Remove Accept Credit Card Payments Remove SaaS Remove Stax
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Payment Facilitator vs Payment Gateway: Key Differences and Similarities

Stax

At its core, payment processing involves various players and technologies to facilitate the movement of funds from customers to merchants securely and efficiently. Digital payments only take a few seconds, but they flow through many different layers of partners and technology. An example of a Payment Facilitator is Stax Connect.

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Looking for the Best Payment Gateway? Here’s How to Choose the Right One

Stax

Choose a payment gateway that seamlessly integrates with your eCommerce platform’s cart and supports one-click and mobile payments. If you have a Software as a Service (SaaS) or any other subscription-based business, you need a solution that provides recurring payment support.

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What Is Tiered Pricing in Credit Card Processing?

Stax

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. Also, credit cards contributed to 27% of the spending at point-of-sale (POS) systems worldwide.

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The Ultimate Guide to Online Payment Processing

Stax

For example, Stax Pay charges a fixed monthly membership fee which might not be the best option for very small businesses with low transaction volumes, but could be extraordinarily cost-effective for businesses that process more than $5000 per month. It also lets you accept and process in-person, online, mobile, and recurring payments.