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Subscription Billing for Businesses: Everything You Need to Know

Stax

When you’re offering a product or service that renews at regular intervals, having a billing strategy that aligns with this unique offering is vital. According to a report published in 2023 by the subscription management platform Zuora , the subscription economy grew by 12% in 2022 compared to 10.6% by S&P 500 companies.

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CFO Tools You Should be Using in 2022

SaaSOptics

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.

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Small Business Saturday Success Tips for 2023

Stax

Small businesses can thrive on SBS with these 8 tips: (1) Lay the groundwork with past data, (2) enhance digital presence, (3) improve the in-store experience, (4) run marketing campaigns, (5) promote special offers, (6) engage the community, (7) collect feedback, and (8) develop post-event strategies. Small Business Saturday , a.k.a.

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What Is Data Tokenization and How Does It Work?

Stax

In 2022, there were 1802 instances of data compromise in America which affected 422 million people. The good news is that with a solution like Stax Connect, this need not be difficult or complicated. The good news is that with a solution like Stax Connect, this need not be difficult or complicated.

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How Much Do Credit Card Companies Charge Merchants?

Stax

According to Capital One, global credit card transactions in 2022 reached an estimated 678 billion —an average of 1.86 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. billion every single day.

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Understanding Payment Processing Compliance When Implementing Credit Card Surcharging

Stax

Swipe fees have doubled in a decade and increased by 20% since 2022. Implementing surcharging involves analyzing pricing strategy impact, communicating policies effectively to customers, and reviewing technical considerations, including cybersecurity measures. Explore CardX by Stax for a smart surcharging solution today.

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What is a Merchant Cash Advance and is MCA Right for You?

Stax

According to Fed Small Business in 2022, 40% of small businesses applied for traditional methods of financing. You’ll also have to provide an asset to work as a loan collateral. These requirements make it hard for small businesses to secure a conventional loan. In contrast, only 53% of those applications were fully approved.