Electronic Banking Point-of-Sale (POS) Processing Costs 
Stax
MARCH 27, 2025
Clients only need to swipe a card at your point-of-sale (POS) terminal or enter their bank account number into your website (Initiation). It seems straightforward for clients, but behind the scenes, a financial institution keeps the process in check. EFT reduces friction in the customer journey.
Stax
MAY 7, 2024
Terminal or equipment fees – Small businesses often lease or purchase payment processing equipment, such as point-of-sale (POS) systems or credit card terminals. They also have fewer risks than credit cards, hence why they’re cheaper to process. These fees can also vary based on transaction type.
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