Merchant Services Software Development Stax 
Stax
JULY 9, 2024
We can hail a ride from a mobile app, and our transactions for all sorts of goods and services can be easily paid for from our phones. Physical wallets are phasing out, left behind in favor of digital wallets and other digital payment options. In 2019, 77% of US consumers were using at least one type of digital payment system.
Stax
APRIL 17, 2025
In the payments industry, choosing the right ISV partner is critical; look for robust APIs, hardware support, strong onboarding, and fair revenue-sharing models. What is an ISV (Independent Software Vendor)? Unlike in-house developers that build tools for internal use, ISVs create software intended for external customers.
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Stax
FEBRUARY 15, 2024
FIS Global reports that in Norway, Sweden, and other Scandinavian countries, more than 90% of transactions processed at point-of-sale (POS) in 2023 were cashless. The writing on the wall is clear—businesses need to start accepting digital payments and software providers need to start offering payment services one way or another.
Stax
JULY 16, 2024
Cash payments are passé. Consumers are increasingly opting for debit and credit cards or other digital payment methods—for in-store and eCommerce purchases alike. This was a huge leap from 2018 when only 29% used cashless payments for the same. This was a huge leap from 2018 when only 29% used cashless payments for the same.
Stax
AUGUST 20, 2024
Airline credit cards, payment plans for costly items, and car rental insurance are forms of embedded finance that have been around for a while. Some challenges and considerations of embedded finance and fintech involve regulatory and compliance issues, data privacy and security, and stiff competition.
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