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Credit Card Merchant Services: What to Look for (and What Most Businesses Miss)

Stax

In this blog, we’ll explore how to approach credit card processing like an opportunity instead of just another expense. Ideal for growing businesses that want to optimize processing costs, our transparent subscription pricing model can save customers up to 40%. What does your chargeback protection look like?

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Looking for the Best Payment Gateway? Here’s How to Choose the Right One

Stax

In this blog post, well help you understand the factors and features you need to consider to find the right payment gateway to suit your unique business needs. You can also dispute chargebacks from your account. Some businesses may receive multiple terminals, which helps reduce physical payment processing costs.

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Address Verification Service (AVS)

Cardfellow

Reasons to Use AVS Aside from acting as a fraud deterrent, saving you the hassles of processing a fraudulent transaction and dealing with the repercussions of that, one of the biggest reasons to use the Address Verification Service is that it’s part of the required qualifications for lower cost interchange categories.

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The Top Payment Methods For Small Businesses

Stax

Step 3: Calculate transaction fees and other associated processing costs Your choice of payment methods shouldnt come with too much overhead costs that they stifle your business. Be sure to evaluate the fees associated with each payment method to narrow down the payment options that wont be a burden to your finances.

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FedNow and Credit Card Processing

Cardfellow

Credit cards also have better dispute options. With credit cards, if there’s an issue with your purchase and the business won’t work with you, there’s an option to dispute the charge with your credit card company. Some in the financial world claim that FedNow could actually reduce processing costs.

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How to Select the Best Payment Terminal for Your Business

Stax

At Stax, we do things differently and offer subscription-based pricing with access to direct cost processing, and no hidden fees. That means that instead of taking a cut out of your sales, we’ll just charge a flat membership fee with wholesale credit card processing costs, saving you up to 40% in payment processing costs.

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How Much Do Credit Card Companies Charge Merchants?

Stax

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. Additional fees As well as the credit card fees mentioned above, there are a range of other fees that contribute to credit card processing costs for business owners.