Remove Payment Gateways Remove Payment Initiation Remove PCI DSS
article thumbnail

Credit Card Processing for Small Business: Everything You Need to Know

Stax

TL;DR Credit card payment processing encompasses the series of activities that enable your small business to accept credit card payments from customers and facilitate the transfers of relevant funds from the buyer’s bank account to your business account. You are likely better off opting for a third-party platform.

article thumbnail

The Ultimate Guide to Online Payment Processing

Stax

This article will show all you need to know about online credit card processing and how you can select the best payment services provider for your needs. Some payment gateways use tokenization to secure sensitive customer details.

article thumbnail

What is a Payment Service Provider (PSP) and How Do They Work?

Stax

The payment gateway connection will be responsible for transmitting your customer’s payment information between your own customer-facing platforms and your PSP and other relevant financial institutions. Also, the processing rates for a debit card payment will be different from the processing rates for an ACH transfer.