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How ISV Partnerships and Integrations Can Drive Business Growth

Stax

As anISV, Stax works with a number of software partners to give sub-merchants total control over how they operate their businesses. For example, in fintech, ISVs provide specialized payment processing solutions that integrate with point-of-sale (POS) systems, enhancing transaction security and efficiency.

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

Stax

According to the US Federal Reserve in 2022, general-purpose card payments reached $153.3 It links the merchants eCommerce store or point of sale (POS) system and the financial networks involved. billion transactions and $9.76 trillion in value. As a business owner, you just cant afford to ignore these statistics.

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A Primer on Simple Mobile Payments for Small Business: What Merchants Need to Know

Stax

Thankfully, with mobile payments from Stax , you can quickly accept and process payments from your customers. Learn all about mobile payments and why you may want to consider joining the Stax family to streamline payments and boost your small business’ productivity. According to Statista, in 2022, there were 2.8

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Understanding Credit Card Processing Fees for Merchants: How Much Does Processing Credit Cards Cost?

Stax

Payment Gateway: A service provider that facilitates communication between the merchant’s POS system and the acquiring bank’s payment processing system. The merchant’s point-of-sale (POS) system sends an authorization request to the acquiring bank (also known as the merchant bank) via a payment gateway.

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What Merchants Should Know About Non Cash Adjustment Fees When Implementing Cash Discounts

Stax

Did you know that credit cards accounted for 31% of all payments in 2022? 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. Learn More What Are Non Cash Adjustment Fees? Let’s take a look.

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Credit Card Surcharge Sign Wording and Template: How to Create Effective Notice for Your Surcharging Program

Stax

In 2022, industry data shows that credit card companies earned a whopping $126.4 Best Practices When Creating Your Surcharge Sign When deciding on what kind of wording to use, keep in mind that you need to have two signs: both a point-of-entry disclosure and a POS disclosure. Contact us to get started with CardX by Stax today.

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ISV vs PayFac: The Similarities and Differences Between Independent Software Vendors and Payment Facilitators

Stax

According to the Pew Research Institute , in 2022, a whopping 41% of Americans said they don’t use cash at all for any of their weekly purchases—a significant jump from 29% in 2018. FIS Global reports that in Norway, Sweden, and other Scandinavian countries, more than 90% of transactions processed at point-of-sale (POS) in 2023 were cashless.