Stax

NOVEMBER 14, 2024

Here are the inside details about what defines a payment solutions provider, how processing works, the credit card processing fees , risks, and more. TL;DR There are several parties involved in credit card processing. They include: the merchant, cardholder, card associations, acquiring bank, issuing bank, and payment processor.

Credit Cards

EBizCharge

DECEMBER 2, 2024

Understanding dual pricing is crucial for merchants and consumers, as it can offer cost savings and valuable financial insights. For businesses, it provides a legal way to manage the hefty credit card processing costs and maintain competitive pricing for cash-paying customers.

Process

Stax

JANUARY 21, 2025

Instead of juggling through different types of payment processors and platforms, a payment gateway allows you to accept multiple payment methods at once. The payment gateway collects and encrypts sensitive customer payment details and then securely sends them to the payment processor. You can also dispute chargebacks from your account.

Payment Gateways

EBizCharge

MAY 1, 2025

and can cover the costs associated with transferring funds between banks, fraud prevention, and compensating card networks, payment processors, and issuing banks. Understanding the various credit card processing fees your company may encounter will help you find effective ways to offset them and enhance operational cost efficiency.

Credit Cards

EBizCharge

JUNE 19, 2025

If you’re a business owner looking for ways to cut down on credit card processing costs, adding a surcharge might be one option worth considering. The goal is simple: to help offset the credit card processing fees you’re already paying to accept those cards. This helps avoid disputes and keeps everything transparent.

Credit Cards

EBizCharge

MARCH 20, 2025

Consider payment processing costs and ensure the provider complies with industry standards like PCI Compliance. Reviewing each providers functionality, payment collection tools, payment security, costs, and customer support will enable your business to make the best decision.

Payment Gateways

EBizCharge

JULY 3, 2025

This guide will unpack how to process payments without paying monthly fees, what the trade-offs might be, and how to pick the right path for your business. That includes everything from your payment processor to your point-of-sale system, gateway software, and even fraud protection tools. Free merchant services also reduce your risk.

Process

EBizCharge

JUNE 18, 2025

If you’re thinking about passing your credit card processing costs onto customers, it’s important to understand how the major card networks—like Visa, Mastercard, Amex, and Discover—handle surcharges. Key Takeaways for Merchants Always notify the card networks and your payment processor before applying a surcharge.

Credit Cards

Cardfellow

JUNE 28, 2025

Reasons to Use AVS Aside from acting as a fraud deterrent, saving you the hassles of processing a fraudulent transaction and dealing with the repercussions of that, one of the biggest reasons to use the Address Verification Service is that it’s part of the required qualifications for lower cost interchange categories.

Addressing

EBizCharge

JUNE 17, 2025

As payment processing costs continue to rise, many businesses are looking for ways to offset these fees. Two popular options—credit card surcharges and convenience fees —can help recover some of these costs. Used by merchants who want to keep prices competitive without absorbing card processing costs.

Credit Cards

EBizCharge

JULY 7, 2025

Credit card processing fees are one of those line items that quietly eat away at margins. As these payment processing costs continue to rise, companies are looking for practical ways to offset them without overhauling their pricing models. One increasingly popular tactic is surcharging. But it’s not a free-for-all.

B2B

EBizCharge

JUNE 27, 2025

If you’re a business owner dealing with rising credit card processing costs, this is for you. It’s a way for businesses to recover part or all of the processing fees they would otherwise absorb. A rushed implementation can lead to errors, disputes or, worse—violations of card network rules or provincial regulations.

Credit Cards

EBizCharge

JUNE 24, 2025

Understanding those differences can help you avoid compliance headaches, improve the customer experience, and recover more of what you’re losing to payment processing costs. You may need to update your setup or work with a payment processor that offers compliant payment solutions for retail environments. The challenge?

Credit Cards

Stax

MARCH 27, 2025

Digital payment methods paperless nature reduces check processing costs that can go as high as $4 to $20 per transaction. This makes it easy for businesses to track payments and resolve potential disputes. Regardless of whether you choose EFT, ACH, or both, working with a payment processor is important.

ACH

EBizCharge

JUNE 25, 2025

Most processors can help with this paperwork, but it’s your responsibility to make sure the notifications are filed and acknowledged. This helps avoid disputes and ensures the customer isn’t caught off guard. Notify Networks and Understand Their Requirements Your next move is notifying the card brands and your acquiring bank.

Compliance

Cardfellow

JUNE 16, 2025

If processors and banks chose to use FedNow, you could see instant settlement of transactions on the FedNow rails. Credit cards also have better dispute options. With credit cards, if there’s an issue with your purchase and the business won’t work with you, there’s an option to dispute the charge with your credit card company.

FedNow

Stax

APRIL 10, 2025

Its role is to encrypt and securely transfer your customers payment data to your payment processor. Accepting mobile payments requires a payment processor that offers NFC terminals and supports all the popular digital wallet options used by your customers.

Small Business

EBizCharge

JUNE 23, 2025

Getting the rules wrong can expose your business to legal penalties and fines from your payment processor. You’ll also see it more in B2B settings, where invoice sizes are larger and the cost of processing is more painful. The courts have generally sided with merchants who argue they should be able to recoup processing costs.

Credit Cards

EBizCharge

JUNE 3, 2025

As a leading provider of integrated payment solutions, EBizCharge offers tailored services that support the complex needs of high-volume businesses, helping them streamline payment processing operations, improve cash flow, and reduce processing costs.

Volume

EBizCharge

JANUARY 6, 2025

For business owners, this practice isnt just a thoughtful nod to customersits a smart move to reduce payment processing costs and encourage more cash transactions. A key factor is displaying pricing policies to ensure transparency and avoid disputes. Have you noticed businesses offering lower prices for paying with cash?

Legal

EBizCharge

JUNE 23, 2025

Handled properly, surcharging can be a smart, compliant way to manage processing costs. Even QuickBooks’ own processor, QuickBooks Payments, doesn’t support it. That transparency helps prevent surprises and disputes. This helps reduce disputes and builds trust. Cost Impact You eat the fees. Transparent.

Credit Cards

Stax

OCTOBER 14, 2024

Hunting for a payment processor provider for your business shouldn’t be one of those things. Knowing what to look for and what to avoid can help take the fear out of finding the right payment processor , making the decision a lot easier. Understand the difficulties you may face with a processor’s pricing or support.

Processors

Stax

FEBRUARY 19, 2025

Stax is an example of a payments processor provider offering personalized customer support to SaaS companies. How to avoid unexpected expenses: Before signing an agreement, request a detailed breakdown of all potential fees. It is also important to consider the potential impact on user experience and satisfaction.

Payments

Clearly Payments

MAY 1, 2025

Tariffs apply to goods , not services like payment processing. So your processor isnt charging you more just because tariffs exist. That said, tariffs can indirectly raise costs: Higher product prices Higher transaction values Higher interchange fees. Increased chargebacks or returns Higher dispute management costs.

Credit Cards

Clearly Payments

FEBRUARY 7, 2024

Chargeback Rate The chargeback rate measures the percentage of transactions that result in chargebacks, which occur when customers dispute a transaction with their card issuer. High chargeback rates can negatively impact merchants by increasing costs, damaging reputation, and affecting payment processing eligibility.

Process

Stax

SEPTEMBER 12, 2024

If you already have a payment processor, a good way to narrow down the list of potential providers is to see what terminals work with your processor. They also handle disputes, refunds, chargebacks, and fund settlements, so it’s critical you opt for a platform that’ll help you run and grow your business.

Online and Mobile Banking

Stax

JANUARY 10, 2024

TL;DR Understanding how credit card companies charge merchants is crucial for optimizing costs and enhancing customer experience. Credit card fees, including interchange, assessment, and payment processor fees, impact businesses on a per-transaction or recurring basis.

Credit Cards

Stax

MAY 7, 2024

Credit card merchant fees are split between multiple key players- merchants, credit card networks, banks, and processors. Processor markup These are fees charged by the payment processor, which is the company that manages and facilitates credit card transactions. Processor markup fees are also known as merchant service fees.

Credit Cards

Stax

NOVEMBER 15, 2023

They significantly impact the cost of accepting card payments. Understanding interchange fees enables merchants to effectively manage processing costs, negotiate better rates, make informed decisions about card acceptance, and ensure compliance with payment industry standards.

Credit Cards

Synapse Payment Systems

AUGUST 25, 2022

You’ll have transaction data timestamped and tied to a customer’s card number—protecting you in the case of a dispute—and all of your funds will automatically transfer to your bank account. The biggest drawback is that these payment gateways have high processing costs on every transaction. on card-not-present transactions.

Small Business

EBizCharge

AUGUST 30, 2024

Breakdown of credit card processing fees Credit card processing fees are charged to merchants for each credit card transaction processed. These combined costs are calculated as a percentage of each transaction plus, in some cases, additional fixed fees. However, there are ways they can avoid some of those costs.

Credit Cards

Stax

SEPTEMBER 26, 2024

These fees help the business offset the cost of credit card processing fees, which the merchant typically has to pay to the card issuer and payment processor. Payment processors, if employed by the merchant, charge processing fees for handling the transaction authorization, settlement, and reporting services.

Credit Cards

EBizCharge

AUGUST 5, 2024

Billbacks often complicate the accounting process as they require retroactive adjustments to the revenue, leading businesses to use billback software or third-party billing software. Understanding how billbacks work allows businesses to accurately manage and predict their processing costs, ensuring there are no unexpected fees.

Best Practices

Payment Savvy

JULY 3, 2024

When a customer uses their debit card, several parties are involved in processing the transaction: the bank that issued the debit card (issuing bank), the bank that provides the business with card processing services (acquiring bank), and the payment processor. Who’s Charging Debit Card Processing Fees?

Debit Card

Stax

NOVEMBER 11, 2024

When you’re selling products or services that cost thousands of dollars, you end up paying hundreds of dollars in credit card fees. Using ACH payments reduces your processing costs to a fraction of what you’d typically pay when a client uses a credit card. This also makes ACH payments ideal for high-value transactions.

ACH

PayHawk

JUNE 9, 2023

These services include payment processing, fraud prevention, and dispute resolution. Merchant service providers work with acquiring banks and credit card companies to process transactions and transfer funds from the customer’s account to the merchant ‘s account. What are Merchant Services ? Start Saving Money!

Debit Card

Stax

JANUARY 15, 2024

Are you struggling with resource constraints caused by soaring credit card processing costs? TL;DR Credit card surcharging involves adding a fee to transactions with credit card payments, offsetting processing costs. It offsets the card processing costs, transferring the financial obligation to the latter.

Credit Cards