Stax

JULY 7, 2025

In this post, we’ll explore what surcharging entails and how it helps you tap into zero percent credit card processing. TL;DR Surcharging is a method for businesses to offset credit card processing costs by passing them on to customers. To understand surcharging, you have first to understand credit card processing costs.

Credit Cards 88

Credit Cards Process Processors Debit Card 88

Stax

MAY 6, 2025

Acquiring bank This is the merchant bank that allows the business to receive money from card transactions and store these funds. You Need an Acquiring Bank or Merchant Service Provider Apart from credit card associations, the other key parties involved in processing these payments are a merchant services provider and an acquiring bank.

Credit Cards 88

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

Fintech Finance

JUNE 18, 2025

Combined with Checkout.com’s Real-Time Account Updater, which automatically updates a customer’s card details when they change, and Network Tokenization, this has increased transaction-level acceptance rates while reducing processing costs.

AI 52

AI Technology Payments CRM 52

Finovate

FEBRUARY 13, 2024

Nordic Capital has agreed to acquire Canadian banking technology company Zafin. Nordic Capital agreed this week to acquire a majority share in Canadian SaaS core modernization solution provider for FIs, Zafin. The company processes more than 500 million accounts every day. Five of the top seven banks in the U.S.

Acquirers 59

Acquirers FinTech Advisors Cash Management 59

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

Fintech Finance

JUNE 25, 2024

The Retail Services Category II License enables Nuvei to offer its comprehensive suite of payments technology to businesses operating in the thriving UAE market, including direct local acquiring, payment aggregation services, and domestic and cross-border fund transfers.

Central Bank 90

Central Bank Security Cross-Border Acquirers 90

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.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

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.

Credit Cards 88

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

Stax

JANUARY 10, 2024

Viewing these costs individually makes it easier to understand what is contributing to your credit card processing costs and where you may be able to save money. Interchange fees An interchange fee is paid by the merchant’s acquiring bank to the issuing bank every time a credit card transaction is made.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

Stax

DECEMBER 20, 2023

Interchange fees are simply a cost of doing business. Understanding the concept of interchange fees is crucial for businesses looking to optimize their payment processing costs. To access full Discover interchange rates , you need to use a verification code provided by your acquirer. Regulated: 0.05% + $0.22

Credit Cards 167

Credit Cards Debit Card Processors Non-Bank 167

Fintech Finance

JULY 17, 2024

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 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

Visa 98

Visa Interoperability Encryption Processing Costs 98

EBizCharge

JUNE 25, 2025

Notify Networks and Understand Their Requirements Your next move is notifying the card brands and your acquiring bank. Safeguarding Your Business with Proper Surcharge Practices Surcharging can help your business manage processing costs, but only if it’s done by the book. Small oversights can create big risks.

Compliance 52

Compliance Credit Cards Card Network Rules Rules 52

Cardfellow

JUNE 14, 2025

With a staged digital wallet, the first “stage” is the funding stage, where the wallet acquires money from the purchaser. Lowering Your Processing Costs If your processing costs are already too high and you’re looking to lower them, CardFellow can help. The wallet essentially acts as a middleman.

Credit Cards 52

Credit Cards PayPal Visa Issuers 52

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.

Payment Service Provider (PSP) 88

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

The Fintech Times

JULY 18, 2024

Streamlined process “Not only does Click to Pay allow customers to pay with just a few clicks, it addresses the inconvenience of manual card entry, offering a more efficient and secure payment experience,” said Liudmila Zhelenkova, head of acquiring at Ecommpay.

Visa 72

Visa Processing Costs Process Facilitators 72

Clearly Payments

AUGUST 14, 2024

North America Payment Processing Fees Merchants in the United States and Canada face some of the highest payment processing fees in the world, with average rates ranging between 2.3% Visa, Mastercard), are paid by the merchant’s bank ( acquirer ) to the cardholder’s bank ( issuer ). for credit cards and 0.2%

Process 104

Process Credit Cards Alternative Payment Methods Debit Card 104

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

The Payments Association

JUNE 16, 2025

Momentum for open banking solutions will continue growing beyond this year, so merchants need flexible and scalable payment processes that meet consumers' evolving needs for fast and secure payments."

Innovation 88

Innovation Cross-Border Fraud Prevention Payments 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

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.

Credit Card Payment Processing 88

Credit Card Payment Processing Credit Cards Process Payment Gateways 88

Stax

JANUARY 24, 2024

However, the idea of applying a credit card surcharge to offset the processing cost of credit cards has always been a hotly debated topic. Simply put, a surcharge amount is an extra fee that some merchants choose to levy on customers to cover the costs of processing credit card payments.

Credit Cards 88

Credit Cards Laws Caps Legal 88

Stax

JANUARY 24, 2024

However, the idea of applying a credit card surcharge to offset the processing cost of credit cards has always been a hotly debated topic. Simply put, a surcharge amount is an extra fee that some merchants choose to levy on customers to cover the costs of processing credit card payments.

Credit Cards 88

Credit Cards Laws Caps Legal 88

Stax

FEBRUARY 15, 2024

In the ISO model, an ISV partners with a third party that handles merchant account setup, payment processing, risk, and compliance. The ISV has little control over the end user’s payment experience or the processing costs. The ISV has little control over the end user’s payment experience or the processing costs.

ISVS 88

ISVS Facilitators ISOs Payment APIs and Integration 88

Finovate

OCTOBER 11, 2024

Already available in other markets, Worldline’s Paysuite Essential Edition offers issuing, acquiring, authorization, switching, and routing functionality. The company’s international digital payments network supports more than 145 currencies, and processes billions of transactions a year. The company has raised $1.8

Multi-Currency 105

Multi-Currency Stablecoins Visa Cross-Border Payments 105

Stax

JANUARY 15, 2024

Are you struggling with resource constraints caused by soaring credit card processing costs? TL;DR Credit card surcharging involves adding a fee to transactions with credit card payments, offsetting processing costs. It offsets the card processing costs, transferring the financial obligation to the latter.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Stax

NOVEMBER 8, 2023

Your business still has to incur all processing costs when a customer pays by debit card. The latter is simply another solution that some merchants use to lower their card processing costs. In this method, a certain discount (equivalent to the cost of card processing) is applied at checkout if a customer pays by cash.

Process 88

Process Credit Cards Debit Card Processors 88

Stax

JANUARY 31, 2024

Mitigate credit card processing costs In addition to the above resources, you should also employ some or all of the following strategies to help keep credit card processing fees as low as possible. Interchange fees are paid by the merchant’s bank (acquiring bank) to the cardholder’s bank (issuing bank).

Credit Cards 88

Credit Cards Push-to-Card Processors Debit Card 88

Stax

JANUARY 17, 2024

ACH transactions are one of the fastest-growing modes of electronic payments in the world due to the convenience they offer, low processing costs, and enhanced security. All this without having to invest time and resources in partnering with an acquiring bank or building an elaborate payment infrastructure.

ACH 88

ACH Facilitators ISVS Payment APIs and Integration 88

Stax

DECEMBER 6, 2024

In June 2019, Fidelity National Information Services ( FIS ) acquired Worldpay in a massive $35 billion deal, making it the largest financial technology merger at the time. This acquisition allowed FIS to leverage Worldpays payment processing capabilities , further strengthening its merchant solutions division.

Payment APIs and Integration 88

Payment APIs and Integration Payment Gateways Credit Cards Gateways 88

Payment Savvy

JULY 3, 2024

This information is then sent securely to the acquiring bank. The acquiring bank, which processes payments on behalf of the merchant, receives the transaction data and forwards it to the relevant card network (such as Visa or Mastercard). Tokenization Tokenization is another powerful security tool used in debit card processing.

Debit Card 52

Debit Card Process PCI DSS Processors 52

Clearly Payments

JULY 11, 2024

This article covers the reasons for overpayment, including hidden fees, pricing models, merchant account setup, lack of transparency, and practical steps merchants can take to reduce these costs. These hidden fees can quickly accumulate, significantly increasing the overall cost of payment processing for merchants.

Process 52

Process PCI DSS Processors Non-Bank 52

Payment Savvy

SEPTEMBER 22, 2021

Many acquiring banks have a list of industries they will not support for processing capabilities. What are the processing costs ? Businesses offering services or selling products internationally have an increased risk of fraud exposure. For this reason, many financial institutions refuse to approve international entities.

Risk 52

Risk Accounts Underwriting Processors 52

EBizCharge

MAY 20, 2024

Acquirer: An acquirer is a financial institution with the authority to process credit and debit card transactions on behalf of a merchant. Acquirers maintain merchant accounts, which are necessary for a business to receive proceeds from credit card sales. What are the benefits of NetSuite payment processing?

Process 52

Process PCI DSS Processors Payment APIs and Integration 52

EBizCharge

MARCH 12, 2024

ACH/eChecks tend to accrue lower fees because they bypass credit card networks by using the ACH network, which applies batch processing to reduce individual transactions, resulting in lower administrative and processing costs for financial institutions.

Credit Cards 52

Credit Cards ACH Payment Gateways PCI DSS 52

Exact Payments

JULY 12, 2024

a cross-border transaction fee) and are often paid on a per-transaction basis for processing transactions on a network’s rails. The merchant’s acquiring bank charges a fee for every chargeback, which can add up fast if the merchant hasn’t taken steps to prevent chargebacks.

Assessments 52

Assessments Credit Cards PCI DSS Transactions 52

Tearsheet

MAY 29, 2024

During the same time period, Ansa’s technology drove down the company’s payment processing costs by 28%. By integrating rewards, incentives, and other loyalty initiatives with customer balances, merchants are able to boost loyalty and reduce their spend on processing fees. What is that role?

Microtransactions 75

Microtransactions Payments Push-to-Card Transactions 75

Nanonets

AUGUST 17, 2023

  According to a  2018 Goldman Sachs report , North American B2B businesses spend around $187 billion annually on AP processing, with labor alone accounting for over 90% of direct costs. With businesses spending billions on AP processing, the potential for saving substantial sums through automation is clear.

Automation 52

Automation Accounts Payment APIs and Integration Procedures 52