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Stax Celebrates 10 Years: Looking Back at a Decade of Growth and Payment Innovations

Stax

To the incredible Stax community: allow us to take a moment to recognize a milestone that we are extraordinarily proud of—our 10th anniversary. Sprinkled throughout this article are quotes from some of Stax’s long-standing employees, because who better to tell the company’s story than the people who help make it happen?

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What is Click to Pay and How Does It Work?

Stax

The payment system was introduced in 2019 by the major card schemes, including Visa, American Express, Mastercard, and Discover in response to the demand for a more standardized, frictionless, and secure online payments regime. Your testing should check for security compliance, technical performance, and mobile responsiveness.

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Vantiv Worldpay Merchant Services by FIS

Stax

In June 2019, Fidelity National Information Services ( FIS ) acquired Worldpay in a massive $35 billion deal, making it the largest financial technology merger at the time. Stax and Worldpay: A Powerful Partnership Stax is one of the largest Independent Sales Organizations (ISOs) partnered with Worldpay.

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5 Benefits of ACH Payments Over Check Payments

Stax

Setting up ACH payments is easy with a great merchant account service like Stax. A recent study by the Better Business Bureau states that fraud and identity theft rose by 45% from 2019 to 2020. The same study indicates a 72% increase in account takeover since 2019. The ACH network is governed by a variety of regulatory bodies.

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Tap to Pay: What It Is and How It Works

Stax

In 2015, many merchants switched to NFC-enabled terminals; by 2019, most banks were issuing contactless cards. Full-service POS and credit card payment providers Full-service providers like Stax offer complete POS solutions and backend payment processing, which are essential to accepting contactless payments.

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What are Merchant Accounts and How Do They Work?

Stax

Online Merchant Accounts Process payments for online businesses eCommerce websites, marketplaces, mobile apps Secure payments, fraud prevention, payment gateway integration PCI DSS compliance, multi-currency, recurring billing. However, the higher monthly fee means that Stax is better suited for larger businesses with high processing volumes.

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What is B2B Payments Processing and How Do You Implement It?

Stax

Between 2019 and 2020, the number of U.S. Cross-border B2B payments can be complicated due to currency conversions, regulatory compliance, and varying banking systems. Plus, with an open Payments API, you can easily integrate Stax with your existing solutions to enhance your technology infrastructure.