Remove Benchmarks Remove Payment Methods Remove Stax
article thumbnail

Ultimate Guide to Surcharges: What is a Surcharge and How Does It Work

Stax

That’s why understanding surcharging—including its definitions, types, calculating methods, and best practices—can help you incorporate surcharging into your operations. Several types include credit card, fuel, service, payment processing, peak-time, environmental, regulatory, and minimum usage surcharges. Payment processing surcharge.

article thumbnail

Days Sales Outstanding Formula: What is DSO and How Do You Calculate It?

Stax

But in reality, companies often have to spend considerable time and resources chasing down late payments that are stuck in Accounts Receivable. Promptly collecting payments from your customers is essential to run a sustainable business. In fact, 81% of large retailers say that real-time payments are critical to their operations.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Credit Card Chargeback Process Explained: What Merchants Need to Know

Stax

This can be done both for credit card transactions made on an eCommerce website or at a physical store. This has been aided by the rise of online banking, which has made the chargeback process as easy as a few clicks. Keep track of industry benchmarks and aim to stay within acceptable limits.

article thumbnail

What is the SaaS Magic Number and How Do You Calculate It?

Stax

It’s not just a measure of total return on investment (ROI) or a simple method of monitoring of cash flow, but serves as a sales efficiency metric. One thing to consider is integrated payments. Integrated payments also improves user retention in SaaS. Level up your SaaS platform by enabling payments for your users.