Stax

JANUARY 8, 2024

Not only must PayFacs safeguard themselves and their clients against potential threats like fraud or cybersecurity breaches but also ensure PCI compliance , customer due diligence, and adherence to card regulations. The potential impact of failed or inadequate internal systems, processes, procedures, etc.

Merchant Services 88

Merchant Services Payfac Payment Services SaaS Payments 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. 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.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 88

Stax

DECEMBER 20, 2023

This is where merchant underwriting comes in—merchant account underwriters check if new merchants meet the guidelines set by the bank and card brands. This is where merchant underwriting comes in—merchant account underwriters check if new merchants meet the guidelines set by the bank and card brands.

Merchant Services 88

Merchant Services Payment Services SaaS Payments Payments 88

Stax

DECEMBER 6, 2024

Evolution of Worldpay: Mergers, Acquisitions, and Branding Changes Originally launched in 1971, Worldpay Inc. The newly merged entity assumed the Worldpay brand while integrating Vantivs operational strengths. operated as a payment processing firm for financial institutions and service providers. based payment processing company.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

JANUARY 5, 2024

Level Up Your Terminal with Stax Card Readers What is a Credit Card Terminal? Integrated payment systems These are terminals that integrate with the POS systems (point-of-sale), combining payment processing capabilities directly into the business’s existing software, acting as an all-in-one system.

Payment Methods 88

Payment Methods Payment Services Merchant Services Payment Solutions 88

Stax

MAY 16, 2024

More than 96% of hospitals use some form of EHR system to maintain records, which is good because it shows clear demand for the software. Integrating the EHR software with payment processing tools like Stax Connect also helps create an all-in-one platform that simplifies workflow management at hospitals and other medical practices.

Payment Solutions 88

Payment Solutions Payments Payment Methods Software Review 88

FastSpring

DECEMBER 7, 2022

In this guide, we present eight alternatives to Chargebee that help relieve some of these burdens for users, starting with an in-depth review of our solution, FastSpring. Increase conversions with branded, localized checkout. This is a good place to start, but there are more ways to reduce churn due to failed payments.

Payment Methods 148

Payment Methods Merchant Services Payment Services Payments 148

Stax

FEBRUARY 28, 2024

In this guide, we’re going to cover what companies need to consider when choosing a SaaS billing platform—and how Stax Connect makes this process simple. This includes subscription management, revenue recognition, dunning management, integrations with other business systems, fraud prevention, and more. Adaptive pricing strategies.

Payments 88

Payments SaaS Payments Payment Services Merchant Services 88

Stax

JANUARY 17, 2024

Automated Clearing House (ACH) payments are a type of electronic bank-to-bank payment system in the US. ACH transactions are one of the fastest-growing modes of electronic payments in the world due to the convenience they offer, low processing costs, and enhanced security.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

JUNE 4, 2024

This decision impacts everything from compatibility with existing systems to security features and customer support. This is important because some providers restrict users to their branded hardware, and if you have your hardware already, making the switch will impose unnecessary costs.

Payment Services 88

Payment Services Merchant Services Payment Solutions Payment Methods 88

Stax

JULY 16, 2024

PCI DSS is constantly updated, so you should check if your security control system complies with the latest standards. The PCI SSC is a group consisting of the five biggest payment card brands—American Express, JCB International, Discover Financial Services, Visa, and Mastercard. They buy, install, and set up software, APIs, etc.

Payment Services 88

Payment Services Merchant Services Payment Methods compliance 88

Stax

NOVEMBER 15, 2023

That said, these fees can vary based on several factors like card brand, transaction location, etc. You will, however, see higher or lower interchange fees depending on a variety of factors, such as the card brand, the location of the transaction (whether it’s in-person at a point-of-sale or online) and more.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JANUARY 28, 2024

The customer subscription model grew in popularity partly due to the convenience that it offers to customers. TL;DR Originally popularized by print media, the subscription model is now widely adopted in the digital age (especially in SaaS and eCommerce), due to its convenience and the stable revenue stream.

Payment Features 88

Payment Features Payment Methods Payment Solutions SaaS Payments 88

Stax

MAY 30, 2024

Field service management software is a system that helps a company monitor and coordinate their employees’ activities off the company’s premises. Due to the differences in applications, understanding your target market is the first step to growing your FSM business. Stax Connect ticks all of these boxes. Engage with the 5.17

Payment Solutions 88

Payment Solutions Payment Services Merchant Services SaaS Payments 88

Stax

FEBRUARY 28, 2024

There are a variety of payment terminal brands on the market, but the place to start is by looking at the payment terminals your payment processing provider supports. Your payment terminal can be fully or semi-integrated with your POS system. It’s possible to have a non-integrated system, but this is becoming increasingly less common.

Payments 88

Payments Payment Methods Merchant Services Payment Services 88

Stax

APRIL 18, 2024

Choosing and setting up your mobile payment processing system should be research-intensive, but is a straightforward process, meaning once you know what you want, you can get set up fairly easily and quickly. Bluetooth, headphone jack), compatibility with your operating system, and security features.

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88

Stax

FEBRUARY 19, 2024

In some cases, providers may offer an account manager who is tasked with offering demos or providing tailored support for company users, which helps to streamline the transition into adopting new systems or workflows. This is due to the smaller market size and longer development time needed to create tailored industry solutions.

SaaS Payments 88

SaaS Payments Payment Services Payments Payment Solutions 88

Stax

JULY 9, 2024

Unless your business is intentionally cash-only, you’ll likely need to accept the major card brands such as Visa and MasterCard to stay in business. However, they come with higher processing fees for merchants and can lead to interest charges and debt accumulation for consumers if the balance is not paid in full by the due date.

Payment Methods 88

Payment Methods Payment Services Merchant Services Payment Solutions 88

Stax

MARCH 14, 2024

Choosing a B2B payment system crucial to addressing common challenges that B2B payment systems face as well as improving client experience. Cross-border B2B payments can be complicated due to currency conversions, regulatory compliance, and varying banking systems. Learn More What are B2B Payments?

Payment Services 88

Payment Services Merchant Services Payment Methods Payments 88

Stax

APRIL 18, 2024

Payment Gateway: A service provider that facilitates communication between the merchant’s POS system and the acquiring bank’s payment processing system. The merchant’s point-of-sale (POS) system sends an authorization request to the acquiring bank (also known as the merchant bank) via a payment gateway.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

MAY 7, 2024

For example, the interchange fees for online transactions may be higher due to the higher risk of credit card fraud. Terminal or equipment fees – Small businesses often lease or purchase payment processing equipment, such as point-of-sale (POS) systems or credit card terminals. These fees can also vary based on transaction type.

Merchant Services 88

Merchant Services Payment Services Payment Methods Accept Credit Card Payments 88

Stax

AUGUST 20, 2024

In embedded banking, non-financial businesses offer their customers a wide range of banking services, such as branded checking accounts for holding funds and making payments. Not doing so can lead to legal issues and could taint your brand reputation. This is because most embedded finance solutions are provided by traditional banks.

Payments 88

Payments Payment Methods Merchant Services Finance 88

Stax

AUGUST 29, 2024

A PSP (Payment Service Provider) can equip your eCommerce and brick-and-mortar business with an all-in-one platform that supports multiple payment systems, including debit & credit cards, eWallets, and bank transfers (ACH). In contrast, dedicated merchant service providers like Stax offer robust and stable merchant accounts.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

JANUARY 10, 2024

The exact rate can vary based on several factors, including the type of card used (debit or credit), the card brand (Visa, MasterCard, etc.), The size of the full interchange fee is determined by the card brand i.e. Visa or Mastercard. This fee is a percentage of the transaction amount, often ranging from about 1.5%

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Facilitation 88

Stax

JANUARY 24, 2024

Dynamic pricing systems refer to pricing models where the price of goods and services fluctuate based on a range of factors. This differs from a fixed price approach, where prices are reviewed and adjusted in regular installments. This is where Stax comes in. Request Quote What is Dynamic Pricing? How does dynamic pricing work?

Payment Methods 88

Payment Methods Pricing Airlines Payment Solutions 88

Stax

MARCH 6, 2024

Choose the right service provider The ideal platform should offer robust functionality that includes flexible billing cycles, support for various payment methods, comprehensive security features, and seamless integration with existing systems. Regularly reviewing and optimizing pricing models keeps the offerings competitive and appealing.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Features 88

Stax

JANUARY 15, 2024

Implementing surcharging involves analyzing pricing strategy impact, communicating policies effectively to customers, and reviewing technical considerations, including cybersecurity measures. Have your legal experts review any changes affecting specific operations in each state to avoid non-compliance. Security audits. You’re all set!

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

NOVEMBER 8, 2023

Buying and setting up hardware (POS systems, card readers, or payment terminals) and identifying the right merchant services provider that offers the cheapest credit card processing fees can be quite daunting. Card brands fix flat-rate assessment fees based on the monthly sales volume via credit and debit cards.

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. Cash discounting and surcharging can be offered together but merchants need to understand their legality and ensure compliance with card brand or card network (e.g. This streamlines purchases and reduces the risk of theft.

Merchant Services 68

Merchant Services Payment Methods Payment Services Payment Solutions 68

Stax

AUGUST 20, 2024

Regardless of what you call it, all of these systems are based around the same underlying technology, and they each provide an extra layer of security when processing online payments. It used a system that required customers to enter their card details on a separate website from the one they were trying to make a purchase from.

Payment Methods 88

Payment Methods Merchant Services Payment Services Payment Solutions 88

Stax

APRIL 17, 2024

When it comes to payments,partnering with an ISV like Stax Connect is a great way for companies to go to market with their own payment platform. “We found what we were looking for with Stax,” says Elena Battles, Director of Customer Experience.”

Payments 68

Payments Merchant Services Payment Methods Payment Services 68

Stax

NOVEMBER 21, 2024

Stax, Payment Depot, and CardX are three of the very best providers in the industry. The customer can make the credit payment physically by swipe, dip, or tap, depending on your point-of-sale (POS) system , which will capture the credit card details. The payment could also be made via digital means.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JANUARY 21, 2025

The integration should be straightforward to allow data to flow seamlessly across different systems. Look for a payment gateway with developer-friendly and well-documented APIs, SDKs, and plugins that allow you to add the gateway to your eCommerce website, mobile app, or POS system.

Payment Methods 88

Payment Methods Payment Services Merchant Services Payment Solutions 88

Stax

JANUARY 21, 2025

Setting up your payment page Businesses can create payment links by subscribing to a payment processing company ( like Stax ) that offers this functionality. Depending on your provider, you may have branding capabilities available to customize your page, such as customer memos or branding.

Payment Methods 88

Payment Methods Merchant Services Payment Solutions Payment Services 88

Stax

MARCH 11, 2025

Its a process where the credit card data is replaced by placeholder values on your local system, while the original data is stored externally in a secure data vault. Popular digital wallet brands include Apple Pay, Google Pay, Samsung Wallet, PayPal Digital Wallet, and Venmo.

Payment Methods 88

Payment Methods Payment Services Merchant Services SaaS Payments 88

Stax

DECEMBER 12, 2024

These days, small and medium-sized businesses (SMBs) prefer to opt for industry-specific payment systems and tools over generic solutions. To choose a merchant service provider, compare pricing structures, review contract terms, check system compatibility, and prioritize responsive customer support. POS systems and card readers.

Merchant Services 88

Merchant Services Payment Services Payment Methods SaaS Payments 88

Stax

NOVEMBER 14, 2024

Stax Stripe Square PayPal Banks Contract Required No No No No Yes Early Termination Fees No No No No Yes Card Present Processing Pricing $99/month + 8¢ per transaction + interchange 2.9% + 30¢ per transaction (includes interchange) 2.6% + 10¢ per transaction (includes interchange) 2.7% With Stax, your payment processing statement is simple.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88