Non-Bank Point-of-Sale (POS) Processing Costs 
Stax
MARCH 13, 2025
In 2023, 27% of all point-of-sale (POS) payments were made using credit cards while 23% were made with debit cards. However, this convenience comes at a cost, mainly for businesses. TL;DR Interchange fees make up the bulk of the processing fees merchants pay to accept cards. But there’s more to it.
Stax
MAY 6, 2025
The process begins from the moment the customer makes a card payment to the point when the transaction is authorized and settled. Acquiring bank This is the merchant bank that allows the business to receive money from card transactions and store these funds. Think: Visa, Mastercard, American Express, and Discover.
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Stax
JULY 7, 2025
In this post, we’ll explore what surcharging entails and how it helps you tap into zero percent credit card processing. TL;DR Surcharging is a method for businesses to offset credit card processing costs by passing them on to customers. Free credit card processing” sounds too good to be true—and in some ways, it is.
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MARCH 5, 2025
The payment processor is a financial institution that handles transactions between the two banks. Meanwhile, a payment gateway is the technology that authorizes and processes payments between a buyer and seller by securely transmitting payment data. Together, these three parties facilitate the online payments process.
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. The Components of Payment Processing Behind every transaction is a connected ecosystem that makes it all possible.
Stax
JANUARY 21, 2025
Its a digital evolution of the conventional point-of-sale (POS) terminal. A physical POS terminal requires customers to insert, swipe, or tap their cards on the machine. In turn, the payment processor ensures a seamless transfer of the information between the merchant, issuing bank, and customer.
Stax
MARCH 27, 2025
TL;DR: Electronic Funds Transfer (EFT) is the umbrella term for all electronic payments made between bank accounts. Automated Clearing House (ACH) is one type of EFT that processes payments in batches through the ACH Network. For businesses, a fast and seamless payment process means happy customersand the statistics show it.
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