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 Payment Services Payfac SaaS Payments 88

Stax

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

APRIL 18, 2024

Independent Software Vendors (ISVs) and Software-as-a-Service Providers (SaaS) operate within the same market, thus creating a push-and-pull revenue dynamic. TL;DR ISVs develop and distribute software products independently and often collaborate with hardware manufacturers and platform providers. Learn More What are ISVs?

Outsourcing Services 88

Outsourcing Services SaaS Payments Payment Services Payment Methods 88

Stax

MAY 20, 2024

Although your business has received payment, this cannot be credited to your bottom line until delivery of the product is completed. This is important for subscription businesses due to recurring advance payments. Insurance policies or service contracts where payment is taken upfront, as this represents a long-term liability.

Payment Features 167

Payment Features Payments Payment Services SaaS Payments 167

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

JULY 11, 2024

All this to say that Apple Pay is a big deal, and if you t ake credit card payments in your business, it’s worth learning more about this mode of payment. Ensure you have the right NFC-enabled POS equipment, and configure your payment terminals to start accepting Apple Pay. TL;DR With 1.3 Learn More What is Apple Pay?

Merchant Services 88

Merchant Services Payment Methods Payment Services Point of Sale 88

Stax

JANUARY 3, 2024

Once a relatively niche offering, the COVID-19 pandemic saw retailers accelerate the rollout of self-checkout systems, their contactless nature making them a lot more appealing than traditional checkouts for many consumers. TL;DR Self-checkout systems are automated checkout solutions that allow customers to process purchases independently.

Payment Solutions 88

Payment Solutions 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. The potential impact of failed or inadequate internal systems, processes, procedures, etc. Let’s get started.

Merchant Services 88

Merchant Services Payfac Payment Services SaaS Payments 88

Stax

MARCH 12, 2024

But in reality, companies often have to spend considerable time and resources chasing down late payments that are stuck in Accounts Receivable. Promptly collecting payments from your customers is essential to run a sustainable business. In fact, 81% of large retailers say that real-time payments are critical to their operations.

Payment Features 88

Payment Features Payment Methods Payment Services Stax 88

Stax

NOVEMBER 20, 2023

Small Business Saturday, or SBS, is a much-anticipated shopping event that takes place between the Black Friday and Cyber Monday holiday shopping frenzy. The 13th annual event is set for November 25th this year. The 13th annual event is set for November 25th. Here’s everything to know about Small Business Saturday.

Payment Methods 88

Payment Methods Merchant Services Payment Services Stax 88

Stax

JANUARY 24, 2024

Dynamic pricing systems refer to pricing models where the price of goods and services fluctuate based on a range of factors. Together, these strategies have paved the way for more sophisticated and responsive dynamic pricing systems, which use machine learning to make thousands of pricing decisions per minute.

Payment Methods 88

Payment Methods Pricing Airlines Payment Solutions 88

Stax

NOVEMBER 29, 2023

This information can be pulled from accounting software like Quickbooks if it is up to date with transaction data from sources like your payment platform provider. Other expenses include: Interest expenses: These are costs incurred due to interest payments on loans or credit facilities.

Payment Services 88

Payment Services Payment Methods Software Review Payments 88

Stax

MAY 6, 2024

Having a secure platform for managing customer and payment data is paramount to building and maintaining trust, and you can’t do that with poor systems and practices. In our latest webinar, Garrek Harris, Director of Platform Management at Stax, discussed the ins and outs of data security for merchants and ISVs.

Payment Services 88

Payment Services Merchant Services compliance SaaS Payments 88