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
Stax is an industry-leading payments technology provider that is revolutionizing the payments processing experience completely. The all-in-one Stax Platform provides businesses of all sizes the scalable business technology needed to manage financials, payments, invoicing, inventory, salesdata, customer data and more.
In line with that, we’re thrilled to announce that Stax Connect ISVs can now give merchants the ability to accept PayPal, Venmo, and Pay Later (BNPL). Talk to sales Why Enable PayPal for Your Merchants? Industry data shows that there are 92 million consumers who use their Venmo balance. PayPal Internal Data 2023.
Learn More Stax offers the lowest cost of accepting credit cards among all merchant account providers. QuickBooks Mobile App QuickBooks is a web-based platform which means your data is synced across all your devices on the cloud. It is a subscription-based integrated payment platform that helps you process credit card payments.
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. The company has EMV enabled point of sale systems to accept digital wallet payments as well as cards. Read on to discover how these solutions stack up against each other.
In 2023, 27% of all point-of-sale (POS) payments were made using credit cards while 23% were made with debit cards. Talk to sales What Are Interchange Fees? Card networks must maintain them properly and pay for fraud prevention tech (data encryption, tokenization, real-time tracking, etc.). But there’s more to it.
Talk to sales How Credit Card Processing Fees Work Whenever customers swipe, tap, or dip their credit or debit cards at a payment terminal, it sets a complex network in motion, resulting in approval or rejection of the payment. 3.2%) may qualify for lower credit card processing fees with detailed transaction data. B2B transactions (1.8%3.2%)
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?
of retail sales in 2025, amounting to $6.862 trillion. Talk to sales Understanding Ecommerce Payment Solutions An eCommerce payment solution is the underlying infrastructure that allows eCommerce businesses to accept and process card and online payments seamlessly and securely. This is expected to grow to 22.6%
Contact sales 2. If youre using a payments platform like Stax, you can watch these metrics there – particularly if you integrate it with your customer relationship management platform. Personalized recommendations: Based on usage data, businesses can suggest relevant features to users via in-app prompts, emails, or chatbots.
A consumer may use their physical credit card, for example, but if the point of sale system is digital — such as a mobile device instead of an analog cash register — this would be considered a digital payment. Mobile point of sale (mPOS) systems Mobile point of sale systems most commonly come to mind when discussing digital payments.
Talk to sales What is a Payment Processing System? It links the merchants eCommerce store or point of sale (POS) system and the financial networks involved. A payment gateway securely transmits customer data to the payment processor. Issuing bank – The financial institution that issued the customers credit or debit card.
Data cited by Statista shows that the software as service is expected to hit $299 billion by the end of 2025. Your CAC is how much you spend on acquiring and onboarding a customer, and can include marketing, communications, sales, and other expenses. Customer acquisition cost. Monthly/annual recurring revenue.
Enhanced securitytokenization and two-factor authentication reduces the risk of data breaches As we mentioned earlier, Click to Pay uses a data security approach called tokenization to protect sensitive financial data from malevolent actors. The original sensitive data is still secured and hidden in an external data bank.
Step 2: Risk Assessment Risk management departments or specialized underwriting teams at the payments company evaluate the businesss model, industry risks, and potential sales volume. This involves analyzing transaction patterns and cross-referencing merchant data against global sanctions lists or politically exposed persons (PEPs) databases.
To keep the system of securing financial information and cardholder information safe, a multi-pronged approach to payment processing data security is imperative. Payment tokenization helps safeguard cardholder data, so your users can collect and process payments securely. Its usually done to prevent credit card fraud from occurring.
Embedded payments come with a lot of responsibilities, such as bank sponsorship and risk management, which is why finding the right payments partner like Stax Connect is essential to help you monetize payments and own the entire experience. First, start by gathering some key data. Consider running a survey to gather this data.
They also often include sales and marketing support, leveraging the ISV partner’s brand credibility and distribution channels to accelerate customer acquisition. It often includes sales and marketing support, leveraging the ISV partner’s brand credibility and distribution channels to accelerate customer acquisition.
In the new, digital era of payment management and shopping, protecting customer data is a top priority. 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. That’s where Stax comes in. What is PCI Compliance?
Enter card-present tokenization, a feature by Stax that enables merchants to accept payments in person and instantly tokenize payment data for future transactions. ” How it Works If you’re a Stax merchant, enabling card-present tokenization is easy and doesn’t come with additional costs. The best part?
Security and compliance: Make sure they meet the latest security standards and regulations to protect you and your customers’ sensitive data. As you’re handling cardholder data, your provider will need to ensure PCI compliance to minimize the risk of fraud and data breaches. Stax has options, no matter what you need.
Not only is this best practice, but it’s paramount that your software’s credit card processing provider grants peace of mind to your users so they know donor data is handled safely. At Stax Connect, we work with a subscription-based mode l with a 0% markup on direct-cost interchange.
It’s also the software in your POS system or card readers that processes the customer’s payment data in a brick-and-mortar setting. 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?
In addition, they also ensure the privacy of business data and compliance with laws and regulations. Depending on the business type, merchant processing solutions are of two types: Point-of-sale (POS) systems POS systems are a popular payment collection system, with more than 93,300 companies using them in the US alone.
Thankfully, with mobile payments from Stax , you can quickly accept and process payments from your customers. Learn all about mobile payments and why you may want to consider joining the Stax family to streamline payments and boost your small business’ productivity. This will directly lead to an increase in sales volume and revenues.
Following this approach, most retail business owners try to find a Point-of-Sale (POS) system for retail businesses that can make their operations (especially in-store) more efficient, manageable, and cost-effective. You’ll not only benefit from seamless cash flow, but you’ll also reduce the costs that come with redundant data entry.
Stax and Worldpay: A Powerful Partnership Stax is one of the largest Independent Sales Organizations (ISOs) partnered with Worldpay. Through this partnership, Stax provides businesses with cutting-edge payment technology , cost-saving solutions, and dedicated customer support. Standard credit cards: 1.99% + $0.20
We caught up with payment experts from Forrester and Stax to help you navigate these evolving times and achieve success with embedded payments. Fred Nelson, VP of Sales Enablement at Stax provides a succinct definition of embedded payments. Watch the discussion below or check out some of its highlights in this article.
You may be better off with a platform-agnostic payment processing software like Stax Payments, which works with a number of leading solutions. Also, Stax integrates seamlessly with thousands of third-party apps, including all the popular CRM, marketing, and financial apps used by most businesses.
This solution allows you to accept payments over the phone or in person from your computer, all without needing a physical card reader or point of sales terminal. It allows you to accept payments over the phone or in person from your computer, all without needing a physical card reader or point of sales terminal.
Since the big players in the landscape generally all offer a robust set of services, data shows that most SMBs are satisfied with their payment processors and aren’t likely to switch. Stax, for example, charges 0% markups on top of interchange, giving you the lowest percentage per transaction rate.
However, without a structured process to guide leads through the sales funnel, you can lose out on valuable sales opportunities to your competitors. It helps to streamline and automate the entire sales cycle, increasing efficiency and spurring higher revenues. Fortunately, this is where quote-to-cash comes in.
Here’s a step-by-step strategy you can use to boost sales for your EHR tools: TL;DR Electronic health records, or EHR, is a software used to maintain patient records across multiple facilities. Learn More Understand Your Market If you want high ROI for your sales efforts, you need to sell to your target market.
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.
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.
That’s why it’s not uncommon for SaaS companies and ISVs to find payment partners (like Stax Connect) who can help them implement payment services. We caught up with Stax Connect’s payment experts to shed some light on everything you need to know when switching to a new payments partner. to avoid pain points).
SaaS companies can avoid having to integrate their software with that of gateways and banks, undergo thorough merchant underwriting, and submit mountains of documents by working with a trusted PayFac like Stax to make their software more comprehensive for their clients. What Is Merchant Underwriting?
With management systems’ continual growth and improvement, it’s no wonder software sales are at an all-time high. As such, they require solutions that streamline their workflows and ensure data security. This is where Stax Connect comes in. That’s why enhancing the user experience should always be a priority.
All this can be challenging, so it’s best to partner with a surcharging expert like CardX by Stax. In essence, customers need to be fully aware that a credit card surcharge will be applied when they checkout at a point of sale (POS). You must post signs at all points of entry and points of transaction or sale.
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. ACH PayFacs may seem to be somewhat similar to independent sales organizations (ISO). On the other hand, ACH PayFacs process payments directly.
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.
This short-range wireless communication technology allows data exchange between devices close to each other, typically within a few centimeters. Data transmission: The NFC antennas in both devices communicate with each other. This dynamic data makes it difficult for attackers to reuse intercepted information for fraud.
SMB owners wear many hats, managing everything from staff to sales. TL;DR Payment Management Systems manage payment processing so you can accept payments, send invoices, track transactions, and view financial data. A PMS accepts payments, sends invoices, tracks transactions, and analyzes your financial data—all in one place.
Data protection and security are crucial not just for safeguarding customer information, but for protecting business owners as well. By combining a secure payment system with secure payment habits like not collecting excess data from customers, you’ll go a long way in safeguarding your business against fraud.
Thankfully apps are constantly making it easier to track and organize important data. The article lists ten top accounting apps that help track and organize financial data efficiently. It helps our sales and marketing team significantly. Here’s a list of the ten best accounting apps for your business. Highly recommend it.
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