Stax

MARCH 13, 2025

Credit and debit cards have become the preferred payment methods for many, and it isn’t hard to see why. This small rectangular piece of plastic enables customers to ditch bulky wads of cash, making payments easier and safer. However, this convenience comes at a cost, mainly for businesses. But there’s more to it.

Payment Services 88

Payment Services Merchant Services Payment Methods Payments 88

Stax

AUGUST 20, 2024

Everything is done under one platform. And it’s all thanks to embedded finance and embedded fintech. Embedded finance isn’t entirely a new concept. Airline credit cards, payment plans for costly items, and car rental insurance are forms of embedded finance that have been around for a while.

Payments 88

Payments Payment Methods Merchant Services Finance 88

Stax

AUGUST 26, 2024

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?

Payment Services 88

Payment Services Merchant Services Stax Payment Solutions 88

Stax

JUNE 18, 2024

Aside from providing excellent SaaS solutions to their users, Shopify, Mindbody, and Etsy are just a few examples of companies that have used payment processing to fuel (at least some of) their growth. billion from its merchant services in 2023. Monthly recurring revenue was $141 million.

Payments 68

Payments SaaS Payments Merchant Services Payment Solutions 68

Stax

MARCH 21, 2024

billion in 2023 and is projected to cross $250 billion this year. SaaS business applications are web-based, which means that they are hosted on cloud infrastructure. In this article, we’ll explore the many benefits of SaaS and how to implement SaaS payments. As such, the advantages of SaaS offerings can’t be easily overlooked.

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SaaS Payments Payment Services Payments Payment Methods 88

Stax

SEPTEMBER 17, 2024

A payment gateway is a must-have for online stores. In fact, research from 2023 shows that 69% of Americans said they’ve used a digital payment method in the past 3 months when making a purchase. And the best way for online businesses to start accepting payments is with a payment gateway.

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88

Stax

JANUARY 17, 2024

Automated Clearing House (ACH) payments are a type of electronic bank-to-bank payment system in the US. 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). Let’s get started.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

NOVEMBER 6, 2023

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.

Merchant Services 88

Merchant Services Payment Methods Mobile Payments Payment Services 88

Stax

JANUARY 22, 2024

That’s the value of eCommerce transactions that took place in 2023 in the U.S. In a world where we’re spending more and more time online and every click is a potential transaction, it’s no surprise the eCommerce and digital payments sectors are experiencing exponential growth. alone, according to a report from Insider Intelligence.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

FEBRUARY 15, 2024

FIS Global reports that in Norway, Sweden, and other Scandinavian countries, more than 90% of transactions processed at point-of-sale (POS) in 2023 were cashless. The writing on the wall is clear—businesses need to start accepting digital payments and software providers need to start offering payment services one way or another.

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 88

Stax

AUGUST 29, 2024

The dominance of cashless commerce means only businesses that ensure the seamless processing of in-store and online credit and debit card payments will remain competitive. The question is: how do payment service providers work and how can you choose the right one for your business?

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

MARCH 4, 2024

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.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Features 88

Stax

APRIL 30, 2024

Whether you run a small online store or a major brand, accepting electronic payments is a must for all businesses. According to Onbe, 73% of consumers prefer using digital payments like cards and payment apps. But to seamlessly receive these payments as a merchant, you’ll need merchant processing services.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 88

Stax

NOVEMBER 20, 2023

TL;DR Founded by American Express in 2010, Small Business Saturday encourages consumers to shop at local small businesses. Participating in Small Business Saturday can help SMBs boost revenue, foster customer loyalty, and strengthen the local economy. Increased revenue Small Business Saturday drove an estimated $17.9

Payment Methods 88

Payment Methods Merchant Services Payment Services Stax 88

Stax

DECEMBER 6, 2024

Worldpay stands as a leading global payments company, offering a comprehensive suite of payment processing solutions to merchants and financial institutions across the globe. With a robust presence in over 146 countries, Worldpay is equipped with a team of seasoned experts who bring extensive experience in the payments industry.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

MAY 30, 2024

TL;DR Understanding your target market is the first step to growing your FSM software business FSM software providers need to invest in product development and innovation to stay up-to-date with industry trends, forecast market needs, and respond with innovative solutions. Engage with the 5.17 Don’t forget to leverage testimonials.

Payment Solutions 88

Payment Solutions Payment Services Merchant Services SaaS Payments 88

Stax

JULY 18, 2024

What if the retailer allows you to make a small down payment and pay the rest in equal installments over time? billion in the 2023 holiday season—a 14% increase YoY. Pay in 4 enables shoppers to pay in four equal, interest-free payments while Pay Monthly allows customers to make 6, 12, or 24 monthly payments.

PayPal 88

PayPal Payment Methods Merchant Services Payment Services 88

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. 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.

Payment Features 88

Payment Features Payment Methods Payment Solutions SaaS Payments 88

Stax

AUGUST 1, 2024

Did you know that the delinquency rate for small businesses has reached a record high owing to inflation and declining revenues? One way to do that—though often overlooked—is to optimize their payment processing to reduce fees associated with credit card purchases. are the most important ones to be mindful of.

Merchant Services 88

Merchant Services Payment Services Payment Methods Stax 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

JULY 25, 2024

Thanks to the rise of SaaS platforms, that’s no longer the case. Today, a small business is barely complete without a POS system. If you feel left out, the good news is that there’s a POS system out there ideal for your business. Years ago, point-of-sale (POS) systems were reserved for large enterprises with big budgets.

Point of Sale 88

Point of Sale Payment Methods Payment Solutions Payment Services 88

Stax

NOVEMBER 15, 2023

They significantly impact the cost of accepting card payments. Understanding interchange fees enables merchants to effectively manage processing costs, negotiate better rates, make informed decisions about card acceptance, and ensure compliance with payment industry standards. The short answer is no.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JANUARY 31, 2024

If your company accepts credit card payments ( which it should ), chances are, you’re going to be affected by Visa’s interchange rates. Visa is one of the biggest payment networks in the world, with ~4.2B So it’s virtually impossible for a business to not accept Visa cards. The first occurred in October 2023.

Payment Services 88

Payment Services Merchant Services Payment Methods Accept Credit Card Payments 88

Stax

JANUARY 24, 2024

However, it’s worth noting that Intuit has been steadily discontinuing versions of Desktop as far back as 2018 (QuickBooks Desktop 2020 was discontinued on May 31st, 2023). Moreover, the current set-up requires Intuit to maintain development teams and operational support for two separate software platforms (desktop and online).

Payment Solutions 88

Payment Solutions Payment Features Payment Services Payment Methods 88

Stax

JANUARY 24, 2024

Benefits of Dynamic Pricing For businesses: Increased revenue, better inventory management Being able to adjust prices based on market conditions enables businesses to maximize revenue. In Q3 of 2023, Amazon’s profits nearly tripled, mostly as a result of price-conscious customers using the platform to find good deals.

Payment Methods 88

Payment Methods Pricing Airlines Payment Solutions 88

Stax

JUNE 11, 2024

Cashless payments offer customers the convenience of quick transactions without needing physical currency. In 2023, cash accounted for 12% of POS system transactions and only 1% of all eCommerce transactions in the US. However, card purchases bring in extra costs for business owners (e.g., that cut into profit margins.

Merchant Services 68

Merchant Services Payment Methods Payment Services Payment Solutions 68

Stax

DECEMBER 13, 2023

Did you know that in 2021, merchants ended up paying a whopping $105 billion in credit card processing fees? Even though they’re one of the most popular payment options today, accepting credit cards at your business can turn out to be a significant expense. In exchange, businesses pay a host of different fees (e.g.

Merchant Services 88

Merchant Services Payment Methods Payment Services Accept Credit Card Payments 88

Stax

DECEMBER 9, 2024

Initiating a Credit Card Purchase When a consumer wishes to make a credit card payment, they present their credit card to the merchant. The merchant processes the payment using a card terminal or an online payment gateway. These accounts are typically provided by acquiring banks or third-party payment processors.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

OCTOBER 21, 2024

Accepting credit card payments at your business is a surefire way of increasing customer satisfaction and retention. Over 80% of American adults owned at least one credit card in 2023. Credit card processing fees can add up quickly and affect your business’s bottom line. Don’t believe it?

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 88