Stax

JULY 9, 2024

Physical wallets are phasing out, left behind in favor of digital wallets and other digital payment options. There’s no question that cashless payment systems and digital payment adoption have accelerated over the last few years. In 2019, 77% of US consumers were using at least one type of digital payment system.

Payment Methods 163

Payment Methods Payment Services Merchant Services Payment Solutions 163

Stax

DECEMBER 20, 2023

When you research payment solution providers , you’ll start hearing the term “interchange” used when talking about payments. Set rate processing Subscription rate processing TL;DR Interchange fees are not collected by your payment processor or bank; they go directly to the card-issuing banks.

Payment Services 167

Payment Services Merchant Services Payment Methods Payment Solutions 167

Stax

MARCH 18, 2025

Steps To Implementing Payment Tokenization In the SaaS Industry The global economy is shifting to digital currencies andtransactions. Because of this,the concern for payment security is at an all-time high. Payment tokenization helps safeguard cardholder data, so your users can collect and process payments securely.

Payment Services 88

Payment Services Payment Methods SaaS Payments Merchant Services 88

Stax

MARCH 15, 2025

Enter payment monetization. Having a strategy to monetize payments gives SaaS companies an additional revenue stream while enhancing the customer experience and reducing customer churn. But how exactly should a SaaS company monetize payments? What is Payment Monetization?

Payments 88

Payments Merchant Services SaaS Payments Payment Services 88

Stax

JUNE 20, 2024

TL;DR An ISV partnership program facilitates collaboration between independent software vendors and SaaS platform providers, to foster symbiotic relationships that drive mutual growth. Learn More Understanding ISV Partner Programs An ISV partnership program facilitates collaboration between independent software vendors and platform providers.

SaaS Payments 88

SaaS Payments Payment Services Payments Stax 88

Stax

APRIL 30, 2024

Whether you run a small online store or a major brand, accepting electronic payments is a must for all businesses. According to Onbe, 73% of consumers prefer using digital payments like cards and payment apps. But to seamlessly receive these payments as a merchant, you’ll need merchant processing services.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 88

Stax

SEPTEMBER 17, 2024

A payment gateway is a must-have for online stores. In fact, research from 2023 shows that 69% of Americans said they’ve used a digital payment method in the past 3 months when making a purchase. And the best way for online businesses to start accepting payments is with a payment gateway.

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88

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

DECEMBER 20, 2023

Offering payment processing services is a move that makes sense for a lot of SaaS companies, particularly if your software helps your customers run their business. For example, if you have a project management app, then you can add payment features that allow people to use your software to take payments from their clients.

Merchant Services 88

Merchant Services Payment Services SaaS Payments Payments 88

Stax

MARCH 19, 2024

Business owners are increasingly showing an overwhelming preference for SaaS platforms with embedded payment capabilities as part of their offerings. Manual payment processing and disconnected software and payment solutions are dying out, and research by Sifted shows that the integrated financial services market will grow to $3.6

Payments 88

Payments Payment Services Payment Methods SaaS Payments 88

Stax

FEBRUARY 28, 2024

But if you’re a B2B solution, there’s a high likelihood that businesses will be interested in being able to accept customer payments, rather than just sending them a PayPal link or to a generic payment gateway. How do you add payment processing capabilities to your software? By partnering with a trusted SaaS billing platform.

Payments 88

Payments SaaS Payments Payment Services Merchant Services 88

Stax

NOVEMBER 6, 2023

Thankfully, with mobile payments from Stax , you can quickly accept and process payments from your customers. Learn all about mobile payments and why you may want to consider joining the Stax family to streamline payments and boost your small business’ productivity.

Merchant Services 88

Merchant Services Payment Methods Mobile Payments Payment Services 88

Stax

FEBRUARY 26, 2024

Every business operates differently, but the one thing they all have in common is that every business accepts payments. New payment tools like NFC contactless payments that help your business grow and provide a high-quality customer experience are in high demand. Learn More What Is a Contactless Virtual Terminal?

Payment Methods 88

Payment Methods Payment Services Merchant Services Payment Solutions 88

Stax

JANUARY 29, 2024

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.

Merchant Services 88

Merchant Services Payment Services SaaS Payments Payments 88

Stax

APRIL 18, 2024

With cashless now BEING king, credit and debit cards are the primary method for your customers to make payments. of consumer payments came through card payments. And electronic payments were at 14.2%, closing in on cash at 15.5%. Credit card and debit card payment processing fees apply to them all.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Subscription Flow

MARCH 25, 2024

A Merchant of Record ecommerce solution acts as a vital middleman, taking on the vital duty of financial and legal facilitation in transactions, acting as the visible party for both consumers and regulatory bodies. Tasks in this diverse role include managing payments, complying with tax laws, and reducing risks such as chargebacks and fraud.

Merchant Services 105

Merchant Services Payment Services Payment Methods Payment Facilitation 105

Stax

SEPTEMBER 19, 2024

Stax Bill) Order Management Fulfillment of orders according to agreed terms. Luckily, the emergence of robust billing and invoicing software platforms like Stax Bill have made it easy for sales teams to be more thorough and customer-friendly with their quotes. Risk of errors due to complexity. Billing and invoicing software (e.g.,

Payment Services 88

Payment Services Payment Solutions Payments Payment Features 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. For example, the breakdown of old hardware, human errors, or malware can cause a hindrance to payments.

Merchant Services 88

Merchant Services Payfac Payment Services SaaS Payments 88

Stax

JULY 9, 2024

More and more, cash-only businesses are falling by the wayside, unable to keep up with consumer demand for convenient electronic payments. The world of Electronic Funds Transfer (EFT) payments is vast, spanning just about every payment method you can think of. This post covers everything you need to know about EFT payments.

Payment Methods 88

Payment Methods Payment Services Merchant Services Payment Solutions 88

Stax

DECEMBER 27, 2023

Accepting payments is the most important functionality that a business needs to start selling. But to accept payments seamlessly and securely, you need a merchant account. A merchant account refers to a business bank account that allows businesses to accept electronic payments for goods and services.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Solutions 88

Stax

NOVEMBER 11, 2024

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. TL:DR ACH Payments are essentially digital check payments.

Payment Services 88

Payment Services Payment Methods Merchant Services Payments 88

Stax

NOVEMBER 13, 2023

Since the first plastic credit card was issued by American Express in 1959 , payment tech progress has been growing exponentially. Magnetic stripe payments enjoyed a 30-year reign between the ’70s and ’90s. Contactless payments became a must-have during COVID. NFC technology is in the midst of an evolution.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Solutions 88

Stax

NOVEMBER 6, 2023

In this article, we’ll take a closer look at what data tokenization means, how it works, and the role it plays in payment processing. Payment tokenization is a subset of data tokenization where tokens replace confidential payment data such as customer credit card information. Let’s get started.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

MARCH 21, 2024

In this article, we’ll explore the many benefits of SaaS and how to implement SaaS payments. Because of their many benefits, businesses have realized the need for implementing SaaS payments as well. Implementing SaaS Payments Because of their many benefits, businesses have realized the need for implementing SaaS payments as well.

SaaS Payments 88

SaaS Payments Payment Services Payments Payment Methods 88

Stax

FEBRUARY 26, 2024

We can see this trend in action in the realm of payment processing with the advent of recurring payments, also known as automatic payments. So, let’s dive into the realm of recurring payments and how they can benefit your business. Learn More What are Recurring Billing and Payments? How Do Recurring Payments Work?

Payment Services 88

Payment Services Payment Features Merchant Services Payment Methods 88

Stax

MARCH 15, 2024

Having and maintaining secure payment systems is integral for protecting yourself and your customers. Making sure there are secure payment technology policies and procedures within your company will guarantee the integrity of present and future transactions. Enter secure payment systems (SPS). What Are Secure Payment Systems?

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

AUGUST 29, 2024

The dominance of cashless commerce means only businesses that ensure the seamless processing of in-store and online credit and debit card payments will remain competitive. The question is: how do payment service providers work and how can you choose the right one for your business?

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

FEBRUARY 28, 2024

Even if the consensus is out that it’s okay for merchants to not incur costly transaction fees if accepting credit card payments, it can be difficult to understand how to collect surcharge fees from your customers and retain your customer base. Customers can choose to pay the fees or select an alternative form of payment.

Merchant Services 88

Merchant Services Payment Services Payment Methods Stax 88

Stax

MAY 30, 2024

Matching bank and Square feeds to expenses and payments is super easy, making my work a lot quicker.” – Stephanie P., It helps you with automatically sending invoices, managing your products and services, and sending payment reminders. Request a custom quote to see how Stax Pay can work for you.

Payment Solutions 88

Payment Solutions Payment Methods Payment Services Technical Advisors 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

JANUARY 31, 2024

If your company accepts credit card payments ( which it should ), chances are, you’re going to be affected by Visa’s interchange rates. Visa is one of the biggest payment networks in the world, with ~4.2B They cover the costs of managing the network, ensuring security, and facilitating the transfer of funds between banks.

Payment Services 88

Payment Services Merchant Services Payment Methods Accept Credit Card Payments 88

Stax

APRIL 2, 2024

While some businesses have accepted swipe fees as a way of life, small business owners may struggle with remaining profitable while also providing a range of payment options. That means if a customer wants to make a credit card purchase, they’ll be charged an additional fee to cover the payment processing costs. Keep it simple!

Merchant Services 88

Merchant Services Payment Methods Payment Services Accept Credit Card Payments 88

Stax

MAY 7, 2024

Cashless transactions have dethroned the age-old cash payments. trillion in the US in 2022, accepting card payments is no longer a question of whether to, but how to. To complete payment processing, credit card companies have to charge processing fees. When was the last time you withdrew cash from an ATM?

Merchant Services 88

Merchant Services Payment Services Payment Methods Accept Credit Card Payments 88

Stax

MARCH 14, 2024

During the 2020s, almost all businesses will have been looking at b2b payments processing solutions to meet changing consumer needs. Online and contactless adoption multiplied, and digital payments rose. consumers using two or more types of digital payment methods increased by 8%. Learn More What are B2B Payments?

Payment Services 88

Payment Services Merchant Services Payment Methods Payments 88

Stax

JANUARY 10, 2024

Credit card fees, including interchange, assessment, and payment processor fees, impact businesses on a per-transaction or recurring basis. the merchant’s business type, and the terms of the merchant’s agreement with their payment processor. Usually, interchange fees will range between 0.3-2%

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Facilitation 88

Stax

DECEMBER 4, 2023

For any merchant selling products or services online, it’s always a good idea to allow customers to make payments on their platform itself—instead of redirecting them to a third-party website or gateway. In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac).

Merchant Services 88

Merchant Services Payment Services Payfac Technical Review 88

Stax

FEBRUARY 19, 2024

And if you’re planning to offer credit card processing services with your software, be sure to partner with a solid payment facilitator like Stax Connect. With Stax Connect, you can quickly fuel the growth of your platform and enable payments for your users. Contact us to learn more about Stax Connect.

SaaS Payments 88

SaaS Payments Payment Services Payments Payment Solutions 88