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What is a Payment Processing System and How Does It Work?

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According to the US Federal Reserve in 2022, general-purpose card payments reached $153.3 On top of that, 69% of Americans online in 2023 said they used digital payment methods to make a purchase. As a business owner, you just cant afford to ignore these statistics. But selecting a good payment solution can be overwhelming.

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Your Complete Guide to SaaS Payments Monetization: What SaaS Companies Should Know

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As a result, SaaS businesses need to become more innovative in how their platform features and product offerings address their user’s unique operations and set of business needs. Enter payment monetization. But how exactly should a SaaS company monetize payments? What is Payment Monetization?

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Quicken vs QuickBooks: Which is Best for Small Businesses?

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We will compare both software solutions by outlining their key features so that you can decide which is best for your small business. The main difference between Quicken and QuickBooks is that Quicken is primarily a personal finance management software while QuickBooks is a full-featured small business accounting software.

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Webinar Recap: The Road to SaaS Success: Accelerating Growth Through Embedded Payments

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In this landscape, embedded payments have become a great way for SaaS companies to provide value-added services on top of their core offerings to customers. This helps SaaS businesses enhance their customer experiences and drive loyalty and profitability. The demand for embedded payments is huge.

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How to Scale SaaS Growth and Optimize SaaS Operations: 7 Essential Tips

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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. Part of this can be attributed to the SaaS model’s unique aspect of relying primarily on future revenue. Take a traditional business, like a furniture store.

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Unearned Revenue: What it is and What it Means for Subscription Businesses

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When can revenue NOT be counted as revenue? The concept of unearned revenue can easily trip up SaaS companies that offer subscription services and products on a recurring basis. Unlike when selling ordinary products, you cannot recognize the revenue earned from a subscription all at once.

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How are Interchange Fees Calculated?

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Credit and debit cards have become the preferred payment methods for many, and it isn’t hard to see why. This small rectangular piece of plastic enables customers to ditch bulky wads of cash, making payments easier and safer. However, this convenience comes at a cost, mainly for businesses. But there’s more to it.