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Payment Security: Everything You Need to Know About Secure Payments

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In 2023, the cost of fraud to online businesses was $48 billion globally, according to Mastercard. To stay ahead of fraud means merchants must understand the threats, use trusted and secure providers, and keep up to date on payment security trends. of the global population using this method of payment in 2022.

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Payment Facilitator vs Payment Gateway: Key Differences and Similarities

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That’s the value of eCommerce transactions that took place in 2023 in the U.S. In a world where we’re spending more and more time online and every click is a potential transaction, it’s no surprise the eCommerce and digital payments sectors are experiencing exponential growth. alone, according to a report from Insider Intelligence.

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Subscription Billing for Businesses: Everything You Need to Know

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This business model has now been adapted very well in the internet age, especially in the SaaS (Software-as-a-Service) and eCommerce industries. As more subscribers join, manually sending out invoices will result in a storm of wasted paper, missed payments, and late penalties—none of which are beneficial to your business.

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Small Business Saturday Success Tips for 2023

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Small Business Saturday Simplified with Stax Small Business Saturday celebrates entrepreneurship and community spirit while providing local businesses a platform for growth. This November 2023, implement the 8 tips above to thrive during the holiday season and be one of the neighborhood champions. Less stress, more efficiency.

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Is Quickbooks Desktop Being Phased Out?

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There’s been a lot of discussion in recent months about the apparent phase-out of QuickBooks Desktop software. Will I still be able to use my existing QuickBooks Desktop software? Do I need to transition to a new system altogether? QuickBooks Enterprise solutions for desktop will not be affected.

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

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In an era defined by digital transactions and cashless payments, the process of paying for goods and services is more convenient, and increasingly reliant on credit card transactions. However, as the popularity of credit cards and digital wallet payments continues to surge, the costs associated with accepting them also do.

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

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Dynamic pricing systems refer to pricing models where the price of goods and services fluctuate based on a range of factors. Together, these strategies have paved the way for more sophisticated and responsive dynamic pricing systems, which use machine learning to make thousands of pricing decisions per minute.