Stax

JULY 9, 2024

In 2019, 77% of US consumers were using at least one type of digital payment system. What has grown more significantly is the number of electronic payments and alternative payment methods consumers now use. Digital payment methods essentially make up any payment type that is done digitally.

Digital Payments

Clearly Payments

AUGUST 14, 2024

for credit cards and 0.2% for debit cards, European merchants generally benefit from lower fees compared to other regions, especially North America. However, additional costs such as acquiring bank fees, payment gateway fees, and cross-border transaction fees can influence the final amount a merchant pays.

Process

Clearly Payments

FEBRUARY 19, 2024

Payment Processing Market in the USA The payment processing market in the United States is a dynamic and rapidly evolving sector that facilitates electronic transactions between merchants and consumers. The US payment processing market boasts an annual value exceeding $2 trillion in 2023.

Process

Stax

MARCH 15, 2024

Secure payment systems are easy to implement, as you use your payment processor to create a secure payment gateway. By combining a secure payment system with secure payment habits like not collecting excess data from customers, you’ll go a long way in safeguarding your business against fraud.

Process

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. So, what types of fees should businesses expect to encounter when accepting credit and debit cards? Different types of credit cards will also involve different fees.

Credit Cards

Stax

JANUARY 15, 2024

TL;DR Credit card surcharging involves adding a fee to transactions with credit card payments, offsetting processing costs. It offers benefits, such as passing interchange fees to users, boosting profit margins, and encouraging alternative payment methods. Encouraging Alternative Payment Methods.

Credit Cards

Stax

JANUARY 24, 2024

Surcharge vs Interchange Fee The interchange fee is the amount a merchant pays to the card-issuing bank whenever a customer makes a purchase using a credit or debit card. Re-program your payment gateway to record surcharges as per the requirements of card networks.

Credit Cards

Stax

JANUARY 24, 2024

Surcharge vs Interchange Fee The interchange fee is the amount a merchant pays to the card-issuing bank whenever a customer makes a purchase using a credit or debit card. Re-program your payment gateway to record surcharges as per the requirements of card networks.

Credit Cards

Nanonets

MAY 8, 2024

Stripe Reconciliation refers to the use of Stripe for the systematic process of matching and verifying transactions processed through the Stripe payment gateway with corresponding entries in your accounting records.   What is Stripe Reconciliation?

Reconciliation

Payment Savvy

MAY 10, 2024

However, it’s worth noting that Shop Pay doesn’t require Shopify merchants to use Shopify Payments exclusively. These merchants have the flexibility to link third-party payment gateways to Shop Pay if they prefer. However, to accept credit and debit cards online, standard processing rates still apply.

BNPL

PYMNTS

JULY 19, 2018

For instance, 50 percent of online shoppers have abandoned a transaction because the eCommerce operator failed to offer a preferred payment option. PayPal offers another example of the possible path forward.

Cross-Border Payments

EBizCharge

FEBRUARY 13, 2025

This integrated payment solution allows companies to process various types of transactions, including credit cards, debit cards, and Automated Clearing House (ACH) payments, also known as electronic checks.

Processors