Stax

APRIL 17, 2025

Thats why weve compiled this guide to help you understand how POS systems work, the key features to look for, and how to choose and implement the right software for your retail store. TL;DR A point-of-sale (POS) system is a combination of software and hardware used by businesses to facilitate in-store sales.

Online and Mobile Banking 88

Online and Mobile Banking CRM Point-of-Sale (POS) Debit Card 88

Stax

MAY 13, 2025

These services enable you to process credit card payments online, in person, and on the go, and include everything from secure payment gateways to merchant accounts and point of sale (POS) systems. POS system – A combination of hardware and software that lets you accept in person payments and process sales on-site.

Credit Cards 88

Credit Cards Payment APIs and Integration Processors Process 88

Stax

NOVEMBER 21, 2024

Whether you are starting a new online store or looking to grow your existing brick-and-mortar small business, you must make provisions for accepting credit card payments. A study by the Federal Reserve Bank of San Francisco showed that credit cards account for 31% of all payments, significantly more than cash at 18%, and debit cards at 29%.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

Stax

NOVEMBER 6, 2023

Fast forward to now where much has changed, and research anticipates contactless mobile payments to exceed one billion users globally by 2024. Customers can pay with their watch or phone just by tapping it on a card reader, and businesses can host an entire POS system on a mobile phone.

Mobile Payments 88

Mobile Payments Online and Mobile Banking Debit Card Payments 88

EBizCharge

NOVEMBER 12, 2024

A merchant account is a business bank account that allows companies to accept payments, such as debit and credit card transactions, electronic funds transfers (EFTs), and Automated Clearing House (ACH) payments. Merchant account providers (MSPs) often offer tailored solutions based on the type of business and online transaction volume.

Accounts 52

Accounts Online and Mobile Banking MSPS Debit Card 52

Stax

NOVEMBER 6, 2023

Thankfully, with mobile payments from Stax , you can quickly accept and process payments from your customers. Learn all about mobile payments and why you may want to consider joining the Stax family to streamline payments and boost your small business’ productivity. Mobile payments are much more secure than cash and checks.

Small Business 88

Small Business Mobile Payments Mobile Payment Processing Online and Mobile Banking 88

EBizCharge

MARCH 31, 2025

A merchant services provider helps businesses process payments like debit and credit cards, Automated Clearing House (ACH)/eChecks, and other online transactions. These providers act as intermediaries between merchants, banks, and payment networks, ensuring transactions are processed securely and efficiently.

Service Provider 52

Service Provider MSPS Payment Gateways Gateways 52

Stax

SEPTEMBER 17, 2024

A payment gateway is a must-have for online stores. And the best way for online businesses to start accepting payments is with a payment gateway. TL;DR A payment gateway is a solution that securely reads and transfers a customer’s payment information to a merchant’s bank account—both for online and in-person transactions.

Payment Gateways 88

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 88

Fintech Review

DECEMBER 3, 2024

Point-of-sale (POS) terminals became commonplace, allowing businesses to process payments seamlessly. The Rise of Digital Wallets and Mobile Payments The proliferation of smartphones in the 21st century ushered in a new era of digital payments. Over time, card networks such as Visa and Mastercard expanded globally.

Payment Solutions 97

Payment Solutions Payments Contactless Payments Online and Mobile Banking 97

Clearly Payments

FEBRUARY 14, 2024

The proliferation of ewallet platforms and mobile payment systems over the past decade has also revolutionized the way consumers interact with financial services. billion mobile wallet users globally , highlighting the rapid adoption of these convenient and secure payment options. As of 2023, there were over 4.5 With over 7.2

Payments 104

Payments Value Added Service BNPL ISOs 104

Stax

APRIL 18, 2024

For a merchant to accept credit cards, they need to pay both credit card processing fees to the banks involved and for the soft and hardware required to process cards. Acquiring Bank (Merchant Bank): The financial institution that establishes and maintains the merchant’s account, enabling them to accept credit card payments.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

Clearly Payments

APRIL 3, 2024

This process is vital for businesses, as it enables them to accept payments through various methods, including credit and debit cards, electronic bank transfers ( EFT/ACH ), and digital wallets. Mobile Payment Boom: The growing use of smartphones and tablets is boosting the adoption of mobile payment solutions like Apple Pay and Google Pay.

Process 59

Process Processors Online and Mobile Banking Payments 59

Clearly Payments

JANUARY 10, 2024

Digital payments has become a core foundational capability with the growth of the internet and mobile devices. This approach is commonly used by eCommerce platforms, point-of-sale (POS) systems, and other software that facilitates online or in-person payments.

Processors 105

Processors ISOs Embedded Finance Payments 105

EBizCharge

APRIL 25, 2024

Apply for a merchant account A merchant account is typically set up through a payment processor or acquiring bank. This account serves as an intermediary between the business and the payment processor or acquiring bank, facilitating the secure processing of credit and debit card transactions, among other forms of payment.

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Credit Cards Contactless Payments 52

Stax

MARCH 14, 2024

Online and contactless adoption multiplied, and digital payments rose. Consumers are increasingly gravitating towards quick and convenient payment methods such as contactless payments and mobile wallets when transacting with businesses. Between 2019 and 2020, the number of U.S. What are the Most Common B2B Payment Methods?

B2B 88

B2B Process B2C Credit Cards 88

Stax

APRIL 11, 2024

Your PMS is a central hub to manage payment requests and store banking information (like your routing and bank account number for ACH payments ). Robust security measures: Any PMS worth its salt needs to have standard security features like encryption, fraud detection and compliance with industry standards, including the PCI DSS.

Payments 88

Payments PCI DSS Compliance Processors 88

Payment Savvy

JULY 3, 2024

When a customer uses their debit card to make a purchase, the funds are directly withdrawn from their checking account, as opposed to credit card transactions where the funds are borrowed from the issuing bank. Card-Not-Present Transactions Online Debit Card Transactions : Transactions conducted via online platforms.

Debit Card 52

Debit Card Process PCI DSS Processors 52

Stax

JULY 25, 2024

Years ago, point-of-sale (POS) systems were reserved for large enterprises with big budgets. Today, a small business is barely complete without a POS system. If you feel left out, the good news is that there’s a POS system out there ideal for your business.

Small Business 88

Small Business PCI DSS CRM Online and Mobile Banking 88

M2P Fintech

MARCH 28, 2024

Aadhaar-enabled Payment Service (AePS) AePS, in India, enables individuals to conduct basic banking transactions like d eposits, withdrawals, balance inquiries, bill payments, etc. without requiring a traditional bank account or debit card. Unlike physical cash or bank deposits, CBDCs are purely electronic.

FinTech 59

FinTech Online and Mobile Banking Push-to-Card Payer 59

PayHawk

APRIL 18, 2023

Automated Clearing House (ACH) An electronic network that enables the transfer of funds between bank accounts. B Bank Identification Number (BIN) The first six digits of a payment card number that identify the card issuer. Average Ticket Size The average dollar amount of each transaction processed by the merchant.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52

EBizCharge

JUNE 3, 2024

An electronic funds transfer , or EFT, is a core pillar of modern banking and transactions. The term encompasses a broad range of electronic financial transactions in which funds are transferred from one bank account to another without physical exchange. Bank ATM: Transactions conducted at bank ATMs also fall under the EFT category.

Funds Transfer 52

Funds Transfer Electronic Fund Transfer Act (EFTA) Electronic Funds Transfer (EFT) Wire Transfer 52

Nanonets

SEPTEMBER 28, 2023

​​If you've ever used online banking, chances are you've used Electronic Funds Transfer, or EFT. It is a system of transferring money from one bank account to another without the use of paper checks, or cash. Plus, EFT payments are typically backed by your bank, so you can be sure that your money is safe.

Electronic Funds Transfer (EFT) 52

Electronic Funds Transfer (EFT) Funds Transfer Wire Transfer Wire 52

Nanonets

SEPTEMBER 28, 2023

​​If you've ever used online banking, chances are you've used Electronic Funds Transfer, or EFT. It is a system of transferring money from one bank account to another without the use of paper checks, or cash. Plus, EFT payments are typically backed by your bank, so you can be sure that your money is safe.

Electronic Funds Transfer (EFT) 52

Electronic Funds Transfer (EFT) Funds Transfer Wire Transfer Wire 52

EBizCharge

JULY 2, 2024

It also enhances security, as modern contactless payment options like digital wallets and chip cards are equipped with advanced encryption, protecting sensitive customer information from potential fraud. Payment links eliminate the need for a physical card or point-of-sale (POS) system, making them versatile for remote billing or services.

Contactless Payments 52

Contactless Payments Payments Disputes Online and Mobile Banking 52

Clearly Payments

DECEMBER 5, 2023

The 1970s witnessed the birth of electronic authorization systems, enabling real-time communication between merchants and banks to verify the legitimacy of transactions. The 1980s brought about the widespread adoption of point-of-sale (POS) terminals , making it more convenient for merchants to accept credit card payments.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52

CB Insights

JUNE 17, 2020

In the wake of the outbreak, everything from doctors appointments to schooling to workouts went online. As more people have worked, learned, banked, exercised, relaxed, and even sought medical care from home during Covid-19, they have gotten a crash course in just how much can be accomplished at home. Online courses & content.

Posting 101

Posting Technology Online and Mobile Banking On-Demand 101

Clearly Payments

MAY 9, 2025

With a vast infrastructure, Moneris services hundreds of thousands of businesses across Canada, offering everything from point-of-sale (POS) terminals to e-commerce integration, with strong banking relationships and deep compliance capabilities. Some support is run outside of Canada.

Payment APIs and Integration 52

Payment APIs and Integration Payments Processors Online and Mobile Banking 52