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

Stax

On top of that, 69% of Americans online in 2023 said they used digital payment methods to make a purchase. The processor facilitates the transaction by communicating with the payment gateway, issuing bank, and acquiring bank. This is where Stax comes in. billion transactions and $9.76 trillion in value.

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

Stax

Here are some steps you can take to reduce chargebacks and maintain a healthy merchant account: Improve Communication Establish clear lines of communication with your customers. Keep Detailed Documentation Maintain thorough records of transactions, receipts, order confirmations, shipping details, and customer communications.

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Small Business Saturday Success Tips for 2023

Stax

Use different communication channels, such as social media, email, or in-store announcements so they won’t miss out. Small Business Saturday Simplified with Stax Small Business Saturday celebrates entrepreneurship and community spirit while providing local businesses a platform for growth. Bundle deals.

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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. Stax can save you from that headache with less room for error.

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What is a Payment Gateway and How Does It Work?

Stax

In fact, research from 2023 shows that 69% of Americans said they’ve used a digital payment method in the past 3 months when making a purchase. Popular payment gateways include Authorize.net, Stax, Stripe, Adyen, and Square. A payment gateway is a must-have for online stores. What Is a Payment Gateway Account?

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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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The Benefits of SaaS and Implementing SaaS Payments

Stax

billion in 2023 and is projected to cross $250 billion this year. SaaS services are also used in customer relationship management (CRM), human resources management, analytics, and communication. This is where Stax Connect came in. And what delighted them was Stax’s extended support that went above and beyond the usual scope.