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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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How to Maintain Anti-Money Laundering Compliance as a PayFac

Stax

trillion took place in 2020, accounting for about 2.7% The US, therefore, requires financial institutions as well as financial services firms to have anti-money laundering (or AML) compliance programs in place. In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac).

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How to Evaluate Charity Payment Solutions for Non-Profit Software Companies

Stax

TL;DR Key features your charity payment solution should cover include PCI compliance and security, streamlined integrations, a great user experience, reporting and analytics, and customization and flexibility. At Stax Connect, we work with a subscription-based mode l with a 0% markup on direct-cost interchange.

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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. In 2020 there was an average of 1.4 A recent study by the Better Business Bureau states that fraud and identity theft rose by 45% from 2019 to 2020. Learn More ACH Payment Versus Check Payments: What’s The Difference?

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Mobile Credit Card Processing Explained: What Business Owners Need to Know

Stax

How to implement mobile credit card processing Implementing mobile credit card processing involves several key steps, from selecting the right hardware and software to ensuring security and compliance. To learn more about Stax’ mobile payment solutions, request a custom quote today.

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Understanding Credit Card Processing Fees for Merchants: How Much Does Processing Credit Cards Cost?

Stax

However, 2020 and 2021 have been exempt from these changes, which are paused until April 2022 , giving merchants some respite from the financial stress of the pandemic. Membership-based processors , such as Stax make their money through the annual or monthly fees, rather than taking a cut of your sales. to 2.54% + $0.10 to 2.64% + $0.10

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

Stax

During the 2020s, almost all businesses will have been looking at b2b payments processing solutions to meet changing consumer needs. 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.