How much does Stax cost?
The monthly subscription to Stax starts at $99, with a charge of eight cents per transaction on top of interchange rates for swiped payments and 15 cents per transaction when the card number is manually entered online or in-store. Special offers may be available to businesses with high transaction volumes.
What are the payment channels?
Payment channel information is a payment property that identifies the delivery method by which customer payments are sent to a financial institution. For example, payment channels include the Internet, Interactive Voice Response (IVR) phone service, Automated Clearing House (ACH), and lockbox.
Do you have to pay for Square?
Square's Fees and Accepted Cards
Square's standard processing fee is 2.6% + 10¢ for contactless payments, swiped or inserted chip cards, and swiped magstripe cards. Payments that are manually keyed-in, processed using Card on File, or manually entered using Virtual Terminal have a 3.5% + 15¢ fee.
What is Fattmerchant?
Stax (formerly branded as Fattmerchant), is a merchant services provider known for its subscription-based pricing and 0% markup on interchange rates. It may be a good fit if you process a minimum of $5,000 in credit card transactions monthly and are looking for rock-bottom interchange fees.