article thumbnail

Recurring Payments: Definition and Implementation Best Practices

Stax

We can see this trend in action in the realm of payment processing with the advent of recurring payments, also known as automatic payments. Industry data shows that subscription-based businesses are growing 3.7x So, let’s dive into the realm of recurring payments and how they can benefit your business.

article thumbnail

Payment Security: Everything You Need to Know About Secure Payments

Stax

So, let’s dive into payment security, touching on the basics of what you need to know to ensure secure payments. TL;DR The PCI DSS determines security protocols and sets the standards for payment security. of the global population using this method of payment in 2022. Contact us to learn more.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Impact of Blockchain on SaaS

Tom Tunguz

The blockchain is a technical advance. Over time, the blockchain’s distributed database will find important applications in business, and funding will follow. Blockchain startups have already targeted major buyers of software, from email security products to job marketplaces, from legal products to human resources software.

article thumbnail

The Critical Question Facing Web3 Infrastructure Startups

Tom Tunguz

One invoice. I would pay each product provider in their own token: one for storage, compute, caching/CDN, email subscription management, etc. Migrate the database (blockchain) and the file system to ensure on-chain asset ownership survives the company. When I hosted this blog on Amazon Web Services, I used 5 products.

article thumbnail

What is B2B Payments Processing and How Do You Implement It?

Stax

An invoice would be sent, and it would need to be paid within an agreed timeframe. But the nature of such services could mean that monthly invoices are always different and plan terms are regularly changed. This business would have more intricate invoicing needs than the office space provider. It’s also cost-effective.

article thumbnail

The Advantages of Blockchain-as-a-Service

SaaS Metrics

SaaS gives people access to software on a subscription basis. The post The Advantages of Blockchain-as-a-Service first appeared on SaaS Metrics. Over the last few years, we’ve witnessed a growing trend of people using software-as-a-service (SaaS). While SaaS models have been popular for a.

article thumbnail

What Is Merchant of Record (MoR)? How It Can Become the Backbone of Your Online Transactions

Subscription Flow

MoR for Subscription Businesses A Merchant of Record (MoR) is essential for subscription businesses to streamline and secure recurring transactions. The MoR, as the legal body in control of payments, handles the complexities of subscription billing, making sure that the services are accurately billed on time.