Stax

APRIL 30, 2024

Stax is suited to established businesses with good sales volume that benefit from a set monthly fee. However, for those with high sales volume, there are real savings to be had through subscription-based pricing. However, for those with high sales volume, there are real savings to be had through subscription-based pricing.

Online and Mobile Banking

Segpay

JANUARY 10, 2025

Unusual Transaction Patterns : Spikes in sales or transaction volumes can alarm processors and trigger account reviews. Industries Most at Risk Certain industries face more scrutiny, including: Adult Merchant Services : Payment processing for adult content requires specialized support and payment partners.

Processors

Stax

MARCH 11, 2024

This helps you leverage negotiating power by asking for discounts or waived fees based on your business volume. Purchase your card readers from your POS or payment solutions provider. Q: How much does a card machine cost? The cost of a card machine varies based on the type, functionality, and provider.

Process

National Merchants Association

AUGUST 10, 2022

Learn more about the type of merchant account your business needs and how different credit card processing options work below. High-risk merchant accounts are types of businesses that banks consider to be high-risk for credit card payment processing. What is a high-risk merchant account?

Risk

National Merchants Association

AUGUST 10, 2022

Learn more about the type of merchant account your business needs and how different credit card processing options work below. A high-risk merchant account is a type of business that banks consider to be high-risk for credit card payment processing. What is a High-Risk Merchant Account?

Risk

National Merchants Association

AUGUST 10, 2022

Learn more about the type of merchant account your business needs and how different credit card processing options work below. High-risk merchant accounts are types of businesses that banks consider to be high-risk for credit card payment processing. What is a high-risk merchant account?

Risk

Stax

NOVEMBER 15, 2023

Negotiate with payment processors While you can’t negotiate interchange fees, you can negotiate the fees charged by your payment processor or merchant services provider. Be proactive in discussing your processing rates and ask for competitive pricing, especially if you have a high transaction volume.

Credit Cards

Clearly Payments

NOVEMBER 17, 2023

This article explores practical strategies to help businesses lower their credit card payment processing costs, offering insights to enhance financial efficiency. Negotiate with Your Credit Card Processor This is probably the simplest and most impactful way to reduce your fees.

Credit Cards

Stax

APRIL 18, 2024

Step 5: Payment Once clearing is complete, the issuing bank transfers the funds to the acquiring bank. This marks the completion of the credit card payment process. Who Sets the Credit Card Processing Fees? Stax can ensure that while you grow, your credit card processing fees don’t.

Credit Cards

Stax

NOVEMBER 11, 2024

ACH transfers, or payments made through the Automated Clearing House network, account for billions of dollars in payments annually. In fact, NACHA, the nonprofit that governs the ACH payments network reported 6.1% in payment volume growth in Q4 2021. This also makes ACH payments ideal for high-value transactions.

ACH

EBizCharge

MAY 2, 2024

How is zero fee credit card processing different from surcharging? At first glance, zero fee credit card processing and surcharging may seem similar because both approaches aim to eliminate credit card payment processing fees.

Credit Cards

Stax

JULY 5, 2024

Credit cards are ubiquitous, and no business (regardless of its size) can afford to ignore credit card payment processing in the current landscape. On the flip side, however, credit card fees can eat away at your profits since a percentage of each credit card transaction goes toward processing fees.

Adjustments

PayHawk

JULY 24, 2023

The reasons for categorizing a business as high risk vary and may include factors such as the industry type, credit history, transaction volume, and geographic location. Financial institutions and payment processors view these businesses as posing higher risks, making them ineligible for traditional merchant accounts.

Risk

Clearly Payments

APRIL 7, 2025

Credit card processing fees are a cost of doing business, but that doesnt mean you cant reduce them. per transaction in credit card fees, depending on their industry, sales volume, risk profile, and the type of cards accepted (e.g., In 2025, the average business pays between 1.5%

Credit Card Payment Processing