Stax

AUGUST 16, 2024

From $412 billion in 2021 to $591 billion in 2023, the industry has expanded by more than 140%. We caught up with payment experts from Forrester and Stax to help you navigate these evolving times and achieve success with embedded payments. Fred Nelson, VP of Sales Enablement at Stax provides a succinct definition of embedded payments.

Payments 88

Payments Embedded Payments SaaS Payments Payment Solutions 88

Stax

DECEMBER 6, 2024

The FIS and Worldpay Separation in 2024 Despite the high expectations following the merger, FIS announced in 2023 that it would be spinning off Worldpay into a separate company. Stax and Worldpay: A Powerful Partnership Stax is one of the largest Independent Sales Organizations (ISOs) partnered with Worldpay.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 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. Stax can save you from that headache with less room for error.

Merchant Services 88

Merchant Services Payment Methods Mobile Payments Payment Services 88

Stax

JUNE 18, 2024

billion from its merchant services in 2023. Finance reports : [emphasis added]: “In the 2023 third quarter, Shopify’s subscription solutions revenue was $486 million, or 29% of the total $1.7 A provider like Stax Connect makes it easy to generate payment reports so you can confidently make data-driven decisions.

Payments 68

Payments Merchant Services SaaS Payments Payment Solutions 68

Stax

AUGUST 1, 2024

All this can be challenging, so it’s best to partner with a surcharging expert like CardX by Stax. Starting April 15, 2023, merchants only have to notify their acquirer 30 days before they start surcharging. That’s why it helps to work with companies like CardX by Stax that can help you comply with all regulations.

Merchant Services 88

Merchant Services Payment Services Payment Methods Stax 88

Stax

APRIL 30, 2024

Stax Stax is a payments processing service that caters to all types of businesses, large or small. Unlike other card processing companies, Stax doesn’t add any extra fees to the interchange. Whether you need an on-the-go payment solution or a contactless one, Stax can meet your requirements. billion in revenue.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 88

Stax

SEPTEMBER 17, 2024

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. Popular payment gateways include Authorize.net, Stax, Stripe, Adyen, and Square. A payment gateway is a must-have for online stores. What Is a Payment Gateway Account?

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88

Stax

JANUARY 17, 2024

In Q3 of 2023, the total volume of payouts on ACH networks reached 7.8 The great thing about an ACH PayFac solution like Stax Connect is that SaaS companies or ISVs can embed ACH payments in their software easily and own (also, white label) the payment experience. An example of a payment facilitator is Stax Connect.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

JULY 18, 2024

billion in the 2023 holiday season—a 14% increase YoY. Merchants using Stax for their payment processing needs can easily add PayPal buttons on their sites, allowing them to accept Pay Later payment options. Stax allows you to benefit from our PayPal integration , so you can make Pal Later easily available to your customers.

PayPal 88

PayPal Payment Methods Merchant Services Payment Services 88

Stax

MARCH 21, 2024

billion in 2023 and is projected to cross $250 billion this year. This is where Stax Connect came in. And what delighted them was Stax’s extended support that went above and beyond the usual scope. In their own words, “Stax took ownership and played middleman to a contractor and us.

SaaS Payments 88

SaaS Payments Payment Services Payments Payment Methods 88

Stax

JANUARY 31, 2024

The Visa interchange fee increases occurring in both October 2023 and April 2024 are expected to cost an additional $502M in yearly fees for all relevant merchants. The first occurred in October 2023. Talk to Stax today to find out how much we can help you save on payment processing fees. The second occurs in April 2024.

Payment Services 88

Payment Services Merchant Services Payment Methods Accept Credit Card Payments 88

Stax

MARCH 4, 2024

In 2023, the cost of fraud to online businesses was $48 billion globally, according to Mastercard. 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. Let’s talk about the “F” word—fraud.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Features 88

Stax

DECEMBER 6, 2023

Service providers such as CardX by Stax help companies offset some of these fees in a compliant and seamless way. As of November 2023, credit card surcharging in all US states and territories except Connecticut, Massachusetts, and Puerto Rico. What is a Credit Card Surcharge Fee? By adding a surcharge, merchants can recoup these costs.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

JANUARY 22, 2024

That’s the value of eCommerce transactions that took place in 2023 in the U.S. An example of a Payment Facilitator is Stax Connect. Stax Connect offers a platform for software companies and SaaS providers to integrate payment processing capabilities into their offerings. alone, according to a report from Insider Intelligence.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

NOVEMBER 15, 2023

Alternative Solutions: Introducing CardX by Stax CardX by Stax takes a distinct approach in the world of payment processing by opting to pass on the credit card processing fee directly to the customers (known as surcharging) instead of attempting to decrease or absorb it. As of 2023, the average interchange rate is 0.3%

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

APRIL 2, 2024

And with merchants expected to pay as much as $502 million extra after price hikes in 2023 and 2024, these fees are shooting up faster than the transaction amounts spent on purchases. Contact us to get started with CardX by Stax today. At upwards of 3.15% plus ten cents in interchange fees, these extra fees cost a pretty penny.

Merchant Services 88

Merchant Services Payment Methods Payment Services Accept Credit Card Payments 88

Stax

JANUARY 28, 2024

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. by S&P 500 companies. Contact us today to learn more.

Payment Features 88

Payment Features Payment Methods Payment Solutions SaaS Payments 88

Stax

AUGUST 29, 2024

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.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 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. Salesforce’s CRM is ubiquitous and as of 2023, it has a 23.8% Further, Statista projects that the value of global digital transactions will exceed $11 trillion in 2024.

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 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). QuickBooks Desktop 2021 users can consider upgrading to a newer version of QuickBooks Desktop, like QuickBooks Desktop 2023 or 2024.

Payment Solutions 88

Payment Solutions Payment Features Payment Services Payment Methods 88

Stax

MAY 30, 2024

Stax Connect ticks all of these boxes. According to Zendesk CX Trends Report 2023 , 72% of customers want immediate service and 64% of them will spend more if you resolve their issues where they are. It’s a smart solution that helps software providers integrated payments, enabling sub-merchants to take payments easily.

Payment Solutions 88

Payment Solutions Payment Services Merchant Services SaaS Payments 88

Stax

JANUARY 24, 2024

In Q3 of 2023, Amazon’s profits nearly tripled, mostly as a result of price-conscious customers using the platform to find good deals. This is where Stax comes in. With Stax, you can use any payment type and integrate essential tools to grow your business. million price changes every day.

Payment Methods 88

Payment Methods Pricing Airlines Payment Solutions 88

Stax

AUGUST 20, 2024

billion in 2023 and is expected to grow at a CAGR of 32.8% Their platform seamlessly integrates with the Stax Connect API to help its customers accept ACH , eChecks, and card payments. According to Grand View Research , the embedded finance market was valued at USD 83.32 from 2024 to 2030.

Payments 88

Payments Payment Methods Merchant Services Finance 88

Stax

SEPTEMBER 24, 2024

In 2023, card brands in the U.S. If yours can’t, consider CardX by Stax. According to YouGov Profiles , 67% of Americans still use traditional payment options for in-store purchases. In addition, contactless and digital payment options, such as debit and credit cards, only increase the financial burden for businesses like yours.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JUNE 11, 2024

In 2023, cash accounted for 12% of POS system transactions and only 1% of all eCommerce transactions in the US. If you decide that surcharging might be the better option, choose a payment solution provider like CardX by Stax that can help you implement it easily while ensuring compliance with all applicable laws and rules.

Merchant Services 68

Merchant Services Payment Methods Payment Services Payment Solutions 68

Stax

JULY 25, 2024

For example, you can integrate your POS system with a payment processor like Stax Payments and enjoy fair payment processing rates, third-party app integration, and comprehensive reporting. According to the IBM data breach report , the average cost of a data breach in 2023 was USD 4.45 And they can be expensive to the business.

Point of Sale 88

Point of Sale Payment Methods Payment Solutions Payment Services 88

Stax

JUNE 27, 2024

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. As a business owner, you engage in many daily transactions, from receiving customer payments to paying your bills and suppliers. Brainy Insights valued the digital payments market at $102.60

Payment Methods 88

Payment Methods Payment Services Merchant Services SaaS Payments 88

Stax

DECEMBER 13, 2023

As of 2023 , the states and territories that prohibit or limit surcharging are Connecticut, Massachusetts, and Puerto Rico. Fortunately, in states where surcharging is legal, you can recoup these processing costs by transferring them to the cardholder. Surcharging rules Surcharge laws and guidelines can vary from state to state.

Merchant Services 88

Merchant Services Payment Methods Payment Services Accept Credit Card Payments 88

Stax

JUNE 1, 2024

In June 2023, Squarespace announced its intent to purchase domain registrations and accounts from Google, meaning existing domains purchased from Google Domains will be migrated to and managed by Squarespace. As well as being easy to use, Google Domains has the added advantage of not increasing prices upon renewal.

Business 88

Business Pricing Customer Support Web Development 88

Stax

OCTOBER 1, 2024

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.

Stax 197

Stax Merchant Services Payments Payment Services 197

Stax

AUGUST 14, 2024

Experienced payments and sales executive joins Stax leadership team to drive accelerated growth for Stax Connect and embedded payments. Stax Payments , Inc., As head of ISV Business Development at Stax, Krahl will drive market penetration into key Stax industries such as field services, healthcare, and professional services.

Payments 88

Payments Stax Payment Solutions Payment Services 88

Stax

AUGUST 19, 2024

“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. Stax helps drive incremental revenue through frictionless, secure, and reliable payment processing and recurring billing solutions.

Merchant Services 88

Merchant Services Stax Payments Payment Services 88

Stax

DECEMBER 2, 2024

In 2023, the FTC under Chair Lina Khan drafted a rule that would ban junk fees , but whether the FTC moves forward with this rule after the November 2024 presidential election is in question. Jonathan Razi is the founder of CardX and an advisor to Stax Payments. The Minnesota law will go into effect on January 1, 2025. Supreme Court.

Merchant Services 68

Merchant Services Stax Payment Methods Payment Services 68

Stax

DECEMBER 9, 2024

billion in 2023 , an uptick that can be partly explained by the global boost in online sales caused by the COVID-19 pandemic. It’s estimated that 61% of chargebacks issued in North America by 2023 will be due to incidences of friendly fraud. However, they’re fast becoming a much bigger problem for merchants.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

OCTOBER 21, 2024

Over 80% of American adults owned at least one credit card in 2023. You could also opt for membership-based pricing like Stax offers. Accepting credit card payments at your business is a surefire way of increasing customer satisfaction and retention. Don’t believe it? Here are the numbers to prove it.

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 88