Stax

DECEMBER 27, 2023

Accepting payments is the most important functionality that a business needs to start selling. But to accept payments seamlessly and securely, you need a merchant account. A merchant account refers to a business bank account that allows businesses to accept electronic payments for goods and services.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Solutions 88

Stax

JUNE 4, 2024

Selecting the right payment processing software is crucial for any business aiming to streamline transactions and enhance customer experience. You should consider factors like integration capabilities, user experience, scalability, and pricing structures, to ensure a seamless and cost-effective payment process.

Payment Services 88

Payment Services Merchant Services Payment Solutions Payment Methods 88

Stax

MARCH 15, 2025

Enter payment monetization. Having a strategy to monetize payments gives SaaS companies an additional revenue stream while enhancing the customer experience and reducing customer churn. But how exactly should a SaaS company monetize payments? What is Payment Monetization?

Payments 88

Payments Merchant Services SaaS Payments Payment Services 88

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APRIL 17, 2025

In the payments industry, choosing the right ISV partner is critical; look for robust APIs, hardware support, strong onboarding, and fair revenue-sharing models. Think: cloud platforms and operating systems like Microsoft, Amazon Web Services (AWS), the Salesforce ecosystem, or a payment platform. What is an ISV Partner?

Merchant Services 88

Merchant Services Payment Solutions Payment Services Payments 88

Stax

JULY 11, 2024

A good chunk of consumers use Apple Pay for online purchases. According to Statista , in 2024, 60% of consumers have use Apple Pay at the point of sale (in physical locations) while 38% use it online. Ensure you have the right NFC-enabled POS equipment, and configure your payment terminals to start accepting Apple Pay.

Merchant Services 88

Merchant Services Payment Methods Payment Services Point of Sale 88

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APRIL 18, 2024

According to Forbes , “mobile payments are increasingly being used by U.S. Not only are there a number of ways your customers could be using their mobile devices to give payments, but you as a business owner could be leveraging mobile devices to accept them as well. shoppers as customers become more comfortable with the technology.”

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JANUARY 17, 2024

Automated Clearing House (ACH) payments are a type of electronic bank-to-bank payment system in the US. 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). Let’s get started.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

MARCH 21, 2024

The SaaS model isn’t just for the tech industry—cloud services are widespread in industries such as healthcare, retail, eCommerce, and education. In this article, we’ll explore the many benefits of SaaS and how to implement SaaS payments. Businesses should also be aware of the various fees charged by payment gateways.

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SaaS Payments Payment Services Payments Payment Methods 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. Online and contactless adoption multiplied, and digital payments rose. consumers using two or more types of digital payment methods increased by 8%. Learn More What are B2B Payments?

Payment Services 88

Payment Services Merchant Services Payment Methods Payments 88

Stax

SEPTEMBER 17, 2024

In the new, digital era of payment management and shopping, protecting customer data is a top priority. Each requirement plays a critical role in building a secure environment for payment processing. Failing to comply with the Payment Card Industry Data Security Standard can have a number of severe consequences for a business.

Payment Services 88

Payment Services Merchant Services Payment Methods compliance 88

Stax

AUGUST 20, 2024

Airline credit cards, payment plans for costly items, and car rental insurance are forms of embedded finance that have been around for a while. This infrastructure helps businesses provide financial solutions, such as digital payments, directly on their websites or mobile apps. Today, you don’t even have to exit the app.

Payments 88

Payments Payment Methods Merchant Services Finance 88

Stax

JUNE 27, 2024

As a business owner, you engage in many daily transactions, from receiving customer payments to paying your bills and suppliers. But cash and checks are rapidly declining as preferred modes of payment. Brainy Insights valued the digital payments market at $102.60 billion in 2022 and estimated it to reach $510.30

Payment Methods 88

Payment Methods Payment Services Merchant Services SaaS Payments 88

Stax

JUNE 9, 2024

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. What’s on the roadmap for your retail store? Make sure to choose solutions that can scale with you.

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Point of Sale Payment Solutions Payment Services Merchant Services 88

Stax

JULY 16, 2024

Cash payments are passé. Consumers are increasingly opting for debit and credit cards or other digital payment methods—for in-store and eCommerce purchases alike. This was a huge leap from 2018 when only 29% used cashless payments for the same. Unfortunately, personal data is most sought-after by criminals.

Payment Services 88

Payment Services Merchant Services Payment Methods compliance 88

Stax

AUGUST 20, 2024

In today’s digital age, more and more consumers are shopping online. With that, it’s no longer possible for merchants to check ID or signature to ensure that the person making a purchase is who they say they are. This has led to an increased need for security measures to protect both merchants and customers.

Payment Methods 88

Payment Methods Merchant Services Payment Services Payment Solutions 88

Stax

SEPTEMBER 26, 2024

This is good news because it means you won’t have to inflate your base prices to cover payment processing fees. These fees help the business offset the cost of credit card processing fees, which the merchant typically has to pay to the card issuer and payment processor. Learn More What is a Credit Card Surcharge?

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 88

Stax

JANUARY 15, 2024

Learn how to achieve payment processing compliance when surcharging to improve your company’s financial stability and reputation. TL;DR Credit card surcharging involves adding a fee to transactions with credit card payments, offsetting processing costs. Encouraging Alternative Payment Methods. Interchange fee management.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

FEBRUARY 28, 2024

But if you’re a B2B solution, there’s a high likelihood that businesses will be interested in being able to accept customer payments, rather than just sending them a PayPal link or to a generic payment gateway. How do you add payment processing capabilities to your software? By partnering with a trusted SaaS billing platform.

Payments 88

Payments SaaS Payments Payment Services Merchant Services 88

Stax

AUGUST 1, 2024

One way to do that—though often overlooked—is to optimize their payment processing to reduce fees associated with credit card purchases. With it, merchants can transfer the processing costs to customers who choose to make credit card payments. This applies to both in-store and online purchases.

Merchant Services 88

Merchant Services Payment Services Payment Methods Stax 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. For example, if you have a project management app, then you can add payment features that allow people to use your software to take payments from their clients.

Merchant Services 88

Merchant Services Payment Services SaaS Payments Payments 88

Stax

MAY 21, 2024

Legal technology handles billables, case management, and document management. As software and management systems have progressed in the modern age, time-consuming tasks like recurring payments and client management are streamlined through this process. This is where Stax Connect comes in.

Payment Solutions 88

Payment Solutions Payment Services Payments Software Review 88

Stax

APRIL 23, 2024

ACH payments are a convenient way for business owners, individuals, and employers to use intuitive automated banking throughout their daily lives. Most small business owners and employers are turning to ACH payments instead paper check payments because of the ease and instant access the ACH network provides.

Payment Methods 88

Payment Methods Payment Services Payment Solutions Payment Features 88

Stax

JUNE 18, 2024

Not only do you need to stay compliant with tax and revenue recognition rules; you also want to bill and send invoices on time to avoid late payments and impacts to your cash flow. A robust billing solution eliminates manual management of payment collection and invoicing, so you can focus on other parts of your business.

Payment Features 88

Payment Features Payment Solutions Payment Services Payments 88

Stax

JULY 1, 2024

Paychex Flex is their online payroll software solution designed specifically for small businesses. All plans automate the payroll process and tax filing services for employee and contractor payments, as well as employee self-service for access to tax forms and pay stubs. Plus: $80/month base price, plus $12/month per person.

Payment Solutions 88

Payment Solutions Payment Services Payment Methods Payments 88

Stax

JULY 2, 2024

It can also help automate financial tasks like payment processing, invoicing, payroll management, and much more. It will also automate the process of sending them to customers and tracking payments. You can check out online review online platforms to see what current and old users have to say about the platform.

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Payment Solutions Payment Services Payment Methods SaaS Payments 88

Stax

MAY 2, 2024

This works similarly to the automatic deduction method, just that money goes through a third account. For example, on top of the documents needed when applying for an MCA, the lender will also need to check your credit rating. According to Fed Small Business in 2022, 40% of small businesses applied for traditional methods of financing.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payments 88

Stax

JANUARY 8, 2024

For SaaS companies, becoming a payment facilitator (or PayFac) offers a ton of advantages—including but not limited to—boosting retention and profitability while exercising greater control over the customer experience. For example, the breakdown of old hardware, human errors, or malware can cause a hindrance to payments.

Merchant Services 88

Merchant Services Payfac Payment Services SaaS Payments 88

Stax

FEBRUARY 19, 2024

Some examples of niches targeted by vertical SaaS providers include healthcare, eCommerce, finance, and education. Among other functions, it assists companies with liaising with healthcare professionals, tracking sales metrics, data analytics, and process documentation. Contact us to learn more about Stax Connect.

SaaS Payments 88

SaaS Payments Payment Services Payments Payment Solutions 88

Stax

NOVEMBER 27, 2023

That’s the amount of non-cash payments made in the U.S. Even if you’re not in the financial industry, you’ll need a payment processor or payment service provider (PSP) to start generating revenue, which means you’ll need to either have a proper risk management framework in place—or work with a PSP that has one.

Merchant Services 88

Merchant Services Payment Services Systems Review Technical Review 88

Stax

NOVEMBER 29, 2023

Request Quote Basics of the Profit & Loss Statement Also known as an income statement, the profit and loss statement is a financial document that provides a snapshot of a business’s revenues, costs, and expenses over a specific period of time. Public companies will always use the accrual method.

Payment Services 88

Payment Services Payment Methods Software Review Payments 88

Stax

APRIL 17, 2024

Companies and software providers that embed payment solutions into their services and platform are likely to attract and retain more customers. By using a cloud-based integrated payment software solution, you can provide a streamlined user experience while also earning an additional revenue stream through monetization.

Payments 68

Payments Merchant Services Payment Methods Payment Services 68

Stax

APRIL 10, 2025

Question: what’s the best way for your business to get paid while satisfying your customer’s need for varied payment options and convenience? Answer: know the top modes of payment your customers prefer, and ensure you accept them. You will need POS terminals to accept and process in-person card payments.

Payment Methods 88

Payment Methods Payment Services SaaS Payments Payment Solutions 88

Stax

MARCH 11, 2025

Customers in this age of instant gratification always expect a smooth and seamless online payments experience. As a business owner, you must have a clear understanding of how online payments processing works to be able to create a hassle-free checkout process that will keep buyers coming back to your eCommerce store.

Payment Methods 88

Payment Methods Payment Services Merchant Services SaaS Payments 88

Stax

JANUARY 21, 2025

If youre like many people, its been a while since you last made a payment exclusively with cash. said theyve used electronic payment methods to make a transaction in the past three months. Credit and debit cards, digital wallets , ACH transfers , and other digital payments have become the norm.

Payment Methods 88

Payment Methods Payment Services Merchant Services Payment Solutions 88

Stax

NOVEMBER 21, 2024

Whether you are starting a new online store or looking to grow your existing brick-and-mortar small business, you must make provisions for accepting credit card payments. In this article, you will discover all you should know about credit card payment processing for small businesses.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

FEBRUARY 19, 2025

When adding payment features for software users, the importance of including customer support for payment processing is no different. There is a constant debate regarding the cost benefits and challenges of outsourcing customer support when looking into adding payment integration features for your software users.

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Outsourcing Services Payments Payment Services Merchant Services 88

Stax

NOVEMBER 14, 2024

And yet, accepting non-cash forms of payments is more or less required to operate a modern business, at least in the U.S. Credit, debit, and digital payments have far and away become the most popular payment method. Cash has dropped to less than 20% of all US payments in recent years.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88