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Understanding Risk Management Strategies as a PayFac

Stax

As such, PayFacs need to equip themselves with an effective risk management strategy that helps them continuously monitor risks and employ appropriate risk responses if needed. PayFacs need to equip themselves with an effective risk management strategy that helps them continuously monitor risks and employ appropriate risk responses if needed.

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ISVs vs SaaS: What’s the Difference?

Stax

In this article, you’ll learn the differences between these providers and gain valuable insights for positioning your offerings successfully. Examples of popular SaaS apps include Shopify, an eCommerce platform, Dropbox, a cloud storage service, and Stax Bill, an automated payment processing system. Consider Stax’s partner program.

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

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In this article, we will break down credit card interchange fees so you will know exactly how much you’re spending when running your business. While interchange fees are unavoidable, there are strategies to help minimize their impact, including choosing a cost-effective payment processor, implementing surcharging, and more.

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Are Debit Card Surcharges Legal? What Businesses Need to Know

Stax

This article explores the legal landscape surrounding surcharges, shedding light on the intricacies of state and federal laws and strategies for small businesses to manage processing costs. CardX by Stax helps businesses optimize costs and ensure compliance with surcharge laws. Get in touch!

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Subscription Billing for Businesses: Everything You Need to Know

Stax

When you’re offering a product or service that renews at regular intervals, having a billing strategy that aligns with this unique offering is vital. Learn More In this article, we’re going to explore how subscription-based companies can successfully implement recurring billing and save up to 40 hours a month in accounting processes.

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

Stax

This article sheds light on what the SaaS Magic Number is and how to optimize it. TL;DR The SaaS Magic Number is a metric, somewhat similar to ROI, but designed to assess the efficiency and effectiveness of a company’s sales and marketing strategies. What is the SaaS Magic Number?

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Recurring Billing: Definition, How it Works, and Best Practices

Stax

In this article, we’ll unpack the complexities of recurring billing for businesses operating or transitioning to a recurring billing payment option. Contact Stax Payments today to learn more about their recurring billing and payment processing solutions. Users are used to recurring charges, and businesses are primed to take advantage.