Stax

NOVEMBER 13, 2023

Since the first plastic credit card was issued by American Express in 1959 , payment tech progress has been growing exponentially. Magnetic stripe payments enjoyed a 30-year reign between the ’70s and ’90s. Contactless payments became a must-have during COVID. NFC technology is in the midst of an evolution.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Solutions 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

NOVEMBER 15, 2023

If you’re selling anything at all these days—online or in-person—it’s absolutely imperative to learn about interchange fees. They significantly impact the cost of accepting card payments. These fees help cover the costs of processing the payment and maintaining the card network. They are therefore non-negotiable.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JUNE 13, 2024

All the major credit card issuers have requirements that must be followed when designing cash discount signage, which boils down to providing the exact details of your cash discount program in legible letters on a banner positioned in visible locations in your store. The words are also big, bold, and easy to read.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Solutions 88

Stax

AUGUST 22, 2024

Digital payments are increasingly becoming the norm. According to Forrester’s data, digital payments are the most used payment method today, with 69% of American adults using them to make payments online. Businesses must therefore adapt and be able to accept such payments.

Merchant Services 88

Merchant Services Payfac Payment Services SaaS Payments 88

Stax

FEBRUARY 5, 2024

That’s why understanding surcharging—including its definitions, types, calculating methods, and best practices—can help you incorporate surcharging into your operations. Several types include credit card, fuel, service, payment processing, peak-time, environmental, regulatory, and minimum usage surcharges. Payment processing surcharge.

Merchant Services 88

Merchant Services Payment Services Payment Methods 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

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

SEPTEMBER 24, 2024

One of them is multiple payment options. While electronic payments have been rising in popularity, you still can’t ignore cash. According to YouGov Profiles , 67% of Americans still use traditional payment options for in-store purchases. Yet, many customers are attracted to electronic payment methods for many reasons.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JULY 5, 2024

Did you know that credit cards accounted for 31% of all payments in 2022? Credit cards are ubiquitous, and no business (regardless of its size) can afford to ignore credit card payment processing in the current landscape. That’s an all-time high since 2016, and the figure was even greater for higher-income households.

Merchant Services 68

Merchant Services Payment Methods Point of Sale Stax 68

Stax

JANUARY 3, 2024

Request Quote Understanding Self-Checkout Systems Self-checkout systems are automated hardware and software solutions that enable customers to process their purchases at retail stores, rather than needing the assistance of a cashier. App-based scanning and payment. The appeal of self-checkout stations is two-fold. Handheld scanners.

Payment Solutions 88

Payment Solutions Payment Methods Payment Services Payments 88

Stax

FEBRUARY 19, 2024

Some examples of niches targeted by vertical SaaS providers include healthcare, eCommerce, finance, and education. And if you’re planning to offer credit card processing services with your software, be sure to partner with a solid payment facilitator like Stax Connect. Contact us to learn more about Stax Connect.

SaaS Payments 88

SaaS Payments Payment Services Payments Payment Solutions 88

Stax

APRIL 4, 2024

According to Forbes , 32% of consumers use it as their primary payment method. But as great as they are for consumers, merchants know that accepting credit card payments comes with added costs in the form of processing fees. To avoid this, businesses can add a surcharge fee for credit card payments.

Merchant Services 68

Merchant Services Payment Methods Payments Payment Services 68