Stax

NOVEMBER 20, 2023

Participating in Small Business Saturday can help SMBs boost revenue, foster customer loyalty, and strengthen the local economy. Increased revenue Small Business Saturday drove an estimated $17.9 Review your revenue for the day and compare it to previous Small Business Saturdays to gauge your success.

Payment Methods 88

Payment Methods Merchant Services Payment Services Stax 88

Stax

AUGUST 16, 2024

From $412 billion in 2021 to $591 billion in 2023, the industry has expanded by more than 140%. We caught up with payment experts from Forrester and Stax to help you navigate these evolving times and achieve success with embedded payments. Fred Nelson, VP of Sales Enablement at Stax provides a succinct definition of embedded payments.

Payments 88

Payments Embedded Payments SaaS Payments Payment Solutions 88

Stax

MARCH 18, 2025

On top of that, 69% of Americans online in 2023 said they used digital payment methods to make a purchase. Faster resolution speed reduces revenue loss due to fraudulent claims. Lower transaction costs mean more revenue is retained within the business, improving the cash flow. This is where Stax comes in.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

DECEMBER 9, 2024

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.

Merchant Services 88

Merchant Services Payment Services Payment Methods Software Review 88

Stax

AUGUST 1, 2024

Did you know that the delinquency rate for small businesses has reached a record high owing to inflation and declining revenues? All this can be challenging, so it’s best to partner with a surcharging expert like CardX by Stax. Starting April 15, 2023, merchants only have to notify their acquirer 30 days before they start surcharging.

Merchant Services 88

Merchant Services Payment Services Payment Methods Stax 88

Stax

NOVEMBER 6, 2023

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. This will directly lead to an increase in sales volume and revenues.

Merchant Services 88

Merchant Services Payment Methods Mobile Payments Payment Services 88

Stax

JUNE 18, 2024

billion from its merchant services in 2023. Finance reports : [emphasis added]: “In the 2023 third quarter, Shopify’s subscription solutions revenue was $486 million, or 29% of the total $1.7 Monthly recurring revenue was $141 million. In the third quarter, Shopify took in revenue of $1.2

Payments 68

Payments SaaS Payments Merchant Services Payment Solutions 68

Stax

APRIL 30, 2024

Businesses can take steps to minimize these charges in order to maximize their revenue. 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.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 88

Stax

SEPTEMBER 17, 2024

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. Many payment gateway services maintain this model to protect their expected revenues.

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88

Stax

JANUARY 17, 2024

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. But remember, not all PayFacs are created equal.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

JANUARY 31, 2024

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. The first occurred in October 2023. Building a reliable customer base can help offset concerns about your profit margins, since it makes revenue forecasting more reliable.

Payment Services 88

Payment Services Merchant Services Payment Methods Accept Credit Card Payments 88

Stax

JANUARY 28, 2024

The most potent benefit of the subscription-based business model is that companies are guaranteed a fixed revenue stream—if they can retain their customers or subscribers. Plus, it makes your subscribers happy to stick around longer, which means more revenue for your business. by S&P 500 companies.

Payment Features 88

Payment Features Payment Methods Payment Solutions SaaS Payments 88

Stax

JANUARY 22, 2024

That’s the value of eCommerce transactions that took place in 2023 in the U.S. On the other hand, because they operate more as a partner, PayFacs commonly employ a revenue-sharing pricing model, taking a percentage of each transaction they process. An example of a Payment Facilitator is Stax Connect.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

FEBRUARY 15, 2024

FIS Global reports that in Norway, Sweden, and other Scandinavian countries, more than 90% of transactions processed at point-of-sale (POS) in 2023 were cashless. This gives them greater control over the customer experience and an opportunity to generate additional revenue. Salesforce’s CRM is ubiquitous and as of 2023, it has a 23.8%

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 88

Stax

AUGUST 29, 2024

PSPs don’t usually charge monthly fees for access to their payment gateway and instead derive their revenues from the processing fees they impose on each transaction. In contrast, dedicated merchant service providers like Stax offer robust and stable merchant accounts. Some PSPs even impose limits on transaction volume.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

JANUARY 24, 2024

Benefits of Dynamic Pricing For businesses: Increased revenue, better inventory management Being able to adjust prices based on market conditions enables businesses to maximize revenue. In Q3 of 2023, Amazon’s profits nearly tripled, mostly as a result of price-conscious customers using the platform to find good deals.

Payment Methods 88

Payment Methods Pricing Airlines Payment Solutions 88

Stax

AUGUST 20, 2024

The benefits of embedded finance and fintech include improved user experience, increased customer loyalty, and more revenue streams. Enhanced revenue streams for businesses Embedded finance creates various revenue streams for businesses. billion in 2023 and is expected to grow at a CAGR of 32.8% from 2024 to 2030.

Payments 88

Payments Payment Methods Merchant Services Finance 88

Stax

JUNE 11, 2024

In 2023, cash accounted for 12% of POS system transactions and only 1% of all eCommerce transactions in the US. With discounts for cash payments, businesses can retain more of their revenue, thereby bolstering their financial health and creating opportunities for investment, growth, and sustainability in the long term.

Merchant Services 68

Merchant Services Payment Methods Payment Services Payment Solutions 68