Stax

AUGUST 22, 2024

PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. Major risk factors for PayFacs include fraudulent transactions, merchant credit risk, regulatory compliance, and operational risks. Let’s dive deeper into risk management practices for PayFacs.

Merchant Services 88

Merchant Services Payment Services Payfac SaaS Payments 88

Stax

DECEMBER 20, 2023

Stax, for example, charges 0% markups on top of interchange, giving you the lowest percentage per transaction rate. For example, Stax charges a flat monthly membership in exchange for a 0% markup rate, a transaction cost of just a few cents, and no ancillary fees.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Features 88

Stax

SEPTEMBER 17, 2024

Benefits of using a payment gateway include a simplified purchasing experience for customers, increased operational efficiency, and PCI compliance. Popular payment gateways include Authorize.net, Stax, Stripe, Adyen, and Square. Some of them also offer a merchant account (besides the payment gateway). What Is a Payment Gateway Account?

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88

Stax

SEPTEMBER 26, 2024

Non-compliance with these regulations can lead to enforcement actions from federal regulatory agencies. You can communicate this through visible point-of-sale signage at checkout, verbal heads-up from staff, or on-screen alerts for eCommerce. Verbal communication may not be enough for some states. Request a free demo today.

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 88

SaaSOptics

MARCH 10, 2022

Is your company taking advantage of CFO tools like automated invoicing, database management, and automatic tax-compliance updates? As the world’s #1 CRM platform, Salesforce can do everything from providing more insight into customers or sales to improving inter-company communication for better customer service. If not, read on.

Payment Services 87

Payment Services SaaS Payments Payments Payment Solutions 87

Stax

FEBRUARY 28, 2024

If you’re not sure where to start, keep reading to find out the benefits of implementing surcharging, how to ensure legal compliance, and how you can use technology for smooth sailing in the surcharging landscape. If you’re working with a payment processing provider like Stax , they can take care of much of the following.

Merchant Services 88

Merchant Services Payment Services Payment Methods Stax 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. At Stax, not only do we provide the tools you’ll need, but we’re also committed to providing useful information to help you stay informed.

Payment Methods 88

Payment Methods Payment Services Merchant Services Payment Solutions 88

Stax

MARCH 4, 2024

While debit and credit card transactions remain popular, many are now contactless, using near-field communication (NFC). Ultimately, PCI DSS compliance helps prevent fraudulent transactions, mitigates data breaches, cultivates customer trust and protects your business. billion digital wallet users, or 42.6%

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Features 88

Stax

NOVEMBER 11, 2024

Setting up ACH payments is easy with a great merchant account service like Stax. For any business looking to implement ACH transfers as an accepted form of payment, it’s important to communicate how easy it is to set up. They come with low fees so businesses don’t have to overthink what are the best credit cards for them to accept.

Payment Services 88

Payment Services Payment Methods Merchant Services Payments 88

Stax

SEPTEMBER 19, 2024

Stax Bill) Order Management Fulfillment of orders according to agreed terms. Luckily, the emergence of robust billing and invoicing software platforms like Stax Bill have made it easy for sales teams to be more thorough and customer-friendly with their quotes. Risk of errors due to complexity. Billing and invoicing software (e.g.,

Payment Services 88

Payment Services Payment Solutions Payments Payment Features 88

Stax

APRIL 2, 2024

It’s important to carefully communicate the reasoning behind surcharging, to help make sure your customers understand and can empathize with your decision-making process. Compliance: Depending on your state or credit card network, there may be different requirements or regulations that you need to adhere to so that you ensure compliance.

Merchant Services 88

Merchant Services Payment Methods Payment Services Accept Credit Card Payments 88

Stax

MARCH 21, 2024

SaaS services are also used in customer relationship management (CRM), human resources management, analytics, and communication. They foster a global workforce, widening the talent pool, and promoting seamless communication and collaboration across diverse locations and time zones. This is where Stax Connect came in.

SaaS Payments 88

SaaS Payments Payment Services Payments Payment Methods 88

Stax

NOVEMBER 13, 2023

How Tap to Pay Works Tap-to-pay, whether used with a contactless card or a smart device, operates through Near Field Communication (NFC) technology. This short-range wireless communication technology allows data exchange between devices close to each other, typically within a few centimeters. Fees, too, differ among providers.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Solutions 88

Stax

DECEMBER 20, 2023

CardX by Stax is a trusted leader in helping your business seamlessly and easily implement credit card surcharging, ensuring you stay compliant and save on transaction fees. It is important to note that if there is a difference between the card and cash price, it is essential to clearly communicate through proper signage at the point of sale.

Merchant Services 88

Merchant Services Payment Services Stax Payment Methods 88

Stax

FEBRUARY 19, 2024

Vertical SaaS solutions are tailored for specific industries, addressing niche needs with in-depth customization and compliance with industry standards. HubSpot’s acquisition of chatbot system Motion AI, for example, was a response to growing customer demand for on-demand communication systems. What is Vertical SaaS?

SaaS Payments 88

SaaS Payments Payment Services Payments Payment Solutions 88

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

MAY 30, 2024

It also has communication features that allow you to chat with the rest of your team, send tasks, and maintain an agenda. It shines in the tax compliance department. Stax integrates with all the leading accounting solutions so it can fit into your tech stack smoothly. Request a custom quote to see how Stax Pay can work for you.

Payment Solutions 88

Payment Solutions Payment Methods Payment Services Technical Advisors 88

Stax

JUNE 13, 2024

These guidelines are mandatory, and non-compliance will attract penalties. Communicating with Customers Below are four key tips to help you effectively communicate the details of your cash discount program to customers without alienating them. It builds credibility and trust.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Solutions 88

Stax

FEBRUARY 5, 2024

Cost recovery, industry standards, regulatory compliance, and consumer sensitivity are key factors to consider when calculating surcharges. Companies, particularly those in the healthcare, transportation, and food industries, levy surcharges to meet these compliance standards. Regulatory Compliance. Minimum usage surcharge.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

MARCH 6, 2024

You need effective dunning management in place, which involves communicating with customers to update payment information to resolve failed transactions. Legal and payment compliance Adhering to compliance standards, including those set by the Payment Card Industry Data Security Standard (PCI DSS), is essential.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Features 88

Stax

APRIL 18, 2024

How to implement mobile credit card processing Implementing mobile credit card processing involves several key steps, from selecting the right hardware and software to ensuring security and compliance. NFC, or near field communication, is a technology present in most smartphones that allows contactless communication between devices.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

MAY 7, 2024

PCI-compliance fees – Businesses running credit card transactions must be compliant with the Payment Card Industry Data Security Standard (PCI DSS). The average PCI compliance fees vary depending on various factors, such as business specifications. Stax is one card payment processor that uses this pricing model.

Merchant Services 88

Merchant Services Payment Services Payment Methods Accept Credit Card Payments 88

Stax

JUNE 11, 2024

cost of processing, merchant service fees, and additional fees like chargeback fees, compliance fees, equipment fees, monthly fees, etc.) However, it’s essential to remain vigilant about compliance with regulations and responsive to customer feedback. However, card purchases bring in extra costs for business owners (e.g.,

Merchant Services 68

Merchant Services Payment Methods Payment Services Payment Solutions 68

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. Besides, these licenses aren’t easy to obtain since they have strict compliance requirements. Not many trends stay relevant for a long time.

Payments 88

Payments Payment Methods Merchant Services Finance 88

Stax

AUGUST 29, 2024

It will also communicate with the customer’s card issuer to verify the authenticity of the card details entered into your checkout page. In contrast, dedicated merchant service providers like Stax offer robust and stable merchant accounts. Some PSPs even impose limits on transaction volume.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 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. Membership-based processors , such as Stax make their money through the annual or monthly fees, rather than taking a cut of your sales. Card Network (e.g., to 2.54% + $0.10

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

SEPTEMBER 24, 2024

You must also ensure compliance with card network regulations. Compliance – Cash discount programs are regulated under various legislations. Your provider should be able to reprogram your payment hardware and software, create a robust cash management strategy, and ensure compliance. If yours can’t, consider CardX by Stax.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

MAY 30, 2024

Transportation, shipping, and delivery companies – Companies that deliver their goods to their customers or move inventories from one store to another need FSM to track the movement of their personnel, streamline communication, optimize travel routes, and minimize long-term costs. Stax Connect ticks all of these boxes.

Payment Solutions 88

Payment Solutions Payment Services Merchant Services SaaS Payments 88

Stax

MARCH 26, 2024

Secure Transactions: Online terminals incorporate security protocols like SSL encryption, tokenization, and Payment Card Industry Data Security Standards (PCI DSS) compliance. Committing to regular training sessions ensures that the staff remains proficient and up-to-date with the terminal’s latest features and compliance requirements.

Payment Methods 88

Payment Methods Merchant Services Payment Services Payments 88

Stax

DECEMBER 13, 2023

So make sure to follow all rules related to the placement, content, design, and compliance of your signage. Understanding Credit Card Surcharges Card networks not only help businesses process credit card payments but they also regulate the industry by establishing surcharging rules and maintaining compliance.

Merchant Services 88

Merchant Services Payment Methods Payment Services Accept Credit Card Payments 88

Stax

JANUARY 3, 2024

Some may still want to allow magstripe card payments, but near-field communication (NFC) compatibility is non-negotiable for 2024 and beyond. Security and compliance standards Security is paramount in any POS system to protect sensitive customer information. Features like customer data collection (e.g.,

Point of Sale 88

Point of Sale Payment Methods Payment Solutions Payment Services 88

Stax

MARCH 19, 2024

It improves cash flow with faster payment processing Instead of the traditional time-wasting process of manually reconciling receipts, your platform will automatically organize payment transaction data and even help with compliance-related tasks, all of which will shorten the period your users will receive the funds in their merchant accounts.

Payments 88

Payments Payment Services Payment Methods SaaS Payments 88

Stax

OCTOBER 3, 2024

Automated fields reduce the need for manual notes, minimizing errors and streamlining communication. By minimizing manual data entry and integrating various features, a CRM improves collaboration and communication among team members, leading to fewer errors and more accurate data.

Scale 88

Scale Business Social Media compliance 88

Stax

FEBRUARY 19, 2025

As anISV, Stax works with a number of software partners to give sub-merchants total control over how they operate their businesses. Expanding into new markets by leveraging ISV solutions that cater to global compliance requirements and multilingual support. How does an ISV integration work? Whats the value of an API?

Payments 88

Payments Merchant Services Payment Services Payment Solutions 88

Stax

APRIL 16, 2025

Stax CTO, Mark Sundt , recently sat down with John Gaffney from PYMNTS for an eye-opening conversation about the exciting future of AI and how it’s poised to revolutionize the business world. During the interview, Mark talks about real-world examples of how AI has been successfully applied at Stax.

Payment Services 88

Payment Services Payment Solutions Payments Payment Methods 88

Stax

JANUARY 27, 2025

At Stax, we describe that journey in three key phases: build, launch, and grow. This recent Stax Connect webinar brings together payment leaders and experts to discuss how vertical SaaS companies can successfully build, launch, and grow their payment initiatives. ” “And that’s what our teams are like here at Stax.

Payments 88

Payments SaaS Payments Payment Services Payment Solutions 88

Stax

FEBRUARY 19, 2025

An outsourced integrated payments support team could also assist business software users with their unique issues or questions about security and compliance. Outsourcing payment support can save costs, provide 24/7 assistance, and ensure compliance expertise.

Outsourcing Services 88

Outsourcing Services Payment Services Payments Merchant Services 88