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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. Stax delivers an all-in-one payments platform that is secure, stable and customizable—and did we mention affordable? Innovations in artificial intelligence (AI) and machine learning are helping develop security solutions faster than ever.

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What Is an ACH Payment Facilitator?

Stax

In Q3 of 2023, the total volume of payouts on ACH networks reached 7.8 The great thing about an ACH PayFac solution like Stax Connect is that SaaS companies or ISVs can embed ACH payments in their software easily and own (also, white label) the payment experience. To learn more, contact us today.

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Everything You Need To Know about Merchant Processing and How To Choose the Right Solution for Your Needs

Stax

Stax Stax is a payments processing service that caters to all types of businesses, large or small. Unlike other card processing companies, Stax doesn’t add any extra fees to the interchange. Whether you need an on-the-go payment solution or a contactless one, Stax can meet your requirements.

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FSM Software: 7 Growth Tips for Field Service Management Software Providers

Stax

For example, you can leverage Artificial Intelligence (AI), machine learning algorithms, and predictive analytics to improve decision-making, efficiency, and user experience for both service providers and customers. Stax Connect ticks all of these boxes. And it doesn’t have to be all about innovating new products.

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What is Dynamic Pricing? Everything You Need to Know About Implementing Dynamic Pricing in 2024

Stax

Dynamic pricing is calculated through the use of data collection and machine learning algorithms to analyze market conditions and make appropriate pricing decisions. As well as predictive analytics, advances in AI and machine learning allow competitive pricing to be implemented at an extremely granular level.

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What is a Payment Service Provider (PSP) and How Do They Work?

Stax

In contrast, dedicated merchant service providers like Stax offer robust and stable merchant accounts. Its processing fee model is also highly beneficial to businesses that process high volumes of transactions each month. Flat-rate processing fees imposed by PSPs will also start to get more expensive as your transaction volume grows.

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The Credit Card Chargeback Process Explained: What Merchants Need to Know

Stax

billion in 2023 , an uptick that can be partly explained by the global boost in online sales caused by the COVID-19 pandemic. It’s estimated that 61% of chargebacks issued in North America by 2023 will be due to incidences of friendly fraud. However, they’re fast becoming a much bigger problem for merchants.