article thumbnail

Top ISV Companies that Integrate Payments [2024 List]

Stax

By using a cloud-based integrated payment software solution, you can provide a streamlined user experience while also earning an additional revenue stream through monetization. When it comes to payments,partnering with an ISV like Stax Connect is a great way for companies to go to market with their own payment platform.

article thumbnail

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. Visa had put off interchange rate changes during the pandemic years, so they’ve been introducing changes in two phases, with the second wave of updates coming in April 2024.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Stax

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. While it’s up to those listings to decide if they want to use it, Airbnb announced that hosts using it saw as much as a 13% increase in revenue.

article thumbnail

How To Find the Best Credit Card Processor for Small Business in 2024

Stax

Since we’ve spoken a lot about credit card processing before, today we’ll take a look at how to find the best credit card processor for your SMB in 2024. Stax, for example, charges 0% markups on top of interchange, giving you the lowest percentage per transaction rate. But to do most of that, you need to have a credit card processor.

article thumbnail

5 Best Business Savings Accounts for 2024

Stax

In this article, we will explore the fundamental aspects businesses must consider when selecting a savings account and which business savings accounts should be up for assessment in 2024. This can affect cash flow, particularly for smaller businesses or those with fluctuating revenue. All reputable banks in the U.S.

article thumbnail

Credit Card Surcharges: What Are They and Are They Legal?

Stax

Credit card surcharges help merchants avoid any transaction costs and get nearly 100% of their revenue. Jeffrey adds, “ Of course, when our clients still have reasons to opt for credit cards, CardX by Stax. As of 2024, credit card surcharging is illegal in the following U.S. Ready to maximize your credit card revenue?

article thumbnail

ISV vs PayFac: The Similarities and Differences Between Independent Software Vendors and Payment Facilitators

Stax

Further, Statista projects that the value of global digital transactions will exceed $11 trillion in 2024. This gives them greater control over the customer experience and an opportunity to generate additional revenue. This gives them greater control over the customer experience and an opportunity to generate additional revenue.