Stax

MAY 30, 2024

Field service management software is a system that helps a company monitor and coordinate their employees’ activities off the company’s premises. The software allows managers to view and modify work schedules, orders, inventory, invoices, customer account records, and other records in the database.

Payment Solutions 88

Payment Solutions Payment Services Merchant Services SaaS Payments 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. Essentially, it’s a piece of software that creates a secure tunnel for customers to connect with and transfer funds to merchants in online transactions. What Exactly Is a Payment Gateway?

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 TL;DR A payment facilitator (PayFac) is essentially a SaaS vendor or software provider that enables its users (businesses) to accept online payments from their customers through the platform itself. Let’s get started.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

DECEMBER 6, 2024

The FIS and Worldpay Separation in 2024 Despite the high expectations following the merger, FIS announced in 2023 that it would be spinning off Worldpay into a separate company. Stax and Worldpay: A Powerful Partnership Stax is one of the largest Independent Sales Organizations (ISOs) partnered with Worldpay.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

APRIL 30, 2024

If the details are verified and there are enough funds in the customer’s account, the issuing bank will send an authorization code to the card company through the payment processor. This authorization code is forwarded to the card company and then to the acquiring bank. Easy switch between POS and mobile payments using the Stax app.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 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 You Can Harness User Data Software-embedded payment processing enables the software provider (i.e.,

Payments 68

Payments Merchant Services SaaS Payments Payment Solutions 68

Stax

MARCH 4, 2024

In 2023, the cost of fraud to online businesses was $48 billion globally, according to Mastercard. The significance of EMV cards EMV cards use a microchip that generates a code for each transaction, which is transmitted instead of the card number as the transaction processes. Let’s talk about the “F” word—fraud.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Features 88

Stax

MARCH 21, 2024

Research shows that the global software-as-a-service (SaaS) industry was valued at $248.76 billion in 2023 and is projected to cross $250 billion this year. It’s an alternative to traditional software distribution and on-premise software installation—companies don’t need to build and maintain servers or data centers.

SaaS Payments 88

SaaS Payments Payment Services Payments Payment Methods 88

Stax

NOVEMBER 15, 2023

Optimize transactions for lower rates Review your card acceptance policies. Regularly review and compare processing statements Periodically review your payment processing agreements to make sure you are getting competitive rates and that there are no hidden fees. As of 2023, the average interchange rate is 0.3%

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 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. For example, rewards cards often have higher interchange rates due to additional benefits. The first occurred in October 2023. The second occurs in April 2024.

Payment Services 88

Payment Services Merchant Services Payment Methods Accept Credit Card Payments 88

Stax

JANUARY 28, 2024

This business model has now been adapted very well in the internet age, especially in the SaaS (Software-as-a-Service) and eCommerce industries. The customer subscription model grew in popularity partly due to the convenience that it offers to customers. Recurring billing is a perfect fit for subscription businesses.

Payment Features 88

Payment Features Payment Methods Payment Solutions SaaS Payments 88

Stax

JANUARY 24, 2024

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? QuickBooks Desktop is something of a linchpin in the accounting software world, with the first version of the program launching in 1998.

Payment Solutions 88

Payment Solutions Payment Features Payment Services Payment Methods 88

Stax

JULY 25, 2024

Every POS software provider will boast diverse offerings. Systems that your POS system can integrate with include: Accounting software – Many POS systems today come with basic bookkeeping features. Cost and Budget Considerations Your budget and the cost of the POS software is one of the biggest factors to consider.

Point of Sale 88

Point of Sale Payment Methods Payment Solutions Payment Services 88

Stax

AUGUST 29, 2024

TL;DR PSPs help businesses accept credit cards, digital wallets, ACH transfers, recurring payments, and other types of mobile payments, while also providing POS systems and the integrated software required for managing business financial operations. The company also provides a card reader and mobile POS app for free.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

JANUARY 24, 2024

This differs from a fixed price approach, where prices are reviewed and adjusted in regular installments. In Q3 of 2023, Amazon’s profits nearly tripled, mostly as a result of price-conscious customers using the platform to find good deals. This is where Stax comes in. million price changes every day.

Payment Methods 88

Payment Methods Pricing Airlines Payment Solutions 88

Stax

AUGUST 20, 2024

Due to this, both online and brick-and-mortar businesses are making it possible for customers to access lending without having to pay a visit to a separate lending institution. billion in 2023 and is expected to grow at a CAGR of 32.8% While BNPL is more popular with younger consumers, it also offers several benefits for merchants.

Payments 88

Payments Payment Methods Merchant Services Finance 88

Stax

JUNE 27, 2024

According to a 2023 study by Forrester , 69% of online adults in the US said they’d used electronic payments at least once in the past three months. In fact, many suppliers and merchants may prefer this mode of payment due to some benefits we’ll look at in a while. Brainy Insights valued the digital payments market at $102.60

Payment Methods 88

Payment Methods Payment Services Merchant Services SaaS Payments 88

Stax

SEPTEMBER 24, 2024

In 2023, card brands in the U.S. Customers who buy from you are likely to return due to the cash incentive. Your provider should be able to reprogram your payment hardware and software, create a robust cash management strategy, and ensure compliance. If yours can’t, consider CardX by Stax. earned approximately $135.75

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

DECEMBER 9, 2024

It’s important to note that chargebacks can also occur due to “friendly fraud” – where customers intentionally abuse the chargeback process to obtain refunds while retaining the received goods or services. Dealing with credit card chargeback fees isn’t as simple as just paying the amount due and moving on.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88