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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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Digital Payments: 12 Digital Payment Options to Consider Accepting in Your Business

Stax

In 2019, 77% of US consumers were using at least one type of digital payment system. Between 2019 and 2020, there was an 8% rise in the number of consumers increasing their payment options to two or more types of digital payments. Solutions providers like Stax integrate with a range of solutions to enable merchants to go mobile.

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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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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. You should also monitor transaction data to evaluate the success of your investment in a new payment system.

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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. Q: How can businesses implement ACH payments?

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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

Top Merchant Account Providers Stax Stax offers an industry-leading payment solution for eCommerce and in-person businesses. As well as integrating with a range of payment gateways and shopping cart plugins, the Stax Pay system brings all payment types into a single dashboard for seamless payment management.