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.
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.
Is Helcim a credit card processor?
Helcim is one of the few credit card processing companies that offers Interchange Plus Pricing to all businesses, with no contracts, monthly fees, or hidden charges.