Remove CRM Remove Fraud Detection Remove Online Payment Processing
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What is a Payment Processing System and How Does It Work?

Stax

Funds are settled and deposited into the merchant account – Once the transaction has been approved, the funds are deducted from the customers account and deposited into the merchant account or payment service provider account after settlement. Security is the core of any payment processing system.

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The Complete Guide to Merchant Services for Small Business Owners

Stax

They enable secure, efficient in-store and online payment processing and offer flexible payment options that customers demand today. These POS equipment collect payment information at physical locations and transmit them to payment processors. inventory, CRM, and accounting software).

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

Stax

A better customer experience Fast, flexible payments are no longer a nice-to-havetheyre expected. With the right merchant services setup, you can offer seamless checkouts across every touchpoint, whether its tap-to-pay in-store or a one-click purchase online. It also gives you a more complete picture of your business in real time.

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What Are Merchant Category Codes (MCCs)?

EBizCharge

Fraud detection and risk assessment: MCCs assist fraud detection and risk assessment operations by flagging suspicious transactions. For example, if a credit card is suddenly used at a pawn shop after being consistently used at beauty shops, this can indicate fraud.

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How to Choose the Right Payment Processing Software

Stax

You may be better off with a platform-agnostic payment processing software like Stax Payments, which works with a number of leading solutions. Also, Stax integrates seamlessly with thousands of third-party apps, including all the popular CRM, marketing, and financial apps used by most businesses.

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What is an Online Terminal and Why Do Merchants Need One?

Stax

They act as a bridge between traditional payment processing and online payment possibilities. With seamless online payment processing, streamlined processes, and enhanced operational efficiency, online terminals simplify transactions, bolster security, and provide valuable insights into customer behavior and sales trends.

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What are Merchant Accounts and How Do They Work?

Stax

Moreover, many merchant accounts today come bundled with a payment gateway, another crucial component of the online payment process that streamlines transactions and protects against fraudulent activity. However, the higher monthly fee means that Stax is better suited for larger businesses with high processing volumes.