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We wanted to give a special shout-out to some of our newest sponsors for SaaStr Annual 2022. Stax is an industry-leading payments technology provider that is revolutionizing the payments processing experience completely. The post Thanks to BEE, ChurnZero, Laika, Quolum, and Stax for Sponsoring SaaStr Annual 2022!
In line with that, we’re thrilled to announce that Stax Connect ISVs can now give merchants the ability to accept PayPal, Venmo, and Pay Later (BNPL). With Stax Connect, ISVs can tap into multiple revenue-sharing opportunities, from transaction fees to value-added services. Talk to sales Why Enable PayPal for Your Merchants?
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?
Stax prides itself on being more than just an invoicing platform. Stax’s software allows businesses to accept virtually any payment method through one API, and gives managers the ability to control the onboarding process of customers from start to finish in less than 20 minutes. .
Stax Connect is an all-in-one payment ecosystem with integrated software solutions to help your SaaS company increase revenue, all through one API. Stax Connect provides a comprehensive, scalable payment infrastructure, empowering you to offer seamless payment services while confidently growing your SaaS business. billion by 2021.
According to the US Federal Reserve in 2022, general-purpose card payments reached $153.3 This is where Stax comes in. billion transactions and $9.76 trillion in value. On top of that, 69% of Americans online in 2023 said they used digital payment methods to make a purchase.
Case Studies and Examples Discover how Stax’s ISV partner program Stax Connect has revolutionized payments for different SaaS businesses. Check out the following use cases to see how the Stax solution has improved business processes and outcomes. To learn how Stax Connect can help, speak to one of our experts today.
Almost $500 billion dollars —that’s how much Americans donated in 2022. At Stax Connect, we work with a subscription-based mode l with a 0% markup on direct-cost interchange. Case Study: Driving Effortless Digital Donations Through Stax Connect Chrimata provides non-profits a seamless way to give and receive contributions digitally.
Thankfully, with mobile payments from Stax , you can quickly accept and process payments from your customers. Learn all about mobile payments and why you may want to consider joining the Stax family to streamline payments and boost your small business’ productivity. According to Statista, in 2022, there were 2.8
In 2022, there were 1802 instances of data compromise in America which affected 422 million people. The good news is that with a solution like Stax Connect, this need not be difficult or complicated. The good news is that with a solution like Stax Connect, this need not be difficult or complicated.
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. In 2022, 31% of all payments were made using credit cards. Stax is 100% PCI compliant, which makes it the perfect solution for all your payment processing needs.
of the global population using this method of payment in 2022. Stax delivers an all-in-one payments platform that is secure, stable and customizable—and did we mention affordable? At Stax, we help businesses keep up with all things payment security. billion digital wallet users, or 42.6%
According to a report published in 2023 by the subscription management platform Zuora , the subscription economy grew by 12% in 2022 compared to 10.6% Moreover, the same report shows that over a period of 11 years (ending in 2022), subscription businesses grew 3.7 by S&P 500 companies. Contact us today to learn more.
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
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. Make this year’s Small Business Saturday effortless with Stax. Less stress, more efficiency.
It encourages your buyers to opt for cash or check instead of cards, and given that businesses spent $160 billion on credit card processing fees in 2022 , cash discounting can help you save lots of money by passing along the costs to customers or avoiding it entirely.
Did you know that credit cards accounted for 31% of all payments in 2022? Founder of CardX by Stax, Jonathan Razi , highlights some important points about true cash discount programs and why many of them are non cashcompliant. Contact CardX by Stax today to speak to one of our experts or see a demo. Let’s take a look.
In 2022, industry data shows that credit card companies earned a whopping $126.4 If you want to start implementing surcharging to save on processing costs, but don’t know how to ensure 100% compliance, let our team at CardX by Stax be your experts so you don’t have to be. Contact us to get started with CardX by Stax today.
trillion in the US in 2022, accepting card payments is no longer a question of whether to, but how to. Stax is one card payment processor that uses this pricing model. If you’ve decided to implement surcharging, partner with a reliable surcharging partner, like CardX by Stax. Or paid for your groceries using hard cash?
According to the Pew Research Institute , in 2022, a whopping 41% of Americans said they don’t use cash at all for any of their weekly purchases—a significant jump from 29% in 2018. The world is increasingly moving towards becoming cashless and there are numbers to prove it. Contact us today for a consultation and learn how we can help.
According to Capital One, global credit card transactions in 2022 reached an estimated 678 billion —an average of 1.86 Others such as Stax Pay use interchange pricing with a monthly subscription fee for merchant services, making it easy to understand credit card processing costs. This is where CardX by Stax comes in.
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. CardX, which was acquired by Stax in 2021, has an automated surcharging platform. This figure used to be 24% in 2015 which makes it evidently clear that card usage is on the rise.
billion in 2022 and estimated it to reach $510.30 According to a 2023 study by Forrester , 69% of online adults in the US said they’d used electronic payments at least once in the past three months. Brainy Insights valued the digital payments market at $102.60 billion in 2032.
According to Fed Small Business in 2022, 40% of small businesses applied for traditional methods of financing. You’ll also have to provide an asset to work as a loan collateral. These requirements make it hard for small businesses to secure a conventional loan. In contrast, only 53% of those applications were fully approved.
Swipe fees have doubled in a decade and increased by 20% since 2022. Explore CardX by Stax for a smart surcharging solution today. Is your business experiencing an increase in complaints from customers about hidden fees or unexpected charges? No surprise there. Credit card surcharging offered relief to U.S.
As anISV, Stax works with a number of software partners to give sub-merchants total control over how they operate their businesses. That means with the Stax API, your corporation can integrate Stax payment processing for ISV and data into an existing application or system. Whats the value of an API?
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