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

Stax

Credit card merchant services are often viewed as a back-office function or necessary cost. In this blog, we’ll explore how to approach credit card processing like an opportunity instead of just another expense. Talk to sales What Are Credit Card Merchant Services?

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The Hidden Costs of Payment Processing No One Talks About

Clearly Payments

If you run a business, youre aware of the basic fees for accepting credit card payments. depending on the credit card. increase in fees can mean thousands of dollars lost each year for a business making steady credit card sales. The gateway is the digital equivalent of a credit card terminal.

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Merchant Underwriting: What It Is, How It Works, and Why It’s Important

Stax

Whether you’re running a small eCommerce shop or managing a high-risk industry venture, understanding merchant underwriting can help you navigate the approval process and maintain a strong partnership with your payment service provider. Update criteria regularly Adapt to new industry trends and emerging risks.

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HVAC Industry Overview on Credit Card Payment Processing

Clearly Payments

In the competitive landscape of the Heating, Ventilation, and Air Conditioning (HVAC) industry, businesses are constantly seeking innovative solutions to enhance their services. One crucial aspect that often goes overlooked is the efficiency and convenience of credit card payment processing.

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What to Know About Visa’s 2024 Interchange Rate Updates

Evolve Payment

Implemented on April 12, 2024, these changes promise to reshape the landscape of credit card transactions. With modified interchange rates, the cost associated with processing credit card transactions could see a slight adjustment. But fear not, for with knowledge comes power. So What’s Visa Actually Changing?

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Difference Between Metrics and KPIs in the Payments Industry

Clearly Payments

Selecting the Right Metrics and KPIs In the payments industry, selecting the right metrics and KPIs requires careful consideration of various factors, including industry trends, business objectives, customer needs, and regulatory requirements.

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How Much Are Debit Card Processing Fees

Payment Savvy

Unlike credit card processing fees , which can be higher due to the risk of credit, debit card fees are generally lower because the funds are directly debited from the customer’s bank account, reducing the risk of non-payment. Signature debit transactions occur when a customer signs to authorize the payment.