While the terms “payment gateway” and “payment processor” are often used interchangeably, they represent distinct components of the payments landscape. This article provides an in-depth look at payment gateways versus payment processors,...
Key Takeaways: Square charges 2.6% + 15¢ per in-person card payment on its Free plan, 2.5% + 15¢ on Plus, and 2.4% + 15¢ on Premium. Online card payments cost 3.3% + 30¢ on Free and 2.9% + 30¢ on Plus and Premium. Manually keyed payments and saved cards cost 3.5% +...
On March 1st Square announced that they will be making several changes to their pricing and fees across different aspects of their company. According to the announcement, the decisions were made so that the POS provider “can invest in our platform, create...
Most businesses that accept card payments use a third-party payment processor instead of opening their own merchant account. A third-party payment processor lets a business take credit cards, debit cards, and digital wallets within minutes of signing up, but the...
As a retail business owner, there are certain features you look for when choosing the point of sale software that will be used to run your store. Inventory management, CRM, loyalty programs, accounting integration, transaction processing, and gift cards are all...
