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Deep Dive: How Payments Orchestration Can Drive ROI And Reduce Payments Processing Costs

PYMNTS

Covering the cost of payments processing is an unavoidable expense, but many businesses can find themselves paying more than necessary. Most PSPs have unique pricing structures that vary depending on a host of factors, such as the risk of processing certain transactions or the types of card payments being processed.

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The Price of Convenience: Is There Such a Thing as Free Credit Card Processing?

Stax

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.

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How One Small Business Saved $10,000 a Year on Payment Processing

Clearly Payments

For many small businesses, payment processing fees are a significant expense that eats into profits. Whether you run a retail store, an e-commerce business, or a service-based company, the costs of accepting credit and debit cards add up quickly. We’ve seen some merchants pay 10%.

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Meet HeroPay, The Startup That Wants To Be Small Business’ Payments Hero

PYMNTS

Taylor said that HeroPay, which charges a fee or commission from the payments processor and no fees from the businesses or merchants it deals with, can typically save a business about 40 percent off its credit card processing costs. There’s a huge imbalance in information out there.

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What is B2B Payments Processing and How Do You Implement It?

Stax

Business to business organizations provide services or goods to other companies, unlike business to consumer (B2C), which is when businesses transact with consumers (individuals). Business to business payments, therefore, refer to the payment processes and activities between two businesses.

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Why Small Coffee Shops Are Thinking Big About Digital

PYMNTS

Independent coffee shops weren’t totally tuned out when it came to digitization in the pre-COVID-19 world, but it wasn’t an area of focus for them, according to Tim Griffin, founder of small business payments platform Cloosiv and chief product officer of its new parent company, Odeko.

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

Stax

Payment Depot Payment Depot is a subsidiary of Stax, sharing many similarities but targeting different businesses. Payment Depot is better suited for businesses with high transaction volumes. Some businesses may receive multiple terminals, which helps reduce physical payment processing costs.