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Everything You Need to Know About Secure Payment Processing Systems

Stax

Data protection and security are crucial not just for safeguarding customer information, but for protecting business owners as well. Having and maintaining secure payment systems is integral for protecting yourself and your customers. Enter secure payment systems (SPS). What Are Secure Payment Systems?

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Best Invoicing Procedures: How to Handle Invoices for Small Businesses

Baremetrics

Invoicing is a sales process where a seller issues a commercial document to a buyer requesting payment. This document shows all products and services rendered, the payment owed, and the contact details of both the buyer and the seller. An invoice also represents credit because the seller will only receive cash at a future date.

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5 Benefits of ACH Payments Over Check Payments

Stax

ACH transfers, or payments made through the Automated Clearing House network, account for billions of dollars in payments annually. In fact, NACHA, the nonprofit that governs the ACH payments network reported 6.1% in payment volume growth in Q4 2021. The ACH network is governed by a variety of regulatory bodies.

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Recurring Billing: Definition, How it Works, and Best Practices

Stax

For businesses offering subscriptions, memberships, retainers, and other recurring services, recurring billing is a powerful solution to streamline processes and ultimately enhance revenue generation. Consider this: Consumers are already conditioned to the subscription model. Learn More What is Recurring Billing?

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What is a Payment Management System?

Stax

TL;DR Payment Management Systems manage payment processing so you can accept payments, send invoices, track transactions, and view financial data. Government agencies have a payment management system to manage grant award payments, making the search for payment management system information more complicated.

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The Subscription Economy Comes to Government

Zuora

“Citizens tend to think of government as a kind of vending machine. The post The Subscription Economy Comes to Government appeared first on Zuora. They put in taxes and get out services […].

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Everything You Need to Know About Credit Card Processing

Stax

These are not banks, but rather governing bodies that set interchange rates, and arbitrate between acquiring and issuing banks. Read on to the next section to learn more about pricing models and how companies increase savings using Stax’s innovative subscription-based system.