Stax

NOVEMBER 27, 2023

KYC’s three main components are the customer identification program (CIP), which was imposed by the USA Patriot Act in 2011; customer due diligence (CDD); and regular monitoring of the customer’s account and activities, which is also called enhanced due diligence (EDD). In the U.S.,

Merchant Services 88

Merchant Services Payment Services Systems Review Technical Review 88

Stax

JUNE 20, 2024

An ISV partner is a software vendor that partners with an ISV and provides additional services or technology. It expands the core functionality of a software solution through access to complementary technologies and resources, fueling product enhancements and differentiation.

SaaS Payments 88

SaaS Payments Payment Services Payments Stax 88

Stax

JUNE 25, 2024

Make sure you consult key stakeholders, read independent customer reviews, and try out the payments solution before committing to an integrated payments solution. However, it can be harder for nonprofits to understand due to the level of detail from combining interchange rates and card network assessments. Just how it should be.

Payment Solutions 88

Payment Solutions Merchant Services Payment Services Payment Methods 88

Stax

DECEMBER 4, 2023

Best practices for ensuring AML compliance as a PayFac include continuously updating your AML policies, utilizing advanced technologies for monitoring, periodic internal reviews and audits, and engaging with AML experts and consultants. Transaction monitoring and reporting Onboarding sub-merchants following thorough KYC isn’t enough.

Merchant Services 88

Merchant Services Payment Services Payfac Technical Review 88

Stax

JANUARY 8, 2024

Not only must PayFacs safeguard themselves and their clients against potential threats like fraud or cybersecurity breaches but also ensure PCI compliance , customer due diligence, and adherence to card regulations. Most PayFacs have technology in place to prevent these breaches.

Merchant Services 88

Merchant Services Payfac Payment Services SaaS Payments 88

Stax

DECEMBER 20, 2023

The first step is to find a partner that can provide the right payment technologies and services to your customers. How a PayFac like Stax can help A business can choose to open a merchant account on their own but the process can be laborious and time-consuming. How exactly can you get your users started with payments?

Merchant Services 88

Merchant Services Payment Services SaaS Payments Payments 88

Stax

JUNE 4, 2024

TL;DR A payment processor is one of the most important components of your tech stack. You may be better off with a platform-agnostic payment processing software like Stax Payments, which works with a number of leading solutions. For example, Stax offers lower transaction fees for high transaction volumes.

Payment Services 88

Payment Services Merchant Services Payment Solutions Payment Methods 88

Stax

SEPTEMBER 17, 2024

That’s where Stax comes in. Logs should be retained for a minimum period and should be regularly reviewed to identify and respond to suspicious activities or potential breaches. Stax is a Level 1 PCI Service Provider. Level 1 is the highest level of PCI compliance, and protecting sensitive data is a top priority at Stax.

Payment Services 88

Payment Services Merchant Services Payment Methods compliance 88

Stax

DECEMBER 27, 2023

This is especially common for high-risk accounts, as more vetting and due diligence are typically required. High-Risk Merchant Accounts Process payments for high-risk industries Online gambling, pharmaceuticals, insurance, subscription businesses Specialized approval process, secure transactions Higher fees, additional due diligence.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Solutions 88

Stax

FEBRUARY 28, 2024

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. Join the Payments-Led Growth Movement Sign up to keep up-to-date with the latest trends in payments, vertical SaaS, and technology from industry experts. Real-time insights.

Payments 88

Payments SaaS Payments Payment Services Merchant Services 88

Stax

APRIL 18, 2024

Examples of popular SaaS apps include Shopify, an eCommerce platform, Dropbox, a cloud storage service, and Stax Bill, an automated payment processing system. ISVs vs SaaS: An Overview Technically speaking SaaS companies are also ISVs because they develop software. Consider Stax’s partner program.

Outsourcing Services 88

Outsourcing Services SaaS Payments Payment Services Payment Methods 88

Stax

DECEMBER 20, 2023

Stax, for example, charges 0% markups on top of interchange, giving you the lowest percentage per transaction rate. For example, Stax charges a flat monthly membership in exchange for a 0% markup rate, a transaction cost of just a few cents, and no ancillary fees.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Features 88

Stax

JANUARY 17, 2024

ACH transactions are one of the fastest-growing modes of electronic payments in the world due to the convenience they offer, low processing costs, and enhanced security. Most ACH PayFacs offer instant onboarding , making it quick and easy for merchants to start accepting payments. This provides an additional layer of security.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

MARCH 12, 2024

Customer payment behaviors How quickly or slowly your customers make payments has a direct impact on DSO, as timely payments by the due date keep DSO low. When interest rates are high, companies may have a less liquidity due to paying bigger loans or having difficulty securing lending, which has a knock-on effect on vendors.

Payment Features 88

Payment Features Payment Methods Payment Services Stax 88

FastSpring

DECEMBER 7, 2022

In this guide, we present eight alternatives to Chargebee that help relieve some of these burdens for users, starting with an in-depth review of our solution, FastSpring. Finally, some subscription management tools require a lot of technical skills to set up and use. Chargebee alternatives in this list: FastSpring. Zoho Subscriptions.

Payment Methods 148

Payment Methods Merchant Services Payment Services Payments 148

Stax

JULY 25, 2024

User-friendliness is one of the most overlooked features of POS systems, but a crucial factor whether your team is tech-savvy or not. Do you have a team and how tech-savvy are they? If your team is less tech-savvy, get a POS system with an intuitive interface and easy training. Think about the future.

Point of Sale 88

Point of Sale Payment Methods Payment Solutions Payment Services 88

Natalia Luneva

APRIL 24, 2025

Seamless Onboarding and Verification Process Stripe Connect offers a quick, user-friendly onboarding process that ensures regulatory compliance. Stripe also offers an active developer community and direct technical support. Pre-built plugins enable quick integration with minimal technical effort.

Stripe Connect 40

Stripe Connect Merchant Services Payment Services Payments 40

Stax

APRIL 17, 2024

When it comes to payments,partnering with an ISV like Stax Connect is a great way for companies to go to market with their own payment platform. “We found what we were looking for with Stax,” says Elena Battles, Director of Customer Experience.”

Payments 68

Payments Merchant Services Payment Methods Payment Services 68

Stax

FEBRUARY 19, 2025

As anISV, Stax works with a number of software partners to give sub-merchants total control over how they operate their businesses. Companies that adopt ISV solutions see higher customer retention and satisfaction due to smoother interactions and more personalized service. What is an API? Whats the value of an API?

Payments 88

Payments Merchant Services Payment Services Payment Solutions 88

Stax

NOVEMBER 21, 2024

Stax, Payment Depot, and CardX are three of the very best providers in the industry. These processes are facilitated by a network of financial institutions and technologies that work together to ensure the seamless and secure transfer of data and funds. You are likely better off opting for a third-party platform.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

FEBRUARY 19, 2025

Expertise Required: Companies need in-house knowledge of payments technology, compliance, and troubleshooting. How to mitigate this risk: Before committing to a provider, carefully review contract terms to ensure flexibility. Conduct live training sessions and offer ongoing support to keep the provider updated on any software changes.

Outsourcing Services 88

Outsourcing Services Payments Payment Services Merchant Services 88

Stax

JANUARY 21, 2025

You can easily monitor things like restocking, returns, and sales with the right POS technology. The system also needs to be easy enough to use that you dont have to constantly refer to your manual or call for help from tech support constantly. Customer support It doesnt matter how tech-savvy you are.

Point of Sale 88

Point of Sale Payment Solutions Payment Services Merchant Services 88

Stax

OCTOBER 14, 2024

Involve your technical team. Their expertise is invaluable for assessing the technical compatibility of the payment processor with your systems, especially if custom integrations or API usage is required. Ask about the training resources and onboarding support the processor provides. Explore reporting capabilities.

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88