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Payment Security: Everything You Need to Know About Secure Payments

Stax

In 2023, the cost of fraud to online businesses was $48 billion globally, according to Mastercard. To stay ahead of fraud means merchants must understand the threats, use trusted and secure providers, and keep up to date on payment security trends. of the global population using this method of payment in 2022.

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Subscription Billing for Businesses: Everything You Need to Know

Stax

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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Is Quickbooks Desktop Being Phased Out?

Stax

TL;DR Intuit has announced the discontinuation of QuickBooks Desktop 2021 by May 31, 2024, and will stop selling certain subscriptions of QuickBooks Desktop after July 31, 2024. Intuit also announced plans to stop selling several QuickBooks Desktop subscriptions to new U.S. subscribers after July 31, 2024.

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Visa Interchange Rates 2024: What You Need to Know

Stax

The Visa interchange fee increases occurring in both October 2023 and April 2024 are expected to cost an additional $502M in yearly fees for all relevant merchants. The first occurred in October 2023. Audit your data security measures. A great payment provider can save your business tons of money in processing fees.

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What is a Surcharge Fee? How it Helps Consumers and Businesses

Stax

Now ubiquitous, credit cards provide consumers with a quick and secure payment method, often with rewards and other perks. Service providers such as CardX by Stax help companies offset some of these fees in a compliant and seamless way. Learn More What is Credit Card Surcharging? Is it legal to charge surcharge fees?

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Payment Facilitator vs Payment Gateway: Key Differences and Similarities

Stax

That’s the value of eCommerce transactions that took place in 2023 in the U.S. In a world where we’re spending more and more time online and every click is a potential transaction, it’s no surprise the eCommerce and digital payments sectors are experiencing exponential growth. An example of a Payment Facilitator is Stax Connect.

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The Benefits of SaaS and Implementing SaaS Payments

Stax

billion in 2023 and is projected to cross $250 billion this year. However, small businesses must carefully choose the right payment gateway, research the solution’s integration capabilities, and ensure it supports automating billing and invoicing including recurring payments. This is where Stax Connect came in.