Some of the models also will enable you to accept tap-to-pay transactions through Apple Pay, Samsung Pay, and Google Pay. These card readers are available on various devices and allow you to accept magnetic stripe and EMV chip payment cards. While PayPal doesn’t offer traditional POS equipment under its own branding, it does provide card readers by the name of PayPal Here. This lets you use highly secure and easy-to-use POS solutions at affordable prices. The overall transaction fee structure for Stax also comes at a lower price point.
This provides you with the utmost flexibility while ensuring that you can make your selection in a stress-free way. Whether you are selecting an all-in-one solution or a wireless device, you can easily compare and choose between readily available hardware in one place.
In comparison, Stax provides you with an easier selection process for your POS equipment. This fee is lowered down to 2.2% + $0.30 per transaction for charities, but it otherwise stays the same for businesses. This makes PayPal merchant services set up a bit more complex to handle than it should be in the first place.Īpart from the POS equipment setup’s differing costs, you also need to pay a fee of 2.9% + $0.30 per transaction. While setting up the equipment with your PayPal account is quick and easy, finding the right POS device across different vendors can be a little stressful. This gives you specified options to select a vendor that’s suitable for your sector.īut this also makes the process a bit more complicated. For instance, Lavu is more focused on the restaurant industry, while Brightpearl excels in retail settings. Some of these POS vendors specialize in specific categories. These include but are not limited to Vend, Lavu, Talech, and Brightpearl. If you sign-up with PayPal, you need to choose your POS equipment through one of its brand partners. Unlike many other merchant services, PayPal doesn’t directly provide traditional point of sale (POS) equipment to its clients. In the form of countertop devices and handheld equipment, these solutions allow you to swipe or read payment cards to process required transactions. Learn More Point of Sale TerminalsĪ point of sale (POS) device or setup is essential for accepting credit card and debit card payments at your business. With this in mind, it’s essential to give these categories a closer look to determine how they fare against Stax. This allows you to pick and choose the solutions that you need for an ideal payment support infrastructure. Under the banner of PayPal Commerce, PayPal’s merchant services are distributed across different divisions.
Where Do PayPal Merchant Services Stand In Comparison to Stax? To see how PayPal Merchant Services hold up against the Stax platform, here’s a detailed comparison of both companies and their offered solutions. However, even with the air of accessibility around them, PayPal’s services often come at a higher price point than many other specialized merchant services providers such as Stax. This especially holds for small businesses, which find PayPal’s easy integration and swift setup as massive advantages for their operations. The company covers a holistic set of payment services to support your payment needs, from hardware to software.ĭue to PayPal’s overall brand recognition and its expansive network, going with the company’s solutions seems like an excellent choice for many corporations and businesses. PayPal Merchant Services include almost everything you need for credit card and debit card processing when it comes to merchant services. This ease of use also applies to several other divisions that PayPal operates under its brand. Via Xoom, it offers a highly accessible way of sending international remittances across the world, and with Honey, it integrates discount coupon offerings to boost retail transactions. Through Venmo, it delivers quick and painless mobile payment transfers to individuals. PayPal offers a variety of other payment processing solutions through several of its subsidiaries. This also includes a heavy focus on payment processing services, where the company offers its solutions to retailers and businesses across various sectors. In just over two decades, the company has become integral to payment transfers and online transactions all over the world. Established in 1998, PayPal has become synonymous with digital payments.
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