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Acquisition of BlockChyp brings new technology and industry expertise to Stax, furthering its evolution as a leading payment processor ORLANDO – October 1, 2024 – Stax , a leading payment technology provider, today announced its acquisition of BlockChyp , further expanding the company’s end-to-end processing capabilities.
To the incredible Stax community: allow us to take a moment to recognize a milestone that we are extraordinarily proud of—our 10th anniversary. Sprinkled throughout this article are quotes from some of Stax’s long-standing employees, because who better to tell the company’s story than the people who help make it happen?
Experienced payments and sales executive joins Stax leadership team to drive accelerated growth for Stax Connect and embedded payments. Stax Payments , Inc., As head of ISV Business Development at Stax, Krahl will drive market penetration into key Stax industries such as field services, healthcare, and professional services.
Stax Payments , a leading payment technology provider, has appointed Mark Sundt as Chief Technology Officer. As CTO, Sundt will accelerate the delivery of new products, features, and functionality that unlock and drive increased value for Stax customers and partners. To learn more about Stax, visit staxpayments.com.
As industry leaders in billing software, our mission is to help our customers work more efficiently, recover more revenue, and effortlessly collect invoices. Stax Bill simplifies invoice and subscription billing management by automating manual financial processes. said Suneera Madhani, founder and CEO of Stax. “The
These days, software is no longer just a toolits the backbone of how modern businesses operate. At the heart of this transformation is a growing ecosystem of Independent Software Vendors (ISVs) building applications that plug into broader platforms and solve specialized problems. What is an ISV (Independent Software Vendor)?
Field service management software is a system that helps a company monitor and coordinate their employees’ activities off the company’s premises. The software allows managers to view and modify work schedules, orders, inventory, invoices, customer account records, and other records in the database.
The SaaS space is one of the most dynamic industries out there, which is why smart comapnies team up with strategic partners to drive growth and innovation. An ISV partner is a software vendor that partners with an ISV and provides additional services or technology. Its purpose?
We caught up with payment experts from Forrester and Stax to help you navigate these evolving times and achieve success with embedded payments. One of the best ways for SaaS businesses to sustain growth, improve profitability, and drive innovation is to offer value-added services. What are embedded payments?
This could be a subscription box, a SaaS (Software as a Service) product, or even just a streaming platform like Netflix. In this blog, we’re exploring how subscription management software works: The benefits, features, and what to look for in a best-in-class solution.
Worldpay states that its focus is on innovative, secure, and reliable payment solutions that cater to the evolving needs of customers. Worldpays separation from FIS also allows for greater flexibility in innovation, enabling the company to focus on advancing its technology and expanding its partnerships within the payments ecosystem.
Software companies are always on the lookout for new ways to build a better product offerings for their customers. This is especially true now more than ever before as Software-as-a-Service (SaaS) solutions continue to be amongst the fastest-growing segment within the tech world. Enter payment monetization.
Level Up Your Terminal with Stax Card Readers What is a Credit Card Terminal? Virtual terminals Virtual terminals are software-based interfaces that allow merchants to process payments via a computer or tablet. RELATED: Will a Stax Wireless Card Reader Improve Your Business?
Innovative ISVs and SaaS companies know that one of the best ways to provide value to merchants—while improving your bottom line—is to provide integrated payments. For example, if you’re an invoicing software provider that lets SMBs manage their billing, then it makes sense to add payment processing tools to your platform.
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?
The commerce landscape—whether it’s retail, services or software—is moving faster than ever. That’s why businesses are constantly seeking innovative ways to streamline operations and enhance customer experiences. For example, Stax has several useful API integrations to leading CRM tools, such as Hubspot, Xero, Wave and more.
As businesses increasingly go online, software vendors looking to offer integrated payment processing must consider incorporating payment tokenization as one of their data security features. The good news is that with a solution like Stax Connect, this need not be difficult or complicated.
Innovations in social engineering scams, sometimes conducted through social media, and phishing emails are designed to get the user to divulge sensitive information. Stax delivers an all-in-one payments platform that is secure, stable and customizable—and did we mention affordable?
To accept card payments, you’ll need a trusted payment processor to provide the hardware and software needed to process the transactions. With payment trends continuing to evolve, the most important move you can make is to choose a payment processor with modern hardware and software that can scale to your business needs.
There’s been a lot of discussion in recent months about the apparent phase-out of QuickBooks Desktop software. Will I still be able to use my existing QuickBooks Desktop software? QuickBooks Desktop is something of a linchpin in the accounting software world, with the first version of the program launching in 1998.
Many CRMs or accounting software like Salesforce and Netsuite can integrate with payment gateways. Trends in B2B Payments Like most aspects of life in the 21st century, the landscape of B2B payments is undergoing significant transformation fueled by digital innovation. Most often, this link would be embedded in an electronic invoice.
To make that easier for you, some of the most popular brands currently in use are: Clover (by First Data): Clover is a popular brand known for its sleek and user-friendly payment terminals, which integrate with a range of business management tools and software. Square Terminals, while popular, do only work with Square systems.
Fintech comes from “financial technology” and it’s the application of innovative technology in the financial services industry. Their platform seamlessly integrates with the Stax Connect API to help its customers accept ACH , eChecks, and card payments. It integrates fintech solutions to enable billing capabilities.
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. Get in touch with Stax to discuss your needs.
As the business landscape continues its unstoppable evolution, the necessity for operational efficiency and innovation becomes even more pronounced. Setting up recurring payments Select a Recurring Billing Software Platform: The solution you choose must support recurring payments and integrate seamlessly with your existing operations.
Others such as Stax Pay use interchange pricing with a monthly subscription fee for merchant services, making it easy to understand credit card processing costs. This is where CardX by Stax comes in. In this model, merchants pay the interchange fee set by card networks, in addition to a fixed markup levied by the processor.
Most important to improving inventory efficiency is using inventory management software. This software keeps your inventory organized and tracked, as well as offering analysis to improve your buying strategy. CardX by Stax enables you to maximize profitability through an automated and fully compliant surcharging program.
The following should be considered: Online banking capabilities: User interface, account management features, and integration with business software can streamline financial management and save time. Specialized features tailored to specific business needs, such as integration with accounting software , can also be a deciding factor.
Companies and software providers that embed payment solutions into their services and platform are likely to attract and retain more customers. By using a cloud-based integrated payment software solution, you can provide a streamlined user experience while also earning an additional revenue stream through monetization.
Navigating the world of payments can be complicated, especially when you’re running a software business with many moving parts. For modern software businesses, payments adoption holds the key to staying competitive and meeting the evolving expectations of consumers.
In a recent interview with Austin Prey from PYMNTS , Adam Gray , Chief Transformation Officer at Stax, shared his perspective on the challenges and opportunities facing independent software vendors (ISVs) as they integrate payment solutions to meet the diverse needs of their merchant customers. Contact sales
For companies looking to scale, Independent Software Vendors (ISV) are a crucial tool that provides specialized software solutions that integrate seamlessly with existing business tools. As anISV, Stax works with a number of software partners to give sub-merchants total control over how they operate their businesses.
At Stax, we describe that journey in three key phases: build, launch, and grow. This recent Stax Connect webinar brings together payment leaders and experts to discuss how vertical SaaS companies can successfully build, launch, and grow their payment initiatives. ” “And that’s what our teams are like here at Stax.
Stax CTO, Mark Sundt , recently sat down with John Gaffney from PYMNTS for an eye-opening conversation about the exciting future of AI and how it’s poised to revolutionize the business world. During the interview, Mark talks about real-world examples of how AI has been successfully applied at Stax.
Stax Stripe Square PayPal Banks Contract Required No No No No Yes Early Termination Fees No No No No Yes Card Present Processing Pricing $99/month + 8¢ per transaction + interchange 2.9% + 30¢ per transaction (includes interchange) 2.6% + 10¢ per transaction (includes interchange) 2.7% With Stax, your payment processing statement is simple.
The payment gateway : this is a cloud-based payments software integrated with your website thats responsible for the secure transfer of your customers credit card information to your payment processor. Stax Pay offers an embedded payment gateway you can easily incorporate with your website using the Stax API.
It is also known as markup-pricing, and unlike software development where you develop one product and resell the same product to multiple customers, it’s practically only applicable to physical products that require you to invest capital to produce each product unit.
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