Stax

NOVEMBER 14, 2024

Fees include (but aren’t limited to) transaction fees, interchange rates, PCI compliance, and more. Step 4: The credit card processing companies send the payment to the business’s bank through a certified merchant services provider such as Stax. With Stax, your payment processing statement is simple.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

OCTOBER 14, 2024

Keep an eye out for hidden fees that may not be immediately apparent, like setup fees, monthly maintenance fees, PCI compliance fees, or chargeback fees. Key Actions During the Demo and Trial: Test core features such as the ease of processing transactions, managing refunds, issuing invoices, and handling recurring billing if applicable.

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88

Stax

DECEMBER 4, 2023

The US, therefore, requires financial institutions as well as financial services firms to have anti-money laundering (or AML) compliance programs in place. In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). Non-compliance can have major implications.

Merchant Services 88

Merchant Services Payment Services Payfac Technical Review 88

Stax

JUNE 20, 2024

To ensure that an ISV partner program is right for you, consider their program structure and offerings, integration capabilities, support and resources, security and compliance, and costs and financial incentives. Confirm adherence to industry standards and regulations, such as GDPR or HIPAA , ensuring compliance with legal requirements.

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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. They must also ensure that sub-merchants are compliant with the regulations set by card companies, e.g. PCI compliance.

Merchant Services 88

Merchant Services Payfac Payment Services SaaS Payments 88

Stax

SEPTEMBER 12, 2024

They generally come with a touchscreen, and offer extra features like customer loyalty programs, integration with business management tools, and even analytics. Security and compliance: Make sure they meet the latest security standards and regulations to protect you and your customers’ sensitive data.

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88

Stax

JANUARY 15, 2024

Learn how to achieve payment processing compliance when surcharging to improve your company’s financial stability and reputation. PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Interchange fee management. Consumers pay more for the convenience.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JUNE 18, 2024

But managing subscriptions effectively and freeing up time and resources for expansion is no picnic. A robust subscription management platform is essential to reducing admin and ensuring positive customer experiences that keep churn rates low.

Payment Features 88

Payment Features Payment Solutions Payment Services Payments 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. that manage the customer’s card. What Is a Payment Gateway Account?

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88

Stax

JUNE 25, 2024

TL;DR Key features your charity payment solution should cover include PCI compliance and security, streamlined integrations, a great user experience, reporting and analytics, and customization and flexibility. At Stax Connect, we work with a subscription-based mode l with a 0% markup on direct-cost interchange.

Payment Solutions 88

Payment Solutions Merchant Services Payment Services Payment Methods 88

Stax

APRIL 30, 2024

In addition, they also ensure the privacy of business data and compliance with laws and regulations. Many POS systems are also equipped with software that helps with other business processes like inventory and staff management, in addition to payment processing. Easy switch between POS and mobile payments using the Stax app.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 88

Stax

MARCH 19, 2024

TL;DR Vertical SaaS products are custom solutions that help business owners effectively manage challenges and regulatory requirements that are peculiar to their industry. Integrated payments is the combination of payment processing functionality with other business operations management features on the same platform.

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Payments Payment Services Payment Methods SaaS Payments 88

Stax

AUGUST 1, 2024

This is why, now more than ever, US merchants must manage their operational costs meticulously. Non-compliance can lead to hefty penalties and even suspension of their merchant accounts. Merchants should be aware of Visa’s surcharging rules as non-compliance can lead to fines ranging from $50,000 to $1 million.

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Merchant Services Payment Services Payment Methods Stax 88

Stax

SEPTEMBER 26, 2024

Merchants pay interchange fees to compensate the cardholder’s bank (issuer) for the risk of managing credit card accounts. Non-compliance with these regulations can lead to enforcement actions from federal regulatory agencies. The savings from the costs you would’ve otherwise paid are sufficient to boost your margin—if managed right.

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 88

Stax

APRIL 18, 2024

SaaS companies deliver software applications over the internet on a subscription basis, simplifying access and management for users. Some well-known examples are Adobe, a design and creator platform, Autodesk, a leading construction management system; and Meditech, a healthcare information systems solution. What are SaaS companies?

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Outsourcing Services SaaS Payments Payment Services Payment Methods 88

Stax

MAY 20, 2024

Effective management of unearned revenue involves cash flow forecasting, using the right accounting software, and mitigating the risks associated with subscription churn. This helps to build trust among key stakeholders such as management, investors, and financial institutions. Learn More What is Unearned Revenue?

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Stax

JANUARY 17, 2024

Unlike payments facilitated by card networks like Visa or Mastercard, ACH payments are managed by a body called the National Automated Clearing House Association (NACHA). Provides compliance and security advantages ACH payments are one of the most secure payment options your customers can have.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 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. It’s important to carefully go through criteria like transparency, PCI compliance, and payment monetization when selecting an ISV payments partner.

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Payments Merchant Services Payment Methods Payment Services 68

Stax

FEBRUARY 26, 2024

For subscription businesses, the customer’s account should also include options for subscription management where they can adjust the frequency of deliveries, pause or cancel the subscription, update card information or bank account information, and more. Ensuring security and compliance Security is paramount in recurring payments.

Payment Services 88

Payment Services Payment Features Merchant Services Payment Methods 88

Stax

MAY 16, 2024

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. Market Your Product Physicians, hospital managers, and healthcare providers are present both online and offline.

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Payment Solutions Payments Payment Methods Software Review 88

Stax

SEPTEMBER 19, 2024

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. Stax Bill) Order Management Fulfillment of orders according to agreed terms. Billing and invoicing software (e.g.,

Payment Services 88

Payment Services Payment Solutions Payments Stax 88

Stax

MAY 30, 2024

This is where field service management (FSM) come in. Field service management software is a system that helps a company monitor and coordinate their employees’ activities off the company’s premises. We’ve compiled these success tips to help your company manage your field services through FSM software.

Payment Solutions 88

Payment Solutions Payment Services Merchant Services SaaS Payments 88

Stax

MARCH 15, 2024

Compliance with these standards ensures that merchants and payment processors implement robust security measures to safeguard financial data. Compliance with PCI DSS is mandatory for businesses that handle credit card transactions. This method is widely used but can be vulnerable to password guessing or theft if not properly managed.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

FEBRUARY 19, 2024

Software as a Service (SaaS) has made business software more accessible by offering cloud-based, on-demand access to a range of solutions, from project management and collaboration to sales and marketing. Veeva is a cloud-based CRM and content management solution built specifically for the pharma and life sciences industry.

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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. TL;DR A SaaS billing platform is a digital solution that allows SaaS companies to process payments and manage the overall transaction lifecycle. What is a SaaS Billing Platform?

Payments 88

Payments SaaS Payments Payment Services Merchant Services 88

Stax

JANUARY 22, 2024

Payment facilitators simplify the process for smaller businesses, aggregating multiple merchants under their umbrella and managing payments on their behalf. It manages payments and transactions with the bank for a number of smaller merchants, streamlining the process, decreasing the workload, and mitigating risk.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

MARCH 21, 2024

SaaS services are also used in customer relationship management (CRM), human resources management, analytics, and communication. SaaS tools for document sharing, video/audio calls, and task management enhance collaboration and efficiency. Case Studies Sera is a Field Service Management (FSM) software company based in Texas.

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SaaS Payments Payment Services Payments Payment Methods 88

Stax

NOVEMBER 6, 2023

Moreover, companies need to follow data privacy and compliance requirements to stay in business. Besides the enhanced data security, other benefits include reduced risk of breaches, easier regulatory compliance, and compatibility with legacy systems.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

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. How Does Surcharging Compare to Other Fee Management Strategies? along with our thoughts on how effective they might be.

Merchant Services 88

Merchant Services Payment Services Payment Methods Stax 88

SaaStr

AUGUST 18, 2022

Laika is an enterprise-ready compliance platform that lets growing companies compete on the same level as any large organization. Stax is an industry-leading payments technology provider that is revolutionizing the payments processing experience completely. With Quolum ‘s SaaS Card you only pay for SaaS that you use.

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Stax Payment Services Payment Solutions SaaS Payments 42

Stax

JULY 9, 2024

For businesses, EFT payments streamline the accounts receivable and payable processes, making it easier to manage transactions and reconcile accounts. Regulatory and Compliance Issues with EFT Payments Regulatory and compliance issues surrounding EFT payments are critical for ensuring the security and integrity of electronic transactions.

Payment Methods 88

Payment Methods Payment Services Merchant Services Payment Solutions 88

Stax

DECEMBER 6, 2023

Credit card surcharging is subject to regulations and compliance requirements that vary by region and country. Service providers such as CardX by Stax help companies offset some of these fees in a compliant and seamless way. Learn More What is Credit Card Surcharging? What is a Credit Card Surcharge Fee? Get in touch now!

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

DECEMBER 20, 2023

This article explores the legal landscape surrounding surcharges, shedding light on the intricacies of state and federal laws and strategies for small businesses to manage processing costs. CardX by Stax helps businesses optimize costs and ensure compliance with surcharge laws. Get in touch!

Payment Services 88

Payment Services Merchant Services Stax Payment Methods 88

Stax

DECEMBER 20, 2023

By understanding the fee structure, promoting debit card usage, and optimizing your payment processing operations, you can effectively manage and reduce interchange fees, ultimately improving your bottom line. Some others, including Stax, offer subscription-style processing that gives you access to the lowest rates of interchange.

Payment Services 167

Payment Services Merchant Services Payment Methods Payment Solutions 167

Subscription Flow

MARCH 25, 2024

Tasks in this diverse role include managing payments, complying with tax laws, and reducing risks such as chargebacks and fraud. Stax and PayPal Additionally, Stax sets itself apart with its novel subscription-based pricing structure that spares companies from transaction costs—a benefit especially for those with large transaction volumes.

Merchant Services 105

Merchant Services Payment Services Payment Methods Payment Facilitation 105

Stax

APRIL 2, 2024

As more businesses opt for a surcharge program to manage their ballooning costs, it’s important to be aware of best practices around notifying your customers about this additional fee to not only follow all legal requirements, but also provide a seamless customer experience. Contact us to get started with CardX by Stax today.

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Merchant Services Payment Methods Payment Services Accept Credit Card Payments 88

Stax

NOVEMBER 15, 2023

Understanding interchange fees enables merchants to effectively manage processing costs, negotiate better rates, make informed decisions about card acceptance, and ensure compliance with payment industry standards. Surcharging ensures cost recovery but requires compliance with regulations and customer education for long-term success.

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Payment Services Merchant Services Payment Methods Payment Solutions 88