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Recurring Payments: Definition and Implementation Best Practices

Stax

TL;DR Recurring payments refer to a financial arrangement where a customer authorizes a business to charge their account at regular intervals for products or services. There are a few types of recurring payments to be aware of, which one your business uses will depend on the business model and need for recurring or automatic payments.

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Understanding Credit Card Processing Fees for Merchants: How Much Does Processing Credit Cards Cost?

Stax

For a merchant to accept credit cards, they need to pay both credit card processing fees to the banks involved and for the soft and hardware required to process cards. Choosing the payment processor and other items in your credit card processing tech stack will depend entirely upon your business model. Card Network (e.g.,

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

Stax

Recurring billing is a subscription payment model that automatically charges customers at regular intervals for access to a product or service. This business model is used for subscriptions, memberships, retainers, and other solutions offered on a recurring basis. Learn More What is Recurring Billing?

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Payment facilitation and risk management: What do vertical software companies need to know?

Payrix

This approach creates a seamless experience for your customers and allows you to offload the risk, compliance, and operational costs to your payment facilitation partner, while still reaping the many advantages of Embedded Payments. Plus, a team of dedicated payments experts will be at your disposal to ensure success.

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The most common mistake SaaS companies make on sales tax collection and filings

SaaStr

They learned the importance of sales tax compliance the hard way—when they had to pay millions in back taxes. When the company first began web app development and selling software-as-a-service in 2004, their business model wasn’t even called SaaS. It’s not hard to understand how Basecamp got this wrong.

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Using Paystack for Shopify Merchants To Empower Your E-Commerce Business

Subscription Flow

Key Features of Paystack-Shopify Integration In a nutshell, the biggest advantage of such an integration is that it is based upon a business model which prioritizes both the customers and the merchant. It creates a very comfortable experience for both parties throughout the process.

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It’s Time to Raise Your Debt Facility: Execution Tactics for Founders

Andreessen Horowitz

From our experience, companies who have successfully raised debt typically reach out to roughly 10 potential lenders (banks and credit funds) when setting up their initial discussions—though some ultimately decide to go even broader with 15 to 20. For now, we’ll define lenders in this section to include both banks and credit funds.