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Stax Celebrates 10 Years: Looking Back at a Decade of Growth and Payment Innovations

Stax

To the incredible Stax community: allow us to take a moment to recognize a milestone that we are extraordinarily proud of—our 10th anniversary. Sprinkled throughout this article are quotes from some of Stax’s long-standing employees, because who better to tell the company’s story than the people who help make it happen?

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Demystifying Credit Card Interchange Fees: What You Need to Know [2024 Rates and Updates]

Stax

Set rate processing Subscription rate processing TL;DR Interchange fees are not collected by your payment processor or bank; they go directly to the card-issuing banks. Some others, including Stax, offer subscription-style processing that gives you access to the lowest rates of interchange.

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How to Choose Between EFT vs ACH: A Comprehensive Guide

Stax

ACH payment is more affordable and can be automated and payee-initiated, making it ideal for recurring transactions and subscription payments. In 2024, it processed 1.2 For example, SaaS companies use this to efficiently and easily manage customer subscriptions. You plan to optimize your customers subscriptions.

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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.

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The Ultimate Guide to Ecommerce Payment Solutions

Stax

According to the Worldwide Retail Ecommerce Forecast 2024 by eMarketer, eCommerce will account for 21.0% A SaaS company with subscription billing would opt for a solution with enterprise-level support, custom pricing, and fraud protection. of retail sales in 2025, amounting to $6.862 trillion. This is expected to grow to 22.6%

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Payment Gateway vs Payment Processor: What You Need to Know

Stax

Stax, Square, Fiserv) Typical Users Online merchants, SaaS platforms, subscription services Any merchant accepting credit or debit card payments Payment Terminology Understanding payment processors and payment gateways starts with getting familiar with commonly-used terminology and the parties involved in payment processing.

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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.