article thumbnail

Stax Payments Appoints Mark Sundt as Chief Technology Officer

Stax

Stax Payments , a leading payment technology provider, has appointed Mark Sundt as Chief Technology Officer. As CTO, Sundt will accelerate the delivery of new products, features, and functionality that unlock and drive increased value for Stax customers and partners. To learn more about Stax, visit staxpayments.com.

CTO 88
article thumbnail

What is the SaaS Magic Number and How Do You Calculate It?

Stax

It helps businesses understand the effectiveness of their customer acquisition and retention strategies. Pro tip: if you’re looking to offer integrated payments within your software, Stax Connect can help fuel your growth. Users continue using the platform and companies benefit from a steady revenue stream.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Subscription Billing for Businesses: Everything You Need to Know

Stax

These are important considerations because they dictate how much flexibility your customers have when subscribing, which is a key part of customer acquisition. Stax Bill is a best-in-class subscription billing platform that scales effectively alongside your operation. This may be off-putting for many would-be subscribers.

article thumbnail

How to Maintain Anti-Money Laundering Compliance as a PayFac

Stax

With proper KYC protocols in place, you can effectively unearth the deposition of illicit funds, layering, and acquisition of assets like real estate. The good news is, with a solution like Stax Connect , you can not only start facilitating payments and also onboard sub-merchants quickly while managing risk.

article thumbnail

Vertical SaaS vs Horizontal SaaS: 8 Differences and Similarities

Stax

This creates an intensely competitive landscape with a higher churn rate, but greater customer acquisition opportunities. HubSpot’s acquisition of chatbot system Motion AI, for example, was a response to growing customer demand for on-demand communication systems. Contact us to learn more about Stax Connect.