Stax

JANUARY 28, 2024

This business model has now been adapted very well in the internet age, especially in the SaaS (Software-as-a-Service) and eCommerce industries. As more subscribers join, manually sending out invoices will result in a storm of wasted paper, missed payments, and late penalties—none of which are beneficial to your business.

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Payment Features Payment Methods Payment Solutions SaaS Payments 88

Stax

JUNE 20, 2024

Enter ISVs, which play a crucial role in enhancing and extending the capabilities of SaaS solutions. An ISV partner is a software vendor that partners with an ISV and provides additional services or technology. In this article, we’ll explore key aspects software service providers must consider when navigating an ISV partner ecosystem.

SaaS Payments 88

SaaS Payments Payment Services Payments Stax 88

Stax

NOVEMBER 6, 2023

In 2022, there were 1802 instances of data compromise in America which affected 422 million people. In this article, we’ll take a closer look at what data tokenization means, how it works, and the role it plays in payment processing. The good news is that with a solution like Stax Connect, this need not be difficult or complicated.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JANUARY 15, 2024

Swipe fees have doubled in a decade and increased by 20% since 2022. Learn how to achieve payment processing compliance when surcharging to improve your company’s financial stability and reputation. TL;DR Credit card surcharging involves adding a fee to transactions with credit card payments, offsetting processing costs.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JULY 16, 2024

Cash payments are passé. Consumers are increasingly opting for debit and credit cards or other digital payment methods—for in-store and eCommerce purchases alike. A study by the Pew Research Centre found that in 2022, 41% of consumers didn’t use cash for weekly purchases of essentials like groceries and gas.

Payment Services 88

Payment Services Merchant Services Payment Methods compliance 88

Stax

NOVEMBER 8, 2023

A 2022 survey by the Pew Research Centre found that 41% of consumers don’t use cash for weekly purchases like gas, meals, and groceries. This may be concerning for certain types of businesses as they need to spend more to process credit and debit card payments as compared to cash.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

APRIL 18, 2024

With cashless now BEING king, credit and debit cards are the primary method for your customers to make payments. of consumer payments came through card payments. And electronic payments were at 14.2%, closing in on cash at 15.5%. Credit card and debit card payment processing fees apply to them all.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

JUNE 27, 2024

As a business owner, you engage in many daily transactions, from receiving customer payments to paying your bills and suppliers. But cash and checks are rapidly declining as preferred modes of payment. Brainy Insights valued the digital payments market at $102.60 billion in 2022 and estimated it to reach $510.30

Payment Methods 88

Payment Methods Payment Services Merchant Services SaaS Payments 88

Stax

JUNE 13, 2024

Learn More Understanding Cash Discounts A cash discount program is a system that offers a discount on the listed price of a product to all customers who pay with cash, while customers making purchases with a credit card will pay the full listed price, which includes the service fee (per transaction fee). Let’s dive in.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Solutions 88

Stax

MAY 7, 2024

Cashless transactions have dethroned the age-old cash payments. trillion in the US in 2022, accepting card payments is no longer a question of whether to, but how to. To complete payment processing, credit card companies have to charge processing fees. When was the last time you withdrew cash from an ATM?

Merchant Services 88

Merchant Services Payment Services Payment Methods Accept Credit Card Payments 88

Stax

JANUARY 10, 2024

According to Capital One, global credit card transactions in 2022 reached an estimated 678 billion —an average of 1.86 Credit card fees, including interchange, assessment, and payment processor fees, impact businesses on a per-transaction or recurring basis. billion every single day. Usually, interchange fees will range between 0.3-2%

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Facilitation 88

Stax

JULY 5, 2024

Did you know that credit cards accounted for 31% of all payments in 2022? Credit cards are ubiquitous, and no business (regardless of its size) can afford to ignore credit card payment processing in the current landscape. That’s an all-time high since 2016, and the figure was even greater for higher-income households.

Merchant Services 68

Merchant Services Payment Methods Point of Sale Stax 68

Stax

NOVEMBER 20, 2023

billion in US consumer-reported spending in 2022. Small Business Saturday Simplified with Stax Small Business Saturday celebrates entrepreneurship and community spirit while providing local businesses a platform for growth. Now, you didn’t boost your SBS sales only to grapple with uncollected payments.

Payment Methods 88

Payment Methods Merchant Services Payment Services Stax 88