Stax

JANUARY 28, 2025

Interoperability with your existing software tools and apps: the payment processing platform must be interoperable with your existing software tools, like CRM (Customer Relationship Management), inventory management, POS (Point of Sale), and accounting software. Your provider should help with this. Request a Quote

Payment Methods 68

Payment Methods Payment Services Merchant Services SaaS Payments 68

Stax

MARCH 15, 2025

Having a strategy to monetize payments gives SaaS companies an additional revenue stream while enhancing the customer experience and reducing customer churn. You also should evaluate your pricing strategies, some of which include value-based pricing and cost-plus pricing. Enter payment monetization.

Payments 88

Payments Merchant Services SaaS Payments Payment Services 88

Stax

AUGUST 1, 2024

All this can be challenging, so it’s best to partner with a surcharging expert like CardX by Stax. In essence, customers need to be fully aware that a credit card surcharge will be applied when they checkout at a point of sale (POS). are the most important ones to be mindful of. Keep referring to them regularly.

Merchant Services 88

Merchant Services Payment Services Payment Methods Stax 88

Stax

SEPTEMBER 26, 2024

You can communicate this through visible point-of-sale signage at checkout, verbal heads-up from staff, or on-screen alerts for eCommerce. The surcharge amount must appear as a separate line item on the POS receipt. CardX simplifies this process by integrating compliance features into your POS systems.

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 88

Stax

DECEMBER 20, 2023

Here are Stax’ Top Credit Card Processing Tips. Optimize your credit card processing speeds Slow transactions are, at best, an annoyance to customers, and at worst, result in lost sales, especially online. Request a custom quote to see how Stax Pay can work for you. It’s best to avoid long-term contracts.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JULY 5, 2024

In-store personnel, especially those at points-of-sale, should be educated on cash discounting and surcharging, so they handle customer queries better and resolve payment issues faster. Hence, the regular price is the “cash price” and a surcharge fee is added at the POS if customers pay with credit cards.

Merchant Services 68

Merchant Services Payment Methods Point of Sale Payment Services 68

Stax

APRIL 18, 2024

Merchants can accept payments anywhere with mobile credit card processing, eliminating the need for a fixed point-of-sale terminal. That can mean paying the plumber by credit card in their own house or paying for a sweater with the sales associate who helped them pick it out, rather than going to find the POS desk.

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88

Stax

MAY 7, 2024

Terminal or equipment fees – Small businesses often lease or purchase payment processing equipment, such as point-of-sale (POS) systems or credit card terminals. Transactions are tiered based on various criteria, such as digital transaction or point-of-sale. These fees can also vary based on transaction type.

Merchant Services 88

Merchant Services Payment Services Payment Methods Accept Credit Card Payments 88

Stax

DECEMBER 20, 2023

This article explores the legal landscape surrounding surcharges, shedding light on the intricacies of state and federal laws and strategies for small businesses to manage processing costs. CardX by Stax helps businesses optimize costs and ensure compliance with surcharge laws. Get in touch!

Payment Services 88

Payment Services Merchant Services Stax Payment Methods 88

Stax

JANUARY 10, 2024

By understanding how credit card companies charge merchants and how these fees are calculated, businesses can explore optimization strategies to manage and reduce some of these costs. If POS hardware is being offered as part of the merchant’s payment plan, it will also include the cost of hardware. This is where CardX by Stax comes in.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Facilitation 88

Stax

JANUARY 3, 2024

Poor implementation of self-checkouts can add friction to the customer experience, so it’s important to design a tailored checkout strategy and smooth implementation. Integrate with Existing Infrastructure Ensure chosen system integrates with POS, payment gateway, analytics tools, loyalty programs, and CRMs. Compatibility. Scalability.

Payment Solutions 88

Payment Solutions Payment Methods Payment Services Payments 88

Stax

FEBRUARY 28, 2024

Point of sale terminals are reprogrammed (or pre-programmed) to add the appropriate fee without manual input from merchants. There’s no denying that it’s an ideal strategy to help maximize your revenue and improve your cash flow, as you’ll be able to save upwards of thousands of dollars via processing fees each year.

Merchant Services 88

Merchant Services Payment Services Payment Methods Stax 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. What Is Merchant Underwriting?

Merchant Services 88

Merchant Services Payment Services SaaS Payments Payments 88

Stax

NOVEMBER 15, 2023

You will, however, see higher or lower interchange fees depending on a variety of factors, such as the card brand, the location of the transaction (whether it’s in-person at a point-of-sale or online) and more. Navigating the complex legal landscape surrounding surcharging can be a daunting task for businesses.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JUNE 11, 2024

In 2023, cash accounted for 12% of POS system transactions and only 1% of all eCommerce transactions in the US. TL;DR A cash discount program is a pricing strategy in which businesses offer customers a discount on the posted price of an item if they choose to pay by cash. This streamlines purchases and reduces the risk of theft.

Merchant Services 68

Merchant Services Payment Methods Payment Services Payment Solutions 68

Stax

FEBRUARY 5, 2024

Without strategies in place, disbursements can chip away at your hard-earned bottom line. Know what works best for your business to optimize your pricing strategy without alienating customers. Identify peak demand periods first before implementing a pricing strategy. Every transaction has a cost. Percentage-Based.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

SEPTEMBER 24, 2024

Your provider should be able to reprogram your payment hardware and software, create a robust cash management strategy, and ensure compliance. If yours can’t, consider CardX by Stax. Does the provider charge to reprogram your current payment terminal and point-of-sale hardware?

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

AUGUST 13, 2024

The embedded RFID chip on a customer’s card is recognized by a contactless POS terminal. Unlike good old magstripe or EMV chip cards, these require minimal contact with a point-of-sale system. If it’s displayed, the POS terminal is touch to pay enabled.

Payment Methods 88

Payment Methods Payment Services Payment Solutions Payments 88

Stax

APRIL 17, 2025

There are a few things a business can do withoutand a retail POS system isnt one of them. Traditionally, POS was just a collection of hardware used to ring up sales, process simple transactions, and print receipts. Today, POS systems have evolved. In short, theyre the cornerstone of an integrated commerce strategy.

Payment Methods 88

Payment Methods Payment Solutions Point of Sale Payment Services 88

Stax

MARCH 4, 2025

TL;DR Online payments rely on API or hosted gateways with encryption and fraud detection, while in-store transactions require POS hardware with EMV chip technology and NFC capabilities. On the other hand, in-person payment integration requires POS hardware, such as card readers and NFC terminals, that connect with the payment processor.

Payment Methods 88

Payment Methods Payments Payment Services Merchant Services 88

Stax

MARCH 5, 2025

Think of the gateway as the online equivalent of a card reader or point of sale (POS) system in a brick-and-mortar store. They also often provide the actual equipment you need to accept credit card payments, like the point of sales (POS) terminal. Whats your model, your strategy? Whats your ROI?

Payment Services 88

Payment Services Payment Methods Merchant Services Payments 88

Stax

OCTOBER 21, 2024

Also, credit cards contributed to 27% of the spending at point-of-sale (POS) systems worldwide. In this article, we’ll discuss tiered pricing strategy, including the different types of cards and transactions so you can make smarter and more profitable business decisions. That’s over $10 trillion in transactions.

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 88

Stax

APRIL 10, 2025

You will need POS terminals to accept and process in-person card payments. You will need invoice management software like Stax Bill to be able to add payment links with integrated payment gateways to your email invoices. Start by aligning your payment strategy with what your customers want. Talk to sales

Payment Methods 88

Payment Methods Payment Services SaaS Payments Payment Solutions 88

Stax

JANUARY 23, 2024

There are far too many to mention here, but some of the most beneficial integrations include: CRM systems Time tracking tools Reporting tools Ecommerce platforms Email marketing tools Point-of-sale systems Inventory management Debtor tracking. Regardless of which software you choose, know that Stax can easily connect with both.

Payment Methods 88

Payment Methods Payment Solutions Payment Features Software Review 88