Business Day Funds Transfer PCI DSS 
Stax
JULY 9, 2024
More and more, cash-only businesses are falling by the wayside, unable to keep up with consumer demand for convenient electronic payments. The world of Electronic Funds Transfer (EFT) payments is vast, spanning just about every payment method you can think of. What is an Electronic Funds Transfer (EFT) Payment?
Payment Savvy
JULY 3, 2024
As the preferred method for many, debit card transactions offer convenience, security, and immediate fund transfers, making them integral to modern commerce. Businesses that learn the ins and outs of debit card processing can better accommodate their customers’ preferences and rationalize their financial procedures.
Stax
APRIL 30, 2024
Unlike traditional flat-rate pricing interchange-plus pricing breaks down the various cost components of payment processing so businesses clearly understand the reasons behind their fees. Quick fund transfers as early as 24 hours. Not complying with the PCI can attract a fine of up to $500,000 per incident.
Stax
DECEMBER 27, 2023
When a transaction takes place, the payment arrives first in the merchant account before being transferred to the business owner’s business checking account. It usually takes one to two business days before these funds are available to the business, though some payment processors may offer same-day deposits.
Stax
NOVEMBER 11, 2024
These transactions usually process within one to three business days and are most commonly used for payments such as direct deposits for payroll, recurring bill payments, and B2B invoice payments. Simply put, check payments are the analog version of ACH transfers.
EBizCharge
JULY 24, 2024
They offer instant transfers and reduce the need to carry cash. While traditional bank transfers can take several business days, depending on the service used, P2P transactions can occur almost instantaneously, depending on the service used. How do P2P payments work?
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