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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.
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.
If you have a stable MRR and annual recurring revenue, you can derive actionable insights for cash flow projections, hiring decisions, product development, etc. The Stax Solution Implementing MRR-based insights doesn’t have to be difficult; in fact, we’ve streamlined the process.At
Neiconi brings more than 15 years of experience in risk and fraud management leadership to his new role, with a deep background in developing fraud risk solutions, risk data collection and analysis, and compliance. Most recently, Neiconi was the Head of Fraud & Risk North America for Adyen. and Canada.
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?
As of writing this article, those states and territories are: Massachusetts Connecticut Puerto Rico Note that surcharging laws change quite frequently so you should stay up-to-date on the latest developments. This is where partnering with a payment processing provider like CardX by Stax can be especially useful. Request a Quote
Solutions providers like Stax integrate with a range of solutions to enable merchants to go mobile. Plus, all Stax solutions accept mobile payments, such as Apple Pay, Google Pay, Samsung Pay, etc. For new or upgraded solutions accepting mobile wallets, Stax has a suite of contactless solutions that have you covered.
Look for an eCommerce payment system that offers plug-and-play integrations with your existing tech stack to minimize development costs. Note that some payment solutions offer full customization but require developer support. Find out whether its a requirement and act accordingly. Contact us
Signs of Software Customer Churn If you could spot the signs of customer churn, then you can develop a proactive way of addressing the issues and decreasing them. 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.
That’s where Stax comes in. Develop and Maintain Secure Systems and Applications Security vulnerabilities in applications and systems are common entry points for attackers. Organizations must develop and maintain secure systems and applications by implementing a process for identifying and addressing vulnerabilities.
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. Stax Connect streamlines the enrollment process for SaaS companies.
Case Studies and Examples Discover how Stax’s ISV partner program Stax Connect has revolutionized payments for different SaaS businesses. Check out the following use cases to see how the Stax solution has improved business processes and outcomes. To learn how Stax Connect can help, speak to one of our experts today.
How Merchant Underwriting Works The merchant underwriting process typically follows a few steps carried out by the payment facilitators or acquiring bank to develop an underwriting risk profile. Explore how Stax simplifies merchant underwriting and helps your business accept payments seamlessly. Contact us today. Request a Quote
Stax Connect is an all-in-one payment ecosystem with integrated software solutions to help your SaaS company increase revenue, all through one API. Stax Connect provides a comprehensive, scalable payment infrastructure, empowering you to offer seamless payment services while confidently growing your SaaS business.
Ask your potential provider if they have an API for custom integrations, and if they provide resources for your developer team to implement these integrations. At Stax, we do things differently and offer subscription-based pricing with access to direct cost processing, and no hidden fees. Stax has options, no matter what you need.
Your provider will offer a set of APIs (Application Programming Interfaces) your developers can use to integrate the Click to Pay systems with your website CMS, eCommerce platform, or SaaS platform. Learn More What is Click to Pay? Then, you can now integrate the new payment system into your existing digital infrastructure. Request a Quote
TL;DR ISVs develop and distribute software products independently and often collaborate with hardware manufacturers and platform providers. While they operate under different business models, ISVs and SaaS share similarities in software development, cross-platform accessibility, and industry reach. Learn More What are ISVs?
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.
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).
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.
Choosing a robust payment partner like Stax Connect ensures comprehensive reporting, hands-on support, and the ability to make data-driven decisions confidently, enhancing overall business stability and growth. Knowing these details can inform your product development roadmap and allow you come up with capabilities to serve people better.
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. Key Benefits of Automated SaaS Billing Systems Embracing automation with solutions like Stax Bill enables more efficient and accurate subscription management. Real-time insights.
Depending your software and ICP, the insights you gain here can inform your product development and marketing decisions. You and the software developers on your team should always be on the lookout for bugs and any updates for your legal technology. This is where Stax Connect comes in. But improvements go much deeper than that.
Metrics like churn rate, average order entry time, RFP win rate, % of orders delivered in time & in full, revenue, MOM profit margins, and more will help you develop a clear picture of how well your new QTC system is performing. Stax Bill) Order Management Fulfillment of orders according to agreed terms.
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. Using this information in your product development will help you create software that addresses customer requirements and has a high demand.
Building a strong relationship with stakeholders Look into developing collaborative relationships with acquiring banks and payment networks. Thankfully, partnering with Stax can relieve you from these headaches as we handle risk management on your behalf. They decided to switch to Stax Connect’s white-labeled API to power Shelterpay.
To achieve this, vertical SaaS products bring in experts from niche markets to develop industry-specific features, ensure compliance with industry standards or regulations, and integrate with key business platforms that are standard within that industry. The vertical software market has developed much more slowly than horizontal software.
But the benefits made known during that time were more aligned with the original reason for its development. Full-service POS and credit card payment providers Full-service providers like Stax offer complete POS solutions and backend payment processing, which are essential to accepting contactless payments. No contact, no germs.
It’s hosted on the cloud and software providers are responsible for software development, maintenance, and releasing updates. Automatic updates and maintenance SaaS software is maintained by the service provider that developed and is hosting the software on a cloud. This is where Stax Connect came in.
The good news is that with a solution like Stax Connect, this need not be difficult or complicated. TrustCommerce is attributed to having first developed data tokenization to protect card data in 2001. The good news is that with a solution like Stax Connect, this need not be difficult or complicated.
Our developers are also available to help you build the perfect solution and answer any questions. Personalized developer support: Many payment solutions offer personalized support to their bigger clients and leave the smaller companies to fend for themselves. Stax Bill offers simple automation for recurring billing and invoicing.
Payment Application Data Security Standard (PA-DSS): PA-DSS applies to software vendors and developers of payment applications. Related Content: PCI DSS Compliance: How Stax Protects Your Payments Final Words At Stax, we’re committed to securing sensitive cardholder data.
Amazon Renewed eBay TeleTraders Best Buy Outlet Backmarket Negotiate with Providers One of the best ways to save money when making a big purchase is to develop and flex your negotiation skills. (If Stax Payments’ membership-based pricing saves merchants hundreds of dollars per month. If you’re able to negotiate in person—even better.)
Stax delivers an all-in-one payments platform that is secure, stable and customizable—and did we mention affordable? Innovations in artificial intelligence (AI) and machine learning are helping develop security solutions faster than ever. At Stax, we help businesses keep up with all things payment security.
Small businesses can thrive on SBS with these 8 tips: (1) Lay the groundwork with past data, (2) enhance digital presence, (3) improve the in-store experience, (4) run marketing campaigns, (5) promote special offers, (6) engage the community, (7) collect feedback, and (8) develop post-event strategies. Small Business Saturday , a.k.a.
Stax is 100% PCI compliant, which makes it the perfect solution for all your payment processing needs. PCI DSS Requirement 6 – Develop and maintain secure systems and applications As per this requirement, businesses must prioritize security and ensure that security measures are inserted throughout the software development lifecycle.
The rise in these fees can be attributed to the substantial investment required for the development and maintenance of secure payment processing infrastructure, protection against fraud, and the convenience offered to consumers. Service providers such as CardX by Stax help companies offset some of these fees in a compliant and seamless way.
TL;DR Understanding your target market is the first step to growing your FSM software business FSM software providers need to invest in product development and innovation to stay up-to-date with industry trends, forecast market needs, and respond with innovative solutions. R&D is the process of idea development.
How to Set Up Apple Pay for eCommerce Accepting Apple Pay on your eCommerce site may take a bit more work, as merchants are required to follow Apple’s Developer guidelines. Create an Apple Developer account If you don’t already have one, you’ll need to create an Apple Developer account. See how Stax can help.
To establish an effective risk management program as a PayFac, you must establish a dedicated risk management team, utilize the right tools and technology, develop proper risk management policies and procedures, conduct regular risk audits, and stay up-to-date with the latest industry regulations. Contact our team today to learn how. <img
TL;DR An independent software vendor (ISV) develops and sells software applications independently of hardware manufacturers. An independent software vendor (ISV) develops and sells software applications independently of hardware manufacturers. ISVs focus on the development and customization of payment processing software.
Personalized Developer Support. Fusebill integrates with Stax Bill to provide you with subscription management software and a payment gateway in one platform. Zuora provides a lot of flexibility for building out your own solution on top of their platform, however, non-developers may find it difficult to manage. Quoting software.
This makes the apparent new direction of Intuit, the developer of QuickBooks, symptomatic of the wider transition within the SaaS space towards cloud-based software solutions. Moreover, the current set-up requires Intuit to maintain development teams and operational support for two separate software platforms (desktop and online).
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