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Small Business Saturday Success Tips for 2023

Stax

Better customer loyalty Participating in annual Small Business Saturdays lets shoppers recognize your brand as a local staple. Smore , a beauty eCommerce brand, prominently displays its 15% off and free shipping promotions in the site’s above-fold. Make this year’s Small Business Saturday effortless with Stax.

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

Stax

And with merchants expected to pay as much as $502 million extra after price hikes in 2023 and 2024, these fees are shooting up faster than the transaction amounts spent on purchases. You could also add the phrase “We don’t surcharge cash or debit card transactions,” or add which card brands you accept. It’s that easy!

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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. Card Type: Different card types ( debit , credit, rewards cards) and card brands carry different interchange rates. The first occurred in October 2023.

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

Stax

The rapid growth in credit card transactions led to an associated increase in the costs originating from the various card brands and incurred by businesses that accept them. Service providers such as CardX by Stax help companies offset some of these fees in a compliant and seamless way. What is a Credit Card Surcharge Fee?

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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. An example of a Payment Facilitator is Stax Connect. Stax Connect offers a platform for software companies and SaaS providers to integrate payment processing capabilities into their offerings. alone, according to a report from Insider Intelligence.

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Subscription Billing for Businesses: Everything You Need to Know

Stax

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% Stax Bill is a best-in-class subscription billing platform that scales effectively alongside your operation. by S&P 500 companies. Contact us today to learn more.

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

Stax

In Q3 of 2023, Amazon’s profits nearly tripled, mostly as a result of price-conscious customers using the platform to find good deals. As consumers and brands collectively adjust to the effect that dynamic pricing has on purchasing decisions and strategic planning, the question remains: Is it a good idea to implement dynamic pricing?