Stax

MARCH 18, 2025

To address evolving customer demands and accept electronic payments, you need a payment processing system. Payment processing systems help merchants accept various types of payments, such as credit and debit cards, automated clearing house (ACH) , electronic funds transfers (EFTs), digital wallets, mobile payments, and even cryptocurrencies.

Process

EBizCharge

JANUARY 14, 2025

Real-time payments and instant fund transfers: With the need for real-time payments growing and many customers now expecting instant fund transfers when shopping online, payment gateways that support real-time processing may be in high demand in 2025. Installation can be daunting for businesses without a tech-savvy team.

Payment Gateways

Clearly Payments

JANUARY 16, 2024

These fees are non-negotiable and serve as a fundamental component of the cost structure for merchants. Different MCCs may have distinct interchange fee structures. Regulations: Government regulations and industry standards can impact interchange fee structures. You can read more on the interchange fees by country.

PCI DSS

Clearly Payments

MAY 16, 2024

Mid-Qualified Rate : This intermediate category generally cover transactions that involve a slightly higher level of risk or processing effort, such as transactions where the card is manually keyed in but address verification is used, or transactions using reward cards. This, of course, assumes that merchants clearly know how the tiers work.

Process

Clearly Payments

DECEMBER 7, 2023

Transaction Fees and Costs: Evaluate the fee structure of potential payment gateways. Consider not only transaction fees but also any setup costs, monthly fees, and additional charges. Understanding the overall cost structure is crucial for budgeting and financial planning. These are often region-specific.

Payment Gateways