Stax

DECEMBER 20, 2023

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. Interchange fees vary significantly depending on the card issuer, the issuing bank, type of transaction and/or merchant type.

Payment Services 167

Payment Services Merchant Services Payment Methods Payment Solutions 167

Stax

MARCH 18, 2025

A typical payment processing procedure involves multiple parties, including the merchant, customer, payment processor, payment gateway, issuing bank, acquiring bank, and card networks. The processor facilitates the transaction by communicating with the payment gateway, issuing bank, and acquiring bank.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JUNE 17, 2025

With so many players in the payments space, from banks and fintechs to all-in-one platforms, figuring out who does what (and who’s right for you) can quickly get confusing. And depending on your needs, working with one could give you more flexibility, service, and value than a traditional bank.

Merchant Services 88

Merchant Services Payment Services SaaS Payments Payment Methods 88

Stax

MAY 13, 2025

But the right solution offers far more than transaction supportit can elevate your business strategy. Interchange fees are the base fees charged by card-issuing banks to process a transaction. Here are some of the benefits you can unlock from the right payment processing solution.

Merchant Services 88

Merchant Services Payment Services Payment Methods SaaS Payments 88

Stax

DECEMBER 9, 2024

Debit or credit card chargebacks are when a disputed charge made to a merchant’s account is refunded to the customer’s bank account. This has been aided by the rise of online banking, which has made the chargeback process as easy as a few clicks. What Are Credit Card Chargebacks?

Merchant Services 88

Merchant Services Payment Services Payment Methods Software Review 88

Stax

JANUARY 23, 2025

How Merchant Underwriting Works The merchant underwriting process typically follows a few steps carried out by the payment facilitators or acquiring bank to develop an underwriting risk profile. For example, businesses with a history of chargebacks should implement strategies to reduce disputes. Contact us today. Request a Quote

Merchant Services 68

Merchant Services Payment Services Payment Methods Development Team Review 68

Stax

MARCH 5, 2025

The payment processor is a financial institution that handles transactions between the two banks. Instead of driving down the complicated road of bank transfers or check payments, you can give your customers a simpler way to complete their purchases through your own website. But what’s the difference between these two?

Payment Services 88

Payment Services Payment Methods Merchant Services Payments 88

Stax

JANUARY 28, 2025

The original sensitive data is still secured and hidden in an external data bank. Payment verification by the issuing bank means the customers bank will check whether the customer has sufficient funds to complete the transaction. Your provider should help with this.

Payment Methods 68

Payment Methods Payment Services Merchant Services SaaS Payments 68

Stax

AUGUST 22, 2024

In this article, we’ll discuss what SaaS companies looking to become payment facilitators need to know about risk management strategies. Thorough due diligence, technology, and adherence to regulatory guidelines are essential in a PayFac’s risk management strategy.

Merchant Services 88

Merchant Services Payment Services Payfac SaaS Payments 88

Stax

APRIL 17, 2025

In short, theyre the cornerstone of an integrated commerce strategy. To ensure efficient, cost-effective payment processing you should partner with a trusted payment processor like Stax. The good thing is that Stax not only offers payment processing services, but also POS equipment for retail businesses like yours.

Payment Methods 88

Payment Methods Payment Solutions Point of Sale Payment Services 88

Stax

MARCH 15, 2025

Having a strategy to monetize payments gives SaaS companies an additional revenue stream while enhancing the customer experience and reducing customer churn. You also should evaluate your pricing strategies, some of which include value-based pricing and cost-plus pricing. Enter payment monetization.

Payments 88

Payments Merchant Services SaaS Payments Payment Services 88

Stax

JANUARY 8, 2024

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.

Merchant Services 88

Merchant Services Payfac Payment Services SaaS Payments 88

Stax

DECEMBER 20, 2023

TL;DR Merchant underwriting is the risk level assessment process an acquiring bank carries out on every new merchant before they grant them a merchant account. The bank assumes the risk on behalf of the business and needs to make sure that they screen new businesses before handing out merchant accounts. What Is Merchant Underwriting?

Merchant Services 88

Merchant Services Payment Services SaaS Payments Payments 88

Stax

APRIL 10, 2025

In contrast, debit card payments are withdrawn directly from the customers bank account and are mainly used by buyers who want to control their spending. Both are used to transfer funds directly from one bank account to another, unlike credit card payments that involve multiple third-party financial institutions.

Payment Methods 88

Payment Methods Payment Services SaaS Payments Payment Solutions 88

Stax

DECEMBER 20, 2023

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! What is a debit card?

Payment Services 88

Payment Services Merchant Services Stax Payment Methods 88

Stax

MARCH 4, 2025

The issuing bank verifies whether the customer has enough funds in their account to complete the transaction. Once approved, the information is sent to the merchants bank account, where the funds are deposited. If necessary, you need to apply for a merchant account through a bank or payment processor.

Payment Methods 88

Payment Methods Payments Payment Services Merchant Services 88

Stax

FEBRUARY 28, 2024

In this guide, we’re going to cover what companies need to consider when choosing a SaaS billing platform—and how Stax Connect makes this process simple. With proper integration, they can minimize billing errors, enable adaptive pricing strategies, and provide real-time insights to enhance overall efficiency. Real-time insights.

Payments 88

Payments SaaS Payments Payment Services Merchant Services 88

Stax

JANUARY 31, 2024

Visa interchange rates are the fees charged by Visa to process transactions between issuing banks and merchants. They cover the costs of managing the network, ensuring security, and facilitating the transfer of funds between banks. Improve your customer retention strategies. cards currently in use.

Payment Services 88

Payment Services Merchant Services Payment Methods Accept Credit Card Payments 88

Stax

NOVEMBER 15, 2023

TL;DR Credit card interchange fees are the fees that merchants pay to banks and credit card companies every time they accept credit cards. Credit card interchange fees are the fees that merchants pay to banks and credit card companies every time they take a non-cash purchase. Learn More What are credit card interchange fees?

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

FEBRUARY 26, 2024

For subscription businesses, the customer’s account should also include options for subscription management where they can adjust the frequency of deliveries, pause or cancel the subscription, update card information or bank account information, and more. Why Accept Recurring Payments? Get in touch!

Payment Services 88

Payment Services Payment Features Merchant Services Payment Methods 88

Stax

DECEMBER 20, 2023

Here are Stax’ Top Credit Card Processing Tips. Analyzing this data in the reports your processor provides can help tailor marketing efforts and improve overall business strategies. Many of our tips apply to how Stax works, with no contracts, surcharges, and optimized terminals that pair perfectly with our subscription pricing plans.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

NOVEMBER 6, 2023

The good news is that with a solution like Stax Connect, this need not be difficult or complicated. The good news is that with a solution like Stax Connect, this need not be difficult or complicated. Stax Connect has the capabilities to help you build a complete payments ecosystem from scratch in just a month’s time.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

FastSpring

FEBRUARY 8, 2023

Another example is that the Reserve Bank of India limits automatic payments to ₹15,000 (approximately $180) — anything over that amount has to be manually approved by the customer. If you’re working with international card networks and issuing banks, it gets even more complicated. For example, in some countries (e.g., Fraud detection.

Payment Services 78

Payment Services Payments Payment Methods Merchant Services 78

Stax

SEPTEMBER 26, 2024

Merchants pay interchange fees to compensate the cardholder’s bank (issuer) for the risk of managing credit card accounts. If you see declining card purchases or increasing complaints, you may need to reevaluate your surcharge strategy. Shoppers pay convenience and service fees to businesses.

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 88

Stax

JANUARY 10, 2024

By understanding how credit card companies charge merchants and how these fees are calculated, businesses can explore optimization strategies to manage and reduce some of these costs. By facilitating credit card transactions, merchant service providers act as intermediaries between credit card companies and the issuing banks.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Facilitation 88

Stax

FEBRUARY 28, 2024

There’s no denying that it’s an ideal strategy to help maximize your revenue and improve your cash flow, as you’ll be able to save upwards of thousands of dollars via processing fees each year. How Does Surcharging Compare to Other Fee Management Strategies? What are the Benefits of Using a Surcharging Program for Merchants?

Merchant Services 88

Merchant Services Payment Services Payment Methods Stax 88

Stax

NOVEMBER 20, 2023

Small businesses can thrive on SBS with these 8 tips: (1) Lay the groundwork with past data, (2) enhance digital presence, (3) improve the in-store experience, (4) run marketing campaigns, (5) promote special offers, (6) engage the community, (7) collect feedback, and (8) develop post-event strategies. Small Business Saturday , a.k.a.

Payment Methods 88

Payment Methods Merchant Services Payment Services Stax 88

Stax

MAY 7, 2024

Credit card merchant fees are split between multiple key players- merchants, credit card networks, banks, and processors. Interchange fees are set by credit card issuers, such as Bank of America, Citi, or Chase, and are adjusted every year in April and October. Stax is one card payment processor that uses this pricing model.

Merchant Services 88

Merchant Services Payment Services Payment Methods Accept Credit Card Payments 88

SaaSOptics

MARCH 10, 2022

Chargify is a powerful B2B SaaS subscription management software that enables you to employ complex pricing strategies (like prepaid usage or real-time multi-attribute billing), so you can bill exactly the way you want—without the time or financial investment of building out a custom solution.

Payment Services 87

Payment Services SaaS Payments Payments Outsourcing Services 87

FastSpring

DECEMBER 7, 2022

They’ll receive a receipt from FastSpring, and FastSpring will be listed on their bank or credit card statement. You have to agree to certain terms and conditions before a card network or issuing bank will approve transactions with your business. Maxio advertises their ability to accommodate any go-to-market strategy (i.e.,

Payment Methods 148

Payment Methods Merchant Services Payment Services Payments 148

Stax

JANUARY 28, 2024

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. Decide on your pricing strategy There are two key parts to setting up recurring billing. However, this probably won’t prove to be an effective strategy in the long run.

Payment Features 88

Payment Features Payment Methods Payment Solutions SaaS Payments 88

Stax

MARCH 6, 2024

By the end of this guide, you’ll have `a clear overview of its operational framework, strategic benefits, best practices, and advanced strategies to maximize this powerful, rapidly rising payment tool. TL;DR Recurring billing is a powerful solution to streamline processes and enhance revenue generation and customer engagement.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Features 88

Stax

JANUARY 15, 2024

Implementing surcharging involves analyzing pricing strategy impact, communicating policies effectively to customers, and reviewing technical considerations, including cybersecurity measures. Here are more reasons to implement surcharging and optimize your payment processing strategies. Consumers pay more for the convenience.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

APRIL 18, 2024

Set Up a Merchant Account To accept credit card payments, you’ll need to establish a merchant services account with a payment processor or acquiring bank. Stax, for instance, offers fully transparent pricing and a wide range of capabilities able to accommodate your business’s needs now and as it grows.

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88

Stax

JANUARY 1, 2024

Business savings accounts are crucial to a sound organizational strategy. Some banks might offer fee waivers under certain conditions, such as maintaining a combined balance across multiple accounts. Depending on the bank and the type of account, this can range from a nominal sum to a substantial amount.

Business 88

Business Banking Software Review Technical Review 88

Stax

SEPTEMBER 24, 2024

Reduced risk of chargebacks – A chargeback is a reversal of a debit or credit card payment initiated by a customer through their bank or card provider. Your provider should be able to reprogram your payment hardware and software, create a robust cash management strategy, and ensure compliance.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JULY 25, 2024

Or maybe you want one with customer management features to help you with personalized marketing strategies. For example, you can integrate your POS system with a payment processor like Stax Payments and enjoy fair payment processing rates, third-party app integration, and comprehensive reporting. How many stores do you have?

Point of Sale 88

Point of Sale Payment Methods Payment Solutions Payment Services 88