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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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Subscription Billing for Businesses: Everything You Need to Know

Stax

Long before the digital age, newspaper and magazine companies have been using the subscription model to create and retain a consistent readership for their publications. The most potent benefit of the subscription-based business model is that companies are guaranteed a fixed revenue stream—if they can retain their customers or subscribers.

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Payment Security: Everything You Need to Know About Secure Payments

Stax

In 2023, the cost of fraud to online businesses was $48 billion globally, according to Mastercard. To stay ahead of fraud means merchants must understand the threats, use trusted and secure providers, and keep up to date on payment security trends. of the global population using this method of payment in 2022.

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The Benefits of SaaS and Implementing SaaS Payments

Stax

billion in 2023 and is projected to cross $250 billion this year. However, small businesses must carefully choose the right payment gateway, research the solution’s integration capabilities, and ensure it supports automating billing and invoicing including recurring payments. This is where Stax Connect came in.

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Quicken vs QuickBooks: Which is Best for Small Businesses?

Stax

Research shows that 64% of small businesses use accounting software and the market for accounting software solutions is projected to be worth $4.3billion by 2023. It is a subscription-based integrated payment platform that helps you process credit card payments.

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What is a Payment Service Provider (PSP) and How Do They Work?

Stax

The question is: how do payment service providers work and how can you choose the right one for your business? PSPs offer joint merchant accounts and flat-rate processing fees that make them ideal solutions for small businesses that only process payments occasionally. Read on to find out.

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What Is an ACH Payment Facilitator?

Stax

Unlike payments facilitated by card networks like Visa or Mastercard, ACH payments are managed by a body called the National Automated Clearing House Association (NACHA). In Q3 of 2023, the total volume of payouts on ACH networks reached 7.8 This is because of their unmatched ability to sync payments with these platforms.