Stax

MARCH 16, 2025

How to Measure and Track Customer Churn The most commonly used churn metrics include: Customer churn rate measures the percentage of customers who cancel their subscriptions over a given period, typically calculated as (Lost Customers Total Customers at Start of Period) 100. A lower churn rate indicates higher customer retention.

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Stax

JANUARY 28, 2024

Long before the digital age, newspaper and magazine companies have been using the subscription model to create and retain a consistent readership for their publications. The most potent benefit of the subscription-based business model is that companies are guaranteed a fixed revenue stream—if they can retain their customers or subscribers.

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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 However, these merchant clients present a much bigger opportunity for Shopify than monthly subscriptions. Monthly recurring revenue was $141 million.

Payments 68

Payments SaaS Payments Merchant Services Payment Solutions 68

Stax

MARCH 18, 2025

Systems used for this include payment gateways , subscription billing software, and eCommerce platforms with built-in payments. These systems are ideal for subscription-based and SaaS businesses with global customers. Theyre also less flexible for remote or subscription-based businesses. This is where Stax comes in.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

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

JANUARY 28, 2025

Data analytics: the provider must offer extensive data analysis tools and features to help you track transaction data in real-time, and gain valuable insights that can help you improve customer experience, marketing strategies, and other business offerings. Your provider should help with this. Request a Quote

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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

MAY 16, 2024

Here’s a step-by-step strategy you can use to boost sales for your EHR tools: TL;DR Electronic health records, or EHR, is a software used to maintain patient records across multiple facilities. However, the right strategy and tips can help expand an EHR software’s user base. Both models have their own pros and cons.

Payment Solutions 88

Payment Solutions Payments Payment Methods Software Review 88

Stax

APRIL 18, 2024

SaaS companies deliver software applications over the internet on a subscription basis, simplifying access and management for users. SaaS, or Software as a Service, companies host and deliver software applications over the internet on a subscription basis. Primarily through direct-to-user subscriptions and third-party distributors.

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Outsourcing Services SaaS Payments Payment Services Payment Methods 88

Stax

FEBRUARY 26, 2024

Industry data shows that subscription-based businesses are growing 3.7x Recurring billing and payments are commonly used for things like paying for a gym membership, utility bills, streaming services like Netflix and Hulu, subscription payments, magazine subscriptions, and many more. faster than companies in the S&P 500.

Payment Services 88

Payment Services Payment Features Merchant Services Payment Methods 88

FastSpring

DECEMBER 7, 2022

Chargebee is a robust subscription management platform. Zoho Subscriptions. Most Chargebee alternatives are either subscription billing software or payment gateways. That’s why most SaaS companies need payment software that can support many different types of trial models, subscriptions, etc.

Payment Methods 148

Payment Methods Merchant Services Payment Services Payments 148

FastSpring

FEBRUARY 8, 2023

In this guide, we compare six Recurly competitors and alternatives according to several categories: Subscription management and recurring billing Checkout Global payment processing Reporting and analytics Pricing Customer reviews We’ll start with a deep dive into FastSpring — our end-to-end payment solution (i.e.,

Payment Services 78

Payment Services Payments Payment Methods Merchant Services 78

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

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

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

FEBRUARY 21, 2024

And because of the digital nature of SaaS businesses and their subscription-based business models, the ability to collect data on how the company is performing is easier and faster than ever. Enter the SaaS Magic Number, which measures the return on sales and marketing spend in generating new subscription revenue.

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SaaS Payments Payments Payment Services Payment Solutions 88

Stax

DECEMBER 20, 2023

Here are Stax’ Top Credit Card Processing Tips. Analyzing this data in the reports your processor provides can help tailor marketing efforts and improve overall business strategies. Many of our tips apply to how Stax works, with no contracts, surcharges, and optimized terminals that pair perfectly with our subscription pricing plans.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

NOVEMBER 6, 2023

The good news is that with a solution like Stax Connect, this need not be difficult or complicated. Subscription-based businesses can use the same token to complete payments on a regular basis without having to collect any sensitive card information. To find out whether Stax Connect may be the right partner for you, contact us today.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

MARCH 11, 2024

If you already have a subscription to these systems, you can bundle the equipment in a deal and find new savings. Stax Payments’ membership-based pricing saves merchants hundreds of dollars per month. A good way to save on credit card payment processing is through a membership-based pricing model like Stax Payments.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 88

SaaSOptics

MARCH 10, 2022

Chargify is a powerful B2B SaaS subscription management software that enables you to employ complex pricing strategies (like prepaid usage or real-time multi-attribute billing), so you can bill exactly the way you want—without the time or financial investment of building out a custom solution.

Payment Services 87

Payment Services SaaS Payments Payments Payment Solutions 87

Stax

MARCH 12, 2024

In this blog, we’re going to explore the importance of DSO, how to calculate it, and strategies to help improve DSO to create a healthier business. Case in point: Stax Bill , a recurring billing and subscription management platform that automates payments.

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Payment Features Payment Methods Payment Services Stax 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. 98% of consumers have a streaming service subscription.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Features 88

Stax

JANUARY 31, 2024

While you can’t avoid the rate hikes, there are strategies and resources available to help merchants mitigate the impact. So a few other strategies you can employ to either avoid raising prices completely or raise them a smaller amount are: Train your staff in transaction optimization. Improve your customer retention strategies.

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Payment Services Merchant Services Payment Methods Accept Credit Card Payments 88

Stax

APRIL 17, 2025

This guide explores the ins and outs of SaaS upselling, from the strategies that work best to the tools and timing that maximize results. Top upsell strategies include offering advanced features, expanding seat count, and introducing payment processing capabilities. Consider the following.

Payments 88

Payments Merchant Services SaaS Payments Payment Services 88

Stax

MAY 30, 2024

That’s why you need to have a robust marketing strategy. For example, you can start a social media campaign to notify your audience about a new product launch and offer them a discount for new subscriptions or a free trial period. Stax Connect ticks all of these boxes.

Payment Solutions 88

Payment Solutions Payment Services Merchant Services SaaS Payments 88

Stax

MAY 7, 2024

Instead, it’s based on a subscription structure where merchants pay an annual or monthly fee plus the specific interchange rates at the time of the transaction. Stax is one card payment processor that uses this pricing model. There are some strategies you can use to help you lower your processing fees.

Merchant Services 88

Merchant Services Payment Services Payment Methods Accept Credit Card Payments 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. This is where CardX by Stax comes in. This puts them in a strong position to secure lower interchange fees and reduce credit card fees overall.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Facilitation 88

Stax

MARCH 5, 2025

Whats your model, your strategy? Stax, for example, supports multiple modes of payment. From credit and debit cards to mobile payments (like Apple Pay), ACH, and invoicing, Staxs platform has everything you need. Stax, for example, gives you access to the direct cost of the interchange (i.e., Who are your customers?

Payment Services 88

Payment Services Payment Methods Merchant Services Payments 88

Stax

APRIL 17, 2025

In short, theyre the cornerstone of an integrated commerce strategy. Seasonal businesses might benefit from systems with flexible subscription plans or per-transaction pricing. Subscription-based pricing – Mostly used by cloud-based systems. Also, your needs might differ based on your online and offline presence.

Payment Methods 88

Payment Methods Payment Solutions Point of Sale Payment Services 88

Stax

MARCH 20, 2025

Choosing the right pricing strategy is one of the most important decisions you will ever make as a business owner. The right pricing strategy will effectively convey the value of your brand, meet the expectations of customers, and maximize your revenue potential.

Underperforming Technical Team 88

Underperforming Technical Team Pricing Payment Methods Development 88

Stax

OCTOBER 21, 2024

Three-tiered pricing (or tiered pricing) is a popular strategy several payment processing companies use—not to be confused with the tiered pricing models (volume-based pricing, usage-based pricing, feature-based pricing, subscription-based pricing, etc.) You could also opt for membership-based pricing like Stax offers.

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 88

Stax

APRIL 10, 2025

It’s also perfect for businesses with a subscription-based (recurring payments) sales model. You will need invoice management software like Stax Bill to be able to add payment links with integrated payment gateways to your email invoices. For subscription-based businesses, theres no better payment method than direct debits.

Payment Methods 88

Payment Methods Payment Services SaaS Payments Payment Solutions 88

Stax

MARCH 4, 2025

Also, you likely operate on a SaaS model, where businesses purchase a subscription-based license. Recurring billing and subscription management Since you run a subscription-based business, you need to find a payment gateway that streamlines recurring billing and subscription management.

Payment Methods 88

Payment Methods Payments Payment Services Merchant Services 88

Stax

DECEMBER 9, 2024

when someone has canceled a subscription and still receives a charge) Goods or services not being received after the purchase Being charged an incorrect amount Unauthorized credit card usage (i.e. High chargeback ratios can still harm a merchants reputation with payment processors, making prevention a critical strategy.

Merchant Services 88

Merchant Services Payment Services Payment Methods Software Review 88

Stax

JANUARY 23, 2024

They also both boast a huge range of integration options via third-party tools, monthly subscription plans, and add-ons for customization to fit a wide range of business needs. Pricing QBO offers four different monthly subscription plans: Simple Start, Essentials, Plus, and Advanced. Both solutions have this feature.

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Payment Methods Payment Solutions Payment Features Software Review 88