This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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?
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.
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.
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.
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?
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.
Top Merchant Account Providers StaxStax 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.
Between 2019 and 2020, the number of U.S. By working with a service provider like Stax, which offers a membership plus interchange pricing model, businesses can see a real impact from those lower interchange rates. Online and contactless adoption multiplied, and digital payments rose.
Heres how merchant service providers like Payment Depot by Stax can help in terms of efficiency, security, and cost savings. Simplified payment management Global cash usage dropped by 80% in 2019 and continues to decrease by 4% each year. Customers nowadays expect more flexibility to pay however and whenever they prefer.
We organize all of the trending information in your field so you don't have to. Join 80,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content