This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
ChurnZero is Customer Success software for growing SaaS and subscription businesses. SaaS is now 10% of the total Enterprise IT spend, but the back-office software remains an ugly beast comprising of spreadsheets and emails. The post Thanks to BEE, ChurnZero, Laika, Quolum, and Stax for Sponsoring SaaStr Annual 2022!
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.
Small businesses in America and worldwide have to choose from a wide variety of accounting software solutions, and this range of choices can be overwhelming. Research shows that 64% of small businesses use accounting software and the market for accounting software solutions is projected to be worth $4.3billion by 2023.
The average churn rate for the software industry as a whole is 14%. As a SaaS business leader, reducing software user churn is an important part of maintaining your customer base and increasing revenue. TL;DR The average software industry churn rate is 14%, but SaaS companies should aim for under 2%. Contact sales 2.
Experienced payments and sales executive joins Stax leadership team to drive accelerated growth for Stax Connect and embedded payments. Stax Payments , Inc., a leading payment technology provider, has appointed Jeremy Krahl as the SVP, ISV Business Development. and Canada. For more information, visit staxpayments.com.
In today’s fast-paced business landscape, efficient and seamless payment processing is paramount to your bottom line. However, staying focused on the big picture can be challenging if your business is bogged down by repetitive payments and intricate billing procedures—both common hurdles for a billing system with inadequate functionality.
It’s no question that the world has been digitally transformed — both in business and in life. While businesses shouldn’t rush to implement all the various types of payments, they should be accepting at least a few already. Digital payments provide unparalleled convenience for both businesses and consumers.
Although your business has received payment, this cannot be credited to your bottom line until delivery of the product is completed. What accounting rules do subscription businesses need to abide by in order to stay compliant with global standards? This is important for subscription businesses due to recurring advance payments.
“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.
Accepting card payments is a must for small to medium businesses today. There are many processors out there that claim to save you money, and in this post we’ll take a look at two of them: Riverside Payments and Stax. Marketing aside, though, we’re here to see how Riverside really stacks up for small business payment processing.
Stax Payments , a leading payment technology provider, has appointed Mark Sundt as Chief Technology Officer. As CTO, Sundt will accelerate the delivery of new products, features, and functionality that unlock and drive increased value for Stax customers and partners. To learn more about Stax, visit staxpayments.com.
To the incredible Stax community: allow us to take a moment to recognize a milestone that we are extraordinarily proud of—our 10th anniversary. Sprinkled throughout this article are quotes from some of Stax’s long-standing employees, because who better to tell the company’s story than the people who help make it happen?
These days, software is no longer just a toolits the backbone of how modern businesses operate. At the heart of this transformation is a growing ecosystem of Independent Software Vendors (ISVs) building applications that plug into broader platforms and solve specialized problems. What is an ISV (Independent Software Vendor)?
The consistent software updates and upgrades have made it easier than ever to run businesses. We’re seeing a similar trend in the legal industry, where law firms rely on case management systems to run their businesses. This trusty software manages the busy work often assigned to multiple employees.
Like most business owners, your instincts tell you to hop on the bandwagon and launch an online store for your business. From different types of online payment gateways and key features to look for, to tips to help you choose the right payment solution for your business and implement it. This is expected to grow to 22.6%
Selecting the right payment processing software is crucial for any business aiming to streamline transactions and enhance customer experience. Factors to Consider When Choosing Payment Processing Software Below are factors you must consider before choosing a payment processing software platform for your business.
While previously many nonprofits only had the option to use payment processors like PayPal, Stripe, or Square, there’s been a shift towards independent software vendors (ISVs) that offer integrated payments. If in doubt, just start by drawing up a list of what’re must-haves and nice-to-haves for software and the organizations your serve.
That’s why for most businesses, it’s almost impossible to make do without a credit card terminal. Finding the right credit card machine that fits your business model, however, isn’t always an easy task. But if you’re stuck, worry not: in this article, we’ll help you find the best payment terminal for your business.
Electronic health records, or EHR software, are a staple in modern healthcare organizations. 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. But in such a saturated market, selling your EHR software and expanding your user base can be difficult.
Many merchants face the trouble of sifting through numerous credit card machine options, looking for a terminal that fits with their business. There are many different types of payment terminals to choose from, and you need one that’s going to help your business operate the most efficiently.
Field service management software is a system that helps a company monitor and coordinate their employees’ activities off the company’s premises. The software allows managers to view and modify work schedules, orders, inventory, invoices, customer account records, and other records in the database.
Bookkeeping is an essential part of managing your business and it’s something you must oversee in order to remain profitable. Here’s a list of the ten best accounting apps for your business. TL;DR Bookkeeping is essential for business profitability, and finding the right accounting apps can simplify this task.
Data cited by Statista shows that the software as service is expected to hit $299 billion by the end of 2025. Take a traditional business, like a furniture store. An additional revenue stream to include in your SaaS operations model includes payment monetization by implementing a payments ecosystem within your software.
Every business operates differently, but the one thing they all have in common is that every business accepts payments. New payment tools like NFC contactless payments that help your business grow and provide a high-quality customer experience are in high demand. Learn More What Is a Contactless Virtual Terminal?
As a business owner, you just cant afford to ignore these statistics. Youll be locking out a significant customer segment with high purchasing power to propel your business forward. Well also look at key features of a payment processor to help you choose the right one for your business.
When you’re serving customers, you need to be as fast and efficient as possible—no matter how big or small your business is. Your customers are busy and so are you. Thankfully, with mobile payments from Stax , you can quickly accept and process payments from your customers. Learn More What Is Mobile Payment Processing?
Customers can pay with their watch or phone just by tapping it on a card reader, and businesses can host an entire POS system on a mobile phone. A lot has changed in 20 years, and businesses must either adopt a modern and mobile payment infrastructure or risk becoming about as relevant as the cash register in a mall department store.
Research shows that 55% of customers will abandon their cart if they have to re-enter checkout information like credit card details, negatively affecting your business conversion rate. The business owner should receive the funds in 24-48 hours or even more, depending on the set time frame specified in the initial contract with the provider.
An ISV partner is a software vendor that partners with an ISV and provides additional services or technology. In this article, we’ll explore key aspects software service providers must consider when navigating an ISV partner ecosystem. Sometimes a partner may not be fully equipped to support the unique needs of your growing business.
In a subscription business model, customers pay a recurring fee in exchange for a product or service. This could be a subscription box, a SaaS (Software as a Service) product, or even just a streaming platform like Netflix. But managing subscriptions effectively and freeing up time and resources for expansion is no picnic.
While the news may bring breaking headlines about stolen or lost data from large corporations, every business can take the steps necessary to secure sensitive data. When consumers have faith in your business and capabilities to protect their data, they’re more likely to shop with you. So how can your business stay PCI compliant?
Accounts receivable (AR) software is a cornerstone tool in your financial operations in any business. Without a good solution place, your business could face delayed payments, increased errors, and inefficient cash flow management. That’s why choosing the right software is a must.
Whether you’re a startup or an enterprise-level business, efficient payroll software is essential. Yet it isn’t always cost-effective to hire an in-house team to manage payroll, especially for businesses with a small headcount. Factors to consider when choosing a payroll software include headcount, budget, and tax compliance.
Software companies are always on the lookout for new ways to build a better product offerings for their customers. This is especially true now more than ever before as Software-as-a-Service (SaaS) solutions continue to be amongst the fastest-growing segment within the tech world. Enter payment monetization.
This helps SaaS businesses enhance their customer experiences and drive loyalty and profitability. We caught up with payment experts from Forrester and Stax to help you navigate these evolving times and achieve success with embedded payments. However, only 9% have embedded payments in their existing software stack.
Whether you run a small online store or a major brand, accepting electronic payments is a must for all businesses. These are solutions that help you authenticate and accept payments according to your business requirements. In order to receive card-based payments, businesses need to have a merchant account.
This business model has now been adapted very well in the internet age, especially in the SaaS (Software-as-a-Service) and eCommerce industries. The most potent benefit of the subscription-based business model is that companies are guaranteed a fixed revenue stream—if they can retain their customers or subscribers.
Not only are there a number of ways your customers could be using their mobile devices to give payments, but you as a business owner could be leveraging mobile devices to accept them as well. It pays to know exactly how mobile technologies will be impacting your business, or potentially already are.
Just starting out with your small business? By following these simple tips, you’ll be able to secure credit card processing rates that make big businesses jealous. Look for transparency in pricing, no hidden fees, and options that suit your specific business needs. Here are Stax’ Top Credit Card Processing Tips.
Businesses of all sizes feel the brunt of it. But small businesses, in particular, can be crushed by these fees. There are several reasons why you should consider implementing surcharging, especially if you’re a small business owner. Learn More Why Should Merchants Consider Implementing a Surcharging Program?
All this to say that Apple Pay is a big deal, and if you t ake credit card payments in your business, it’s worth learning more about this mode of payment. billion iPhone users and 507 million global Apple Pay users, adopting Apple Pay can significantly benefit your business. Apple Pay is Enabled for Your Business.
From taking care of your inventory to paying attention to merchandising, marketing your business to delivering exceptional customer service, you have your work cut out for you. TL;DR When shopping around for a modern POS system for retail businesses, you should consider a few critical requirements.
A QTC software provides an automated solution that removes human errors from the equation and helps you to manage and monitor the multiple independent actions in the quote-to-cash process. QTC software for accurate pricing Contracting Crafting proposals, negotiating terms, and finalizing contracts after quote acceptance.
Here’s an interesting stat: 70% of businesses consider subscription and membership models indispensable for future commercial growth and expansion. Software-as-a-service (SaaS) businesses need to constantly evolve their offerings to stay fresh and relevant. How do you add payment processing capabilities to your software?
We organize all of the trending information in your field so you don't have to. Join 80,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content