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What is a Payment Processing System and How Does It Work?

Stax

To address evolving customer demands and accept electronic payments, you need a payment processing system. A good system plays a vital role in managing cash flow, alleviating fraud risk, and enhancing customer satisfaction. This article dives into what a payment processing system is, how it works, and its benefits.

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The Ultimate Guide to Ecommerce Payment Solutions

Stax

Types of payment systems include hosted gateways, self-hosted gateways, and API-based payment systems. Here are the players and how they work together: Payment gateway – The customer-facing application connecting the eCommerce store to the payment processing system. But your business needs might change over time.

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How to Find the Right POS System Retail: A Step by Step Guide

Stax

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. TL;DR When shopping around for a modern POS system for retail businesses, you should consider a few critical requirements.

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Everything You Need to Know About Secure Payment Processing Systems

Stax

Having and maintaining secure payment systems is integral for protecting yourself and your customers. Enter secure payment systems (SPS). TL;DR Secure payment systems are crucial for eCommerce stores and companies to utilize because they protect both consumers and businesses from theft and fraud.

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How to Select the Best POS System for Small Business

Stax

Years ago, point-of-sale (POS) systems were reserved for large enterprises with big budgets. Today, a small business is barely complete without a POS system. If you feel left out, the good news is that there’s a POS system out there ideal for your business. Thanks to the rise of SaaS platforms, that’s no longer the case.

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What is an ISV Partner? Here’s Everything You Need to Know About Independent Software Vendors

Stax

Think: cloud platforms and operating systems like Microsoft, Amazon Web Services (AWS), the Salesforce ecosystem, or a payment platform. This could mean building an app that runs on Azure, integrating payments through Stax Connect , or creating an add-on for Oracles software suite. What is an ISV Partner? Pro tip: plan ahead.

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How to Find the Best SaaS Billing Platform: A Complete Guide

Stax

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. This includes subscription management, revenue recognition, dunning management, integrations with other business systems, fraud prevention, and more. Adaptive pricing strategies.