Stax

JANUARY 8, 2024

Not only must PayFacs safeguard themselves and their clients against potential threats like fraud or cybersecurity breaches but also ensure PCI compliance , customer due diligence, and adherence to card regulations. Let’s get started. The PayFac is liable for all the transactions that happen on its platform.

Merchant Services 88

Merchant Services Payfac Payment Services SaaS Payments 88

Stax

DECEMBER 20, 2023

While interchange fees are unavoidable, there are strategies to help minimize their impact, including choosing a cost-effective payment processor, implementing surcharging, and more. One such strategy includes implementing credit card surcharging to offset the cost of interchange fees. Request Quote What Are Interchange Fees?

Payment Services 167

Payment Services Merchant Services Payment Methods Payment Solutions 167

Stax

JUNE 20, 2024

An ISV partner is a software vendor that partners with an ISV and provides additional services or technology. These programs enable SaaS or cloud solutions companies to expand their reach, enhance their offerings, and accelerate their market penetration or go-to-market strategy.

SaaS Payments 88

SaaS Payments Payment Services Payments Stax 88

Stax

MARCH 18, 2025

A payment processing system is a technology that facilitates the secure transfer of funds from a customer to a merchant. Modern digital payment processing systems Modern digital payment processing systems leverage cloud-based technology, APIs, and digital wallets to quickly and securely process transactions.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

NOVEMBER 27, 2023

KYC’s three main components are the customer identification program (CIP), which was imposed by the USA Patriot Act in 2011; customer due diligence (CDD); and regular monitoring of the customer’s account and activities, which is also called enhanced due diligence (EDD). In the U.S.,

Merchant Services 88

Merchant Services Payment Services Systems Review Technical Review 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.

Payment Solutions 88

Payment Solutions Payments Payment Methods Software Review 88

Stax

APRIL 18, 2024

Examples of popular SaaS apps include Shopify, an eCommerce platform, Dropbox, a cloud storage service, and Stax Bill, an automated payment processing system. ISVs vs SaaS: An Overview Technically speaking SaaS companies are also ISVs because they develop software. Consider Stax’s partner program.

Outsourcing Services 88

Outsourcing Services SaaS Payments Payment Services Payment Methods 88

Stax

MAY 21, 2024

Legal technology handles billables, case management, and document management. You and the software developers on your team should always be on the lookout for bugs and any updates for your legal technology. That is why your software should offer elements and benefits that other technologies lack.

Payment Solutions 88

Payment Solutions Payment Services Payments Software Review 88

Stax

DECEMBER 20, 2023

The first step is to find a partner that can provide the right payment technologies and services to your customers. How a PayFac like Stax can help A business can choose to open a merchant account on their own but the process can be laborious and time-consuming. How exactly can you get your users started with payments?

Merchant Services 88

Merchant Services Payment Services SaaS Payments Payments 88

Stax

FEBRUARY 28, 2024

In this guide, we’re going to cover what companies need to consider when choosing a SaaS billing platform—and how Stax Connect makes this process simple. With proper integration, they can minimize billing errors, enable adaptive pricing strategies, and provide real-time insights to enhance overall efficiency. Real-time insights.

Payments 88

Payments SaaS Payments Payment Services Merchant Services 88

Stax

NOVEMBER 15, 2023

They charge a markup on top of interchange and assessment fees, which covers their services, technology, and the convenience of it all. This variety means there are strategies you can use to lower your overall costs associated with credit card transaction processing. There are plenty of benefits to the surcharging model.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

FEBRUARY 26, 2024

Hybrid models Hybrid models combine elements of fixed and variable recurring payments, offering businesses the flexibility to adapt their billing strategies based on the nature of their products or services. Businesses need strategies in place to retain customers and prevent revenue loss due to subscription cancellations.

Payment Services 88

Payment Services Payment Features Merchant Services Payment Methods 88

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. Customer payment behaviors How quickly or slowly your customers make payments has a direct impact on DSO, as timely payments by the due date keep DSO low.

Payment Features 88

Payment Features Payment Methods Payment Services Stax 88

Stax

FEBRUARY 28, 2024

If you’re not sure where to start, keep reading to find out the benefits of implementing surcharging, how to ensure legal compliance, and how you can use technology for smooth sailing in the surcharging landscape. How Does Surcharging Compare to Other Fee Management Strategies? along with our thoughts on how effective they might be.

Merchant Services 88

Merchant Services Payment Services Payment Methods Stax 88

Stax

MAY 30, 2024

Due to the differences in applications, understanding your target market is the first step to growing your FSM business. Use review platforms like G2, Trustpilot, and Capterra for testimonials. That’s why you need to have a robust marketing strategy. Spread awareness, learn about trends, and get inspiration for product updates.

Payment Solutions 88

Payment Solutions Payment Services Merchant Services SaaS Payments 88

Stax

SEPTEMBER 19, 2024

Risk of errors due to complexity. 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.

Payment Services 88

Payment Services Payment Solutions Payments Payment Features 88

Stax

APRIL 18, 2024

shoppers as customers become more comfortable with the technology.” As stated by countless resources, mobile is the direction the payment technology space is heading. It pays to know exactly how mobile technologies will be impacting your business, or potentially already are. Consider factors such as connectivity options (e.g.,

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

FEBRUARY 19, 2024

Customization and functionality Because vertical SaaS models are industry-specific, they typically offer high levels of customization to meet the needs of industries with complex or technical requirements. This set of SaaS tools gives HubSpot a simple but powerful value proposition; it’s the engine for your entire inbound marketing strategy.

SaaS Payments 88

SaaS Payments Payment Services Payments Payment Solutions 88

FastSpring

DECEMBER 7, 2022

In this guide, we present eight alternatives to Chargebee that help relieve some of these burdens for users, starting with an in-depth review of our solution, FastSpring. Finally, some subscription management tools require a lot of technical skills to set up and use. Chargebee alternatives in this list: FastSpring. Zoho Subscriptions.

Payment Methods 148

Payment Methods Merchant Services Payment Services Payments 148

Stax

JULY 25, 2024

User-friendliness is one of the most overlooked features of POS systems, but a crucial factor whether your team is tech-savvy or not. Or maybe you want one with customer management features to help you with personalized marketing strategies. Do you have a team and how tech-savvy are they? Think about the future.

Point of Sale 88

Point of Sale Payment Methods Payment Solutions Payment Services 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. For example, rewards cards often have higher interchange rates due to additional benefits. Improve your customer retention strategies. Use technology that supports lower-cost transaction methods (e.g.,

Payment Services 88

Payment Services Merchant Services Payment Methods Accept Credit Card Payments 88

Stax

MARCH 11, 2024

Plus, leasing agreements provide small businesses access to the latest business technology they might not have had access to if they chose a credit card terminal they had to pay in full. And don’t forget to read the reviews and the fine print before you buy. Never buy a machine labeled “as-is.” Always purchase from a trusted source.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 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. Select the Right Solution Consider cost, compatibility with existing systems, scalability, and user-friendliness of the self-checkout technology.

Payment Solutions 88

Payment Solutions Payment Methods Payment Services 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. Leveraging technology, monitoring chargebacks, and addressing individual business factors help to reduce credit card fees and improve overall profitability.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Facilitation 88

Stax

JANUARY 24, 2024

What makes this pricing strategy so appealing to businesses? This differs from a fixed price approach, where prices are reviewed and adjusted in regular installments. Implementing Dynamic Pricing with Technology Data analytics plays a pivotal role in dynamic pricing. Prices may shift down or up at a moment’s notice.

Payment Methods 88

Payment Methods Pricing Airlines Payment Solutions 88

Stax

JANUARY 15, 2024

Implementing surcharging involves analyzing pricing strategy impact, communicating policies effectively to customers, and reviewing technical considerations, including cybersecurity measures. Here are more reasons to implement surcharging and optimize your payment processing strategies. Interchange fee management.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JANUARY 1, 2024

Business savings accounts are crucial to a sound organizational strategy. Its advanced online platform caters to businesses looking for efficient, tech-savvy banking solutions along with competitive savings options. Savings act as a financial buffer and can become a strategic asset.

Business 88

Business Banking Software Review Technical Review 88

Stax

JUNE 11, 2024

Reliance on credit card payments can also make businesses vulnerable to technical issues or outages, potentially disrupting their operations and affecting customer satisfaction. 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.

Merchant Services 68

Merchant Services Payment Methods Payment Services Payment Solutions 68

Stax

MARCH 14, 2024

You should start by ensuring your pricing strategy is up to snuff. Optimize Your Pricing Strategy Pricing strategy refers to the approach that businesses use to set the prices of their products or services. Study your competitors to understand their strengths, weaknesses, and strategies. Learn More 1.

Payment Methods 68

Payment Methods Payment Services Payment Solutions Payments 68

Stax

MAY 2, 2024

When viewed from a traditional standpoint, MCAs aren’t technically loans. Getting MCA financing is suitable in cases where you can’t access traditional loans due to a poor credit history or your business has been in operation for a short period. The deductions eat into your revenue.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payments 88

Stax

AUGUST 13, 2024

They work using NFC and RFID technology. Contactless technology isn’t just fast and convenient, but also provides a secure way to make payments. Due to its safety, security, and ease of use, touch to pay is used by many customers at fast-food restaurants, grocery stores, gas stations, pharmacies, and even hotel lobby kiosks.

Payment Methods 88

Payment Methods Payment Services Payment Solutions Payments 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

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. For enhanced security, it uses EMV (Europay, Mastercard, and Visa) chip technology and contactless payments, like Apple Pay and Google Pay.

Payment Methods 88

Payment Methods Payments Payment Services Merchant Services 88

Stax

APRIL 10, 2025

billion lost to fraud in 2024 alone Mobile and contactless payments Mobile and contactless payments are powered by NFC (Near-field communication) technology. This explains why cryptocurrency payments are still not widely utilized by the general populace and are mostly limited to tech-savvy customers.

Payment Methods 88

Payment Methods Payment Services SaaS Payments Payment Solutions 88