Stax

JANUARY 23, 2025

The merchant underwriting process is a critical step that payment processors and financial institutions use to assess the risk associated with onboarding new businesses. Merchant account underwriting is the evaluation process payment processors use to assess whether a business meets the criteria for accepting credit card payments.

Merchant Services 68

Merchant Services Payment Services Payment Methods Development Team Review 68

Stax

FEBRUARY 26, 2024

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?

Payment Methods 88

Payment Methods Payment Services Merchant Services Payment Solutions 88

Stax

MAY 21, 2024

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.

Payment Solutions 88

Payment Solutions Payment Services Payments Software Review 88

Stax

MARCH 15, 2025

In an increasingly competitive B2B market, flexibility, agility, and adaptability are necessities for todays businesses. This also means an increasing demand for easier to manage, more unified one-stop-shop experiences for business ownersand a growing opportunity for SaaS companies to further diversify their offerings.

Payments 88

Payments Merchant Services SaaS Payments Payment Services 88

Stax

MARCH 18, 2025

If your SaaS business is facilitating payment collection from within your platform, this article is worth a read to understand and secure your system. By doubling up on security and working with a payments facilitator like Stax Connect, you can protect your SaaS customers and your business. What Is Payment Tokenization?

Payment Services 88

Payment Services Payment Methods SaaS Payments Merchant Services 88

Stax

AUGUST 16, 2024

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. Here’s what Lily has to say about this trend. “We’ve

Payments 88

Payments Embedded Payments SaaS Payments Payment Solutions 88

Stax

JANUARY 28, 2024

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. The alternative?

Payment Features 88

Payment Features Payment Methods Payment Solutions SaaS Payments 88

Stax

JUNE 4, 2024

Selecting the right payment processing software is crucial for any business aiming to streamline transactions and enhance customer experience. Dive into our comprehensive guide to learn how to choose the best payment processing platform tailored to your business needs, and discover best practices for a smooth migration to your new provider.

Payment Services 88

Payment Services Merchant Services Payment Solutions Payment Methods 88

Stax

DECEMBER 20, 2023

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.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JUNE 25, 2024

By using a charity payment solutions provider offering real-time analytics, users can track donation trends, manage your CRM, and make smarter, data-driven decisions to boost donations and improve the charity’s reputation. For higher-volume businesses, you can save on transaction fees. Contact Stax Connect for more information.

Payment Solutions 88

Payment Solutions Merchant Services Payment Services Payment Methods 88

Stax

DECEMBER 6, 2024

This global reach and expertise position Worldpay to effectively help larger businesses manage their payment processing. Additionally, the Global Payments Report has been a valuable resource in analyzing market trends and consumer choices, further solidifying Worldpay’s position in the industry.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

AUGUST 22, 2024

Businesses must therefore adapt and be able to accept such payments. Two of the most popular payment solution providers for businesses looking to accept digital payments are payment processors and payment facilitators (PayFacs). This makes it much easier and quicker for businesses to start accepting payments.

Merchant Services 88

Merchant Services Payment Services Payfac SaaS Payments 88

Stax

FEBRUARY 28, 2024

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. However, only 10% of them currently employ these models.

Payments 88

Payments SaaS Payments Payment Services Merchant Services 88

Stax

JANUARY 17, 2024

TL;DR A payment facilitator (PayFac) is essentially a SaaS vendor or software provider that enables its users (businesses) to accept online payments from their customers through the platform itself. This makes ACH PayFacs a desirable option for small businesses or start-ups. Let’s get started.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

JULY 25, 2024

Today, a small business is barely complete without a POS system. If you feel left out, the good news is that there’s a POS system out there ideal for your business. Whether you run a brick and mortar retail business or a multi-location restaurant, you can always find an option for every price point. How many stores do you have?

Point of Sale 88

Point of Sale Payment Methods Payment Solutions Payment Services 88

Stax

JULY 9, 2024

More and more, cash-only businesses are falling by the wayside, unable to keep up with consumer demand for convenient electronic payments. While most businesses already use some EFT payment methods, there are several popular options to consider implementing to improve the speed and convenience of payment processing. Easy to use.

Payment Methods 88

Payment Methods Payment Services Merchant Services Payment Solutions 88

Stax

DECEMBER 20, 2023

Offering payment processing services is a move that makes sense for a lot of SaaS companies, particularly if your software helps your customers run their business. Not to mention, payments serve as an additional (and highly lucrative) revenue stream for SaaS companies, so your business will also enjoy a healthier bottom line.

Merchant Services 88

Merchant Services Payment Services SaaS Payments Payments 88

Stax

FEBRUARY 26, 2024

That’s why businesses are constantly seeking innovative ways to streamline operations and enhance customer experiences. We can see this trend in action in the realm of payment processing with the advent of recurring payments, also known as automatic payments. Industry data shows that subscription-based businesses are growing 3.7x

Payment Services 88

Payment Services Payment Features Merchant Services Payment Methods 88

Stax

MARCH 4, 2024

In 2023, the cost of fraud to online businesses was $48 billion globally, according to Mastercard. To stay ahead of fraud means merchants must understand the threats, use trusted and secure providers, and keep up to date on payment security trends. Fraud and chargebacks also cause significant losses for businesses.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Features 88

Stax

APRIL 11, 2024

Adding to the already tough job of managing a small or medium business is the complex task of understanding how payment processing works, including managing the fees, equipment, accounts payable and more. Here’s where a Payment Management System (PMS) can swoop in as your financial hero to understand your business better.

Payment Services 88

Payment Services Payment Solutions Merchant Services Payment Methods 88

Stax

MAY 30, 2024

Since you want customers who come back for repeat business, it’s essential to implement some best practices for your field service operations. Learn More Understand the Target Market Any business that often dispatches its mobile workforce or technicians to its clients is a potential FSM software client.

Payment Solutions 88

Payment Solutions Payment Services Merchant Services SaaS Payments 88

Stax

MARCH 12, 2024

Promptly collecting payments from your customers is essential to run a sustainable business. DSO, or Days Sales Outstanding, is a formula and KPI for small and medium-sized businesses to measure the average number of days it takes to collect payments from customers. x 30 = 68.4

Payment Features 88

Payment Features Payment Methods Payment Services Stax 88

Stax

FEBRUARY 21, 2024

So, of course when it came to revenue-driving activities, Ford knew that success in marketing—and business—wasn’t about how much your marketing spend is, but how efficiently you spend it. One hundred-odd years later, the types of businesses driving the global economy may have changed, but the lesson stays the same: It’s about efficiency.

SaaS Payments 88

SaaS Payments Payments Payment Services Payment Solutions 88

Stax

OCTOBER 3, 2024

Customer relationship management (CRM) systems are not just tools for enterprises; they are equally essential for small businesses. Small business CRM software can give you a competitive edge to boost productivity, sales, and growth. With free options up to feature-rich enterprise plans, CRMs are accessible to all businesses.

Scale 88

Scale Business Social Media compliance 88

Stax

MARCH 14, 2024

During the 2020s, almost all businesses will have been looking at b2b payments processing solutions to meet changing consumer needs. Consumers are increasingly gravitating towards quick and convenient payment methods such as contactless payments and mobile wallets when transacting with businesses. Not sure where to start?

Payment Services 88

Payment Services Merchant Services Payment Methods Payments 88

Stax

AUGUST 29, 2024

The dominance of cashless commerce means only businesses that ensure the seamless processing of in-store and online credit and debit card payments will remain competitive. The question is: how do payment service providers work and how can you choose the right one for your business? Read on to find out.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

JANUARY 31, 2024

So it’s virtually impossible for a business to not accept Visa cards. Industry: The type of business also affects interchange rates. Visa business cards will have different rates than prepaid or debit cards). Many businesses, like gas stations, choose to offer a small discount for cash transactions, for example.

Payment Services 88

Payment Services Merchant Services Payment Methods Accept Credit Card Payments 88

Stax

JANUARY 8, 2024

Several US legislations (like the Patriot Act, anti money laundering laws , or FinCEN regulations) require PayFacs to know the identities of the business owner(s) they plan to facilitate payments for, during the underwriting stage. Even the organizational shake-up that comes with the decision to become a PayFac may disrupt your core business.

Merchant Services 88

Merchant Services Payfac Payment Services SaaS Payments 88

Stax

JANUARY 1, 2024

Business savings accounts are crucial to a sound organizational strategy. While business savings stats are hard to come by, the average U.S. While business savings stats are hard to come by, the average U.S. Moreover, it can bolster a business’s creditworthiness and lay a foundation for future investment opportunities.

Business 88

Business Banking Software Review Technical Review 88

Stax

JUNE 18, 2024

In a subscription business model, customers pay a recurring fee in exchange for a product or service. While this is positive for cash flow, avoiding ‘subscription fatigue’ is vital if businesses expect to turn a profit. This is where a subscription management solution makes building a profitable subscription business infinitely easier.

Payment Features 88

Payment Features Payment Solutions Payment Services Payments 88

Stax

JANUARY 24, 2024

What makes this pricing strategy so appealing to businesses? Dynamic pricing enables businesses to capture the highest possible value for a product or service at any time of day, week, or year. So, how does dynamic pricing work, and what do businesses need to be aware of when implementing it?

Payment Methods 88

Payment Methods Pricing Airlines Payment Solutions 88

Stax

JANUARY 3, 2024

Whether businesses are on the road or staff are simply moving about in-store, mobile point of sale systems (mPOS systems) are becoming an increasingly popular POS option for small businesses. They’re indispensable for businesses of all sizes. mPOS solutions are the superpower for small businesses in 2024.

Point of Sale 88

Point of Sale Payment Methods Payment Solutions Payment Services 88

Stax

FEBRUARY 28, 2024

consumers using cash for purchases , choosing the right payment terminal for your business is more important than ever. Businesses need to streamline the entire payment process by offering customers a payment setup that’s fast and convenient for credit card transactions. With only 17% of U.S. What is a Fully Integrated Terminal?

Payments 88

Payments Payment Methods Merchant Services Payment Services 88

Stax

AUGUST 20, 2024

TL;DR Embedded finance integrates financial services into non-financial business processes, while embedded fintech integrates fintech solutions into the processes of an institution in the finance industry. This infrastructure helps businesses provide financial solutions, such as digital payments, directly on their websites or mobile apps.

Payments 88

Payments Payment Methods Merchant Services Finance 88

Stax

FEBRUARY 15, 2024

The writing on the wall is clear—businesses need to start accepting digital payments and software providers need to start offering payment services one way or another. ISVs create software platforms for various industries, including business management, healthcare, and finance.

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 88

Stax

FEBRUARY 5, 2024

This is how surcharges have become a staple solution, and they’ve helped businesses stay afloat in the sea of overheads. Surcharges are diverse in form and purpose to serve businesses across sectors. Businesses initially collect surcharges to recover additional costs incurred during transactions. Every transaction has a cost.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

MARCH 6, 2024

As the business landscape continues its unstoppable evolution, the necessity for operational efficiency and innovation becomes even more pronounced. Physical and eCommerce product subscription businesses are expected to make up 45% of the market’s value. Consider this: Consumers are already conditioned to the subscription model.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Features 88