Stax

JANUARY 31, 2024

If your company accepts credit card payments ( which it should ), chances are, you’re going to be affected by Visa’s interchange rates. Visa is one of the biggest payment networks in the world, with ~4.2B These rates are set and collected by the network for processing transactions and maintaining the payment infrastructure.

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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.

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Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

MARCH 14, 2024

Yet, while time has provided customers and businesses with more education on the security benefits of EMV card chips, many businesses and consumers are still confused about key components. The chip does not affect the price of processing payments. You will still be subject to the costs of debit vs. credit payments, etc.

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Payment Methods Merchant Services Payment Services 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.

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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

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.

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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.

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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.

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Merchant Services Payment Methods Point of Sale Stax 68

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.

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Merchant Services Payment Services Payment Methods Payment Solutions 88

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.

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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.

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SaaS Payments Payment Services Payments Payment Solutions 88

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JANUARY 28, 2025

Completing online payments via manual card entry can be time-consuming and off-putting for customers. Click to Pay completely removes the need to enter credit card information during online purchases, making it more convenient and faster than manual card entry. Learn More What is Click to Pay?

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Payment Methods Payment Services Merchant Services SaaS Payments 68

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.

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Merchant Services Payment Methods Payments Payment Services 68

Stax

OCTOBER 17, 2024

Navigating the world of payments can be complicated, especially when you’re running a software business with many moving parts. Embedding payments is a great first step, but encouraging merchants to adopt payments and onboarding them is another hurdle many ISV/SaaS businesses run into.

Stax 88

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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

MARCH 20, 2025

Here is the price of rotisserie chicken on the Costco website: Here is the price of rotisserie chicken on Erewhons website: From the images above, it’s clear that there is a big difference in the prices of a similar product from two different retailers. In the 1990s, Blockbuster Video was the dominant home video rental brand.

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