Stax

JANUARY 28, 2025

Step 2: Card recognition If there is a successful authentication, the checkout system will retrieve the customer’s stored card information and present the customer with a list of available card network options. The customer will then select their preferred means of payment. Your provider should help with this. Request a Quote

Payment Methods 68

Payment Methods Payment Services Merchant Services SaaS Payments 68

Stax

FEBRUARY 28, 2024

Here’s an interesting stat: 70% of businesses consider subscription and membership models indispensable for future commercial growth and expansion. They must engineer a well-rounded solution that makes handling subscriptions a breeze (and yes, it is as hard as it sounds). However, only 10% of them currently employ these models.

Payments 88

Payments SaaS Payments Payment Services Merchant Services 88

Stax

MARCH 18, 2025

However, a SaaS company providing global HR and payroll solutions may have a few hundred customers paying a monthly or annual feein other words, making recurring payments over a longer period of time. Churn is the percentage of customers that end their subscriptions within a certain amount of time. Churn rate.

Scale 117

Scale Payment Services Payments SaaS Payments 117

Stax

DECEMBER 20, 2023

With the majority of processors relying on negotiations and tacking on hidden costs like exorbitant setup fees, dishonest monthly subscription fees, or unfavorable long-term contracts, it can be hard to know what the best rates really are. However, the percentage markup rate does not give you a full picture of your processing costs.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Features 88

Stax

FEBRUARY 26, 2024

These businesses often conduct most of their business over the phone, submit electronic invoices, or have recurring monthly membership services fees. Virtual credit card processing terminals provide several up-to-the-minute security features, keeping your customers’ financial information safe.

Payment Methods 88

Payment Methods Payment Services Merchant Services Payment Solutions 88

Stax

AUGUST 29, 2024

The question is: how do payment service providers work and how can you choose the right one for your business? PSPs offer joint merchant accounts and flat-rate processing fees that make them ideal solutions for small businesses that only process payments occasionally. Read on to find out.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

NOVEMBER 11, 2024

Setting up ACH payments is easy with a great merchant account service like Stax. Learn More ACH Payment Versus Check Payments: What’s The Difference? Simply put, check payments are the analog version of ACH transfers. It is estimated that 75% of businesses have experienced check fraud.

Payment Services 88

Payment Services Payment Methods Merchant Services Payments 88

Stax

MARCH 6, 2024

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?

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Features 88

Stax

APRIL 30, 2024

Merchant service providers ensure that all these entities work cohesively and make the end-to-end payment process hassle-free through the following steps. Let’s assume the customer’s preferred payment method is a credit card: The customer makes a purchase and presents their credit card to the merchant.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 88

Stax

SEPTEMBER 17, 2024

Such solutions are increasingly important as eCommerce and online transactions continue to rely on credit card payments and other mobile payment solutions to simplify payments. Popular payment gateways include Authorize.net, Stax, Stripe, Adyen, and Square. What Is a Payment Gateway Account?

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88

SaaSOptics

MARCH 10, 2022

Is your company taking advantage of CFO tools like automated invoicing, database management, and automatic tax-compliance updates? This CRM tool keeps track of meetings, follow-ups, leads, communications (past, future, or present) so that you can tend to customer relationships in the most effective way possible. If not, read on.

Payment Services 87

Payment Services SaaS Payments Payments Payment Solutions 87

Stax

MARCH 14, 2024

An invoice would be sent, and it would need to be paid within an agreed timeframe. But the nature of such services could mean that monthly invoices are always different and plan terms are regularly changed. This business would have more intricate invoicing needs than the office space provider. It’s also cost-effective.

Payment Services 88

Payment Services Merchant Services Payment Methods Payments 88

Stax

JUNE 4, 2024

TL;DR A payment processor is one of the most important components of your tech stack. When comparing the payment service providers, you must consider factors like compatibility, security, payment methods, cost of equipment, processing fees, and room to scale to ensure you are making the right choice.

Payment Services 88

Payment Services Merchant Services Payment Solutions Payment Methods 88

Stax

MAY 30, 2024

The software allows managers to view and modify work schedules, orders, inventory, invoices, customer account records, and other records in the database. For example, let’s say one of your HVAC clients had issues with field service team tracking, work order management, and customer invoicing. Stax Connect ticks all of these boxes.

Payment Solutions 88

Payment Solutions Payment Services Merchant Services SaaS Payments 88

Stax

DECEMBER 20, 2023

SaaS companies can avoid having to integrate their software with that of gateways and banks, undergo thorough merchant underwriting, and submit mountains of documents by working with a trusted PayFac like Stax to make their software more comprehensive for their clients. This is what we call payment adjacency,” explains Richard.

Merchant Services 88

Merchant Services Payment Services SaaS Payments Payments 88

Stax

JANUARY 5, 2024

Level Up Your Terminal with Stax Card Readers What is a Credit Card Terminal? They can also take contactless payments from mobile wallets. Virtual terminals Virtual terminals are software-based interfaces that allow merchants to process payments via a computer or tablet.

Payment Methods 88

Payment Methods Payment Services Merchant Services Payment Solutions 88

Stax

APRIL 18, 2024

Mobile credit card processing enables them to collect same-day payments on the spot, eliminating the hassle of invoicing or waiting for checks. This not only improves cash flow but also enhances customer satisfaction by offering convenient payment options. Keep your customer in mind at all phases of the design process.

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88

Stax

DECEMBER 27, 2023

Online Merchant Accounts Process payments for online businesses eCommerce websites, marketplaces, mobile apps Secure payments, fraud prevention, payment gateway integration PCI DSS compliance, multi-currency, recurring billing. Features eCommerce, in-person, and mobile payments all in one U.S.-based

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Solutions 88

Stax

JUNE 18, 2024

Finance reports : [emphasis added]: “In the 2023 third quarter, Shopify’s subscription solutions revenue was $486 million, or 29% of the total $1.7 Monthly recurring revenue was $141 million. However, these merchant clients present a much bigger opportunity for Shopify than monthly subscriptions.

Payments 68

Payments SaaS Payments Merchant Services Payment Solutions 68

Stax

JANUARY 31, 2024

For retail Visa debit card present, an exempt Visa check card will run 0.08% +$0.15 Switch the above to card-not present and it’s 0.65% +$0.15, with a $2 cap Comparison with previous years According to the Wall Street Journal , the fee increases are going to largely target online transactions. Audit your data security measures.

Payment Services 88

Payment Services Merchant Services Payment Methods Accept Credit Card Payments 88

Stax

MAY 16, 2024

Integrating the EHR software with payment processing tools like Stax Connect also helps create an all-in-one platform that simplifies workflow management at hospitals and other medical practices. Interoperability: EHR data, such as medical history, lab results, and diagnoses, must be shared only through secure channels.

Payment Solutions 88

Payment Solutions Payments Payment Methods Software Review 88

Stax

FEBRUARY 28, 2024

Services businesses that typically accept payments in person may have some cases where clients want to pay over the phone. As this is a card-not-present transaction, it incurs extra fees. When transactions are put through online, that business may be eligible to charge a convenience fee, as it is outside of the typical payment method.

Merchant Services 88

Merchant Services Payment Services Payment Methods Stax 88

Stax

APRIL 18, 2024

The steps to process a credit card transaction Step 1: Authorization Request The process initiates when a customer presents their credit card for payment. The merchant’s point-of-sale (POS) system sends an authorization request to the acquiring bank (also known as the merchant bank) via a payment gateway. E.g., that $0.10

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

DECEMBER 20, 2023

Here are Stax’ Top Credit Card Processing Tips. In today’s world, knowing how credit card transactions work is super important for any business owner, given that card transactions make up the bulk of all payment transactions. Request a custom quote to see how Stax Pay can work for you.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

FEBRUARY 19, 2024

While their target audience and the breadth of their solutions are the key differences, vertical and horizontal SaaS also share many similarities, in particular cloud-based hosting and subscription business models. Subscription-based model Subscription pricing is the most common model used by both horizontal and vertical SaaS providers.

SaaS Payments 88

SaaS Payments Payment Services Payments Payment Solutions 88

Stax

JULY 1, 2024

Learn More What to Look for in a Payroll Process Ease of use Payroll software shouldn’t add more time to tasks like invoicing, payroll reports, or benefits management. But at present, there is no option to just subscribe to the payroll feature. This is where Stax comes in. Contact us today for a customized quote.

Payment Solutions 88

Payment Solutions Payment Services Payment Methods Payments 88

Stax

JULY 2, 2024

It can also help automate financial tasks like payment processing, invoicing, payroll management, and much more. Such information will help you quickly identify emerging problem patterns in your finances and also thriving streams of income that present opportunities to boost profits.

Payment Solutions 88

Payment Solutions Payment Services Payment Methods SaaS Payments 88

Stax

MAY 7, 2024

Additional factors that make up the tiering criteria include: Swiped cards or card-present transactions (qualified) Keyed-in transactions (mid or non-qualified) Card-not-present transactions (non-qualified) Membership-based pricing Unlike other pricing models, this structure doesn’t take a cut from every transaction.

Merchant Services 88

Merchant Services Payment Services Payment Methods Accept Credit Card Payments 88

Stax

JANUARY 10, 2024

This enables them to lower credit card fees for customers who meet certain criteria, such as transaction volume or secure payment history. This puts them in a strong position to secure lower interchange fees and reduce credit card fees overall. This can result in an overall reduction in the average cost of processing payments.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Facilitation 88

Stax

AUGUST 20, 2024

3DS is the next authentication step to really combat illegitimate card-not-present transactions and use advanced technology to quickly and easily verify customers. 3D Secure 1 vs 3D Secure 2 The original version of 3D Secure was released in 2001. 3D Secure 2 (3DS2) meets the criteria for PSD2.

Payment Methods 88

Payment Methods Merchant Services Payment Services Payment Solutions 88

Stax

FEBRUARY 5, 2024

On invoices, present it as a separate line item to provide a clear breakdown. If you find yourself short on either, consider tools like CardX by Stax, a platform that offers credit card surcharging solutions. Whether online, in-office, or in-person, CardX by Stax’s turnkey solution implements surcharging effortlessly.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

AUGUST 20, 2024

Embedded fintech opportunities for financial institutions include subscription management , bill negotiation services, wealth transfer management, data breach and identity protection, and cryptocurrency investing. This also presents an opportunity to build strategic partnerships with other platforms, businesses, and financial institutions.

Payments 88

Payments Payment Methods Merchant Services Finance 88

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 can capitalize on: Subscription-based integrations , where users pay extra for advanced functionalities. If your customers pay online, you can build hosted payment pages.

Payments 88

Payments Merchant Services Payment Services Payment Solutions 88

Stax

OCTOBER 14, 2024

Consider the average transaction size and volume your business handles, as some processors are better suited for larger transactions, while others are ideal for high-frequency, low-amount payments. Does your business model include recurring billing? Need to send invoices or only take payments at a point-of-sale?

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88

Stax

NOVEMBER 14, 2024

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% Step 3: The card is authorized.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

MARCH 5, 2025

Put it this way: if you want to start accepting credit card payments and increase customer satisfaction, you’ll need a payment processor to facilitate those payments. Now, payment gateways are needed for card-not-present (CNP) transactions, such as online payments via your eCommerce store.

Payment Services 88

Payment Services Payment Methods Merchant Services Payments 88

Stax

MARCH 11, 2025

You need the services of a reliable payment service provider to securely accept and process card payments and the right provider for you will be one that supports your preferred payment methods, sales model (one-time payments or subscriptions), and geographical reach (international sales).

Payment Methods 88

Payment Methods Payment Services Merchant Services SaaS Payments 88