Stax is a full-service merchant account provider that offers businesses the ability to pass through credit card processing fees (interchange) with no markup. The company also provides free terminals or card readers and unlimited terminal swaps if your equipment wears down or is damaged. Additional features include same-day funding, automated clearing house (ACH) processing, custom branding and digital gift cards.
There are no contracts, although you pay a monthly fee. Stax’s base plan costs $99 per month for up to $250,000 in processing and includes recurring invoices, ACH processing, free terminal or mobile reader, application programming interface (API) capabilities, enhanced reporting and Text2Pay mobile payments, data exports and automatic updates for credit cards stored in your terminal or card reader. Its midtier plan is $199 per month for between $250,000 and $500,000 in process and anything above $500,000 in processing requires a custom quote.
Learn more: Read our full Stax by Fattmerchant review.
Who should use it:
Businesses that want to avoid long-term contracts and pass along credit card processing fees to their customers.