions provider, how processing works, the credit card processing fees , risks, and more. TL;DR There are several parties involved in credit card processing. They include: the merchant, cardholder, card associations, acquiring bank, issuing bank, and payment processor.
Stax
MARCH 5, 2025
They work by transmitting all the credit card info between the acquiring and issuing bank, as well as the business owner. Interchange fees, assessment costs, monthly fees, and other expensesall factor into your overall payment processing costs. In other words, no credit card payment processor, no accepting credit cards.
Fintech Finance
JULY 17, 2024
It is embedded directly into the checkout flow, removing interruptions to the customer journey, as well as reducing fraud through secure encryption. Providing a next-generation checkout experience Fifty five percent of shoppers say checkout friction is frustrating enough for them to quit a purchase mid-process.1
Stax
AUGUST 29, 2024
Learn More Understanding Payment Service Providers (PSPs) A payment service provider helps businesses with the acceptance and processing of payments made via electronic payment methods, including credit cards, debit cards, digital wallets, ACH transfers, and payment apps.
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.
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