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. Interchange fees (or swipe fees) might appear to be just a cost merchants pay to accept card payments. Working on managing costs related to interchange fees can be beneficial for every business.

Debit Card 88

Debit Card Credit Cards Processors Processing Costs 88

Stax

MAY 6, 2025

The process begins from the moment the customer makes a card payment to the point when the transaction is authorized and settled. Acquiring bank This is the merchant bank that allows the business to receive money from card transactions and store these funds.

Credit Cards 88

Credit Cards Online and Mobile Banking Payment APIs and Integration Credit Card Payment Processing 88

PYMNTS

MARCH 3, 2020

Global FinTech payments firm Fiserv announced on Tuesday (March 3) that it has acquired MerchantPro Express to help it advance the merchant services division of its business. Platform analytics help businesses expand by lowering expenses associated with processing costs and offering a cross-section of transparent, personalized services. “We

Acquirers 63

Acquirers Point-of-Sale (POS) ISOs Processing Costs 63

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. Let’s break it down a little bit more: payment processors are used for both brick-and-mortar and online store sales.

Credit Card Payment Processing 88

Credit Card Payment Processing Credit Cards Process Payment Gateways 88

Stax

AUGUST 1, 2024

charge interchange fees which, on top of other credit card processing fees, can eat away at your profits. As such, credit card surcharging can be beneficial for offsetting these costs. With it, merchants can transfer the processing costs to customers who choose to make credit card payments.

Rules 88

Rules Credit Cards Caps Processors 88

Stax

FEBRUARY 15, 2024

FIS Global reports that in Norway, Sweden, and other Scandinavian countries, more than 90% of transactions processed at point-of-sale (POS) in 2023 were cashless. In the ISO model, an ISV partners with a third party that handles merchant account setup, payment processing, risk, and compliance.

ISVS 88

ISVS Facilitators ISOs Payment APIs and Integration 88

Stax

APRIL 18, 2024

The parties involved in processing a credit card transaction: Cardholder: The individual or entity holding the credit card and initiating the transaction. Acquiring Bank (Merchant Bank): The financial institution that establishes and maintains the merchant’s account, enabling them to accept credit card payments.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88