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Acquisition of BlockChyp brings new technology and industry expertise to Stax, furthering its evolution as a leading payment processor ORLANDO – October 1, 2024 – Stax , a leading payment technology provider, today announced its acquisition of BlockChyp , further expanding the company’s end-to-end processing capabilities.
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. Learn More Stax offers the lowest cost of accepting credit cards among all merchant account providers. It is also robust enough to scale with your business.
Experienced payments and sales executive joins Stax leadership team to drive accelerated growth for Stax Connect and embedded payments. Stax Payments , Inc., a leading payment technology provider, has appointed Jeremy Krahl as the SVP, ISV Business Development. and Canada.
Stay Payments , a leading payment technology provider, has appointed Valentin Neiconi as Chief Risk Officer. “In an era where technology shapes the future of payments, Stax’s vision to revolutionize embedded payments aligns perfectly with my passion for risk prevention,” said Neiconi. and Canada.
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?
Worldpay stands as a leading global payments company, offering a comprehensive suite of payment processing solutions to merchants and financial institutions across the globe. One of the most notable events in Worldpays history was its 2018 merger with Vantiv, a leading U.S.-based based payment processing company.
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. Your customers are busy and so are you.
Depending on the business type, merchant processing solutions are of two types: Point-of-sale (POS) systems POS systems are a popular payment collection system, with more than 93,300 companies using them in the US alone. StaxStax is a payments processing service that caters to all types of businesses, large or small.
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% Stax Bill is a best-in-class subscription billing platform that scales effectively alongside your operation. It emphasizes customer retention over one-time sales.
Embedded Insurance Embedded insurance allows customers to purchase insurance for products or services at the point of sale. Embedded Lending Embedded lending or Buy Now Pay Later (BNPL) enhances customers’ purchasing power by allowing them to access favorable lending options at the point of sale.
In contrast, dedicated merchant service providers like Stax offer robust and stable merchant accounts. The financial risk from fraudulent activities is real and significant, and a recent study by Juniper Research shows that businesses stand to lose over $343 billion to fraud between 2023 to 2027.
Years ago, point-of-sale (POS) systems were reserved for large enterprises with big budgets. But if you’re new to point-of-sale systems, you might not know what exactly you’re looking for. Your system must help you enter different variables and features so you can track your sales and inventory. What do you struggle with?
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