Stax

APRIL 30, 2024

Creating a merchant account allows you to receive credit and debit card payments, which are crucial for businesses today. In addition, they also ensure the privacy of business data and compliance with laws and regulations. Types of Merchant Processing Solutions Most businesses accept multiple payment methods.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 88

Stax

AUGUST 22, 2024

TL;DR Payment facilitators remove the need for businesses to open merchant accounts of their own to accept payments. PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. On the other hand, this exposes PayFacs to greater potential risks.

Merchant Services 88

Merchant Services Payment Services Payfac SaaS Payments 88

Stax

FEBRUARY 26, 2024

TL;DR Recurring payments refer to a financial arrangement where a customer authorizes a business to charge their account at regular intervals for products or services. There are a few types of recurring payments to be aware of, which one your business uses will depend on the business model and need for recurring or automatic payments.

Payment Services 88

Payment Services Payment Features Merchant Services Payment Methods 88

Stax

JANUARY 17, 2024

This makes ACH PayFacs a desirable option for small businesses or start-ups. 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. Put simply, choose your PayFac with your business needs in mind.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

FEBRUARY 19, 2024

While their target audience and the breadth of their solutions are the key differences, vertical and horizontal SaaS also share many similarities, in particular cloud-based hosting and subscription business models. With Stax Connect, you can quickly fuel the growth of your platform and enable payments for your users.

SaaS Payments 88

SaaS Payments Payment Services Payments Payment Solutions 88

Stax

APRIL 17, 2024

To access these functionalities, most companies work with an independent software vendor (ISV) partner, which essentially is a software company or app that works with another ISV company to drive their digital transformation and revenue sales, improve scalability, and enhance business processes.

Payments 68

Payments Merchant Services Payment Methods Payment Services 68

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. For best practices, integrate it with your other systems, offer flexible plans for optimized cash flow, and ensure data security compliance to industry standards. Real-time insights.

Payments 88

Payments SaaS Payments Payment Services Merchant Services 88

Stax

JULY 9, 2024

Additionally, automated record-keeping and electronic transaction histories simplify auditing and financial reporting, making it easier for businesses to maintain compliance with regulatory requirements. Businesses must adhere to these regulations to avoid penalties and ensure they are protecting sensitive financial data.

Payment Methods 88

Payment Methods Payment Services Merchant Services Payment Solutions 88

Stax

AUGUST 29, 2024

Compliance and security Your PSP is responsible for ensuring that sensitive customer financial data is securely encrypted and stored according to the standards and regulations of the industry, such as PCI DSS (Payment Card Industry Data Security Standard). Some PSPs even impose limits on transaction volume.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

FEBRUARY 15, 2024

There are two main ways that an ISV can become a payment provider—by adopting the ISO model or the PayFac model. In the ISO model, an ISV partners with a third party that handles merchant account setup, payment processing, risk, and compliance.

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 88

Stax

JUNE 18, 2024

Subscription models offer companies large and small the opportunity to build predictable revenue and high customer lifetime value. In a subscription business model, customers pay a recurring fee in exchange for a product or service.

Payment Features 88

Payment Features Payment Solutions Payment Services Payments 88

Stax

AUGUST 20, 2024

Some challenges and considerations of embedded finance and fintech involve regulatory and compliance issues, data privacy and security, and stiff competition. Request Quote Understanding Embedded Finance Embedded finance is the seamless integration of financial services and digital banking into conventionally non-financial business services.

Payments 88

Payments Payment Methods Merchant Services Finance 88

Stax

APRIL 18, 2024

Choosing the payment processor and other items in your credit card processing tech stack will depend entirely upon your business model. The predictability of your bank account fees makes membership/subscription pricing models ideal for small businesses looking to set up credit card processing. to 2.54% + $0.10

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

MARCH 6, 2024

Recurring billing is a subscription payment model that automatically charges customers at regular intervals for access to a product or service. This business model is used for subscriptions, memberships, retainers, and other solutions offered on a recurring basis. Learn More What is Recurring Billing?

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Features 88

Stax

FEBRUARY 19, 2025

Through strategic ISV partnerships, businesses can enhance their service offerings, streamline operations, and open new revenue streams. As anISV, Stax works with a number of software partners to give sub-merchants total control over how they operate their businesses. How does an ISV integration work? Whats the value of an API?

Payments 88

Payments Merchant Services Payment Services Payment Solutions 88

Stax

JANUARY 21, 2025

TL;DR Choose a payment gateway compatible with your business model, whether for eCommerce, subscriptions, or omnichannel sales. Ensure the gateway offers PCI DSS compliance, encryption, tokenization, and fraud prevention tools to safeguard transactions. Thats why choosing the right payment gateway is a vital business decision.

Payment Methods 88

Payment Methods Payment Services Merchant Services Payment Solutions 88

Stax

MARCH 5, 2025

To choose the right solution, you need to look at various factors when evaluating potential providers, including supported payment types, transaction fees and pricing structures, payout speed, and PCI DSS compliance. How Can Internet Card Payment Processing Help My Business? Evaluate your current business model.

Payment Services 88

Payment Services Payment Methods Merchant Services Payments 88

Stax

OCTOBER 14, 2024

Consider the average transaction size and volume your business handles, as some processors are better suited for larger transactions, while others are ideal for high-frequency, low-amount payments. Does your business model include recurring billing? Read the complete guide on these pricing models here.)

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88

Stax

NOVEMBER 21, 2024

To set up credit card payment processing for your business, you need to apply for a merchant account, and upon approval, get a payment gateway (online payments) and payment terminals (card readers, virtual terminals) to start accepting card payments. Stax, Payment Depot, and CardX are three of the very best providers in the industry.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

MARCH 11, 2025

Direct debit A direct debit is a payment method where your customer authorizes your business to withdraw a specific amount from their bank account at pre-determined intervals over a period. It’s a recurring form of payment perfect for businesses using a subscription business model.

Payment Methods 88

Payment Methods Payment Services Merchant Services SaaS Payments 88