Stax

JANUARY 28, 2024

This business model has now been adapted very well in the internet age, especially in the SaaS (Software-as-a-Service) and eCommerce industries. The most potent benefit of the subscription-based business model is that companies are guaranteed a fixed revenue stream—if they can retain their customers or subscribers. The alternative?

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Stax

APRIL 17, 2024

To access these functionalities, most companies work with an independent software vendor (ISV) partner, which essentially is a software company or app that works with another ISV company to drive their digital transformation and revenue sales, improve scalability, and enhance business processes.

Payments 68

Payments Merchant Services Payment Methods Payment Services 68

Stax

FEBRUARY 28, 2024

Here’s an interesting stat: 70% of businesses consider subscription and membership models indispensable for future commercial growth and expansion. Software-as-a-service (SaaS) businesses need to constantly evolve their offerings to stay fresh and relevant. However, only 10% of them currently employ these models.

Payments 88

Payments SaaS Payments Payment Services Merchant Services 88

Stax

DECEMBER 20, 2023

Offering payment processing services is a move that makes sense for a lot of SaaS companies, particularly if your software helps your customers run their business. Not to mention, payments serve as an additional (and highly lucrative) revenue stream for SaaS companies, so your business will also enjoy a healthier bottom line.

Merchant Services 88

Merchant Services Payment Services SaaS Payments Payments 88

Stax

MAY 6, 2024

When you think about growing your business, improving data security probably isn’t at the top of your list—and that’s understandable. In our latest webinar, Garrek Harris, Director of Platform Management at Stax, discussed the ins and outs of data security for merchants and ISVs.

Payment Services 88

Payment Services Merchant Services compliance SaaS Payments 88

Stax

DECEMBER 20, 2023

Interchange is the fee that credit card companies like Visa and Mastercard charge businesses to accept their cards. 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. Interchange fees are simply a cost of doing business.

Payment Services 167

Payment Services Merchant Services Payment Methods Payment Solutions 167

Stax

MAY 7, 2024

Also known as the discount rate, interchange fees vary depending on the amount being transacted and the industry in which the business is. The rates also vary based on card type, transaction type, and industry or business type. Payment gateway fees – Businesses need a payment gateway to process online card transactions.

Merchant Services 88

Merchant Services Payment Services Payment Methods Accept Credit Card Payments 88

Stax

APRIL 18, 2024

Choosing the payment processor and other items in your credit card processing tech stack will depend entirely upon your business model. Merchant: The business or entity selling goods or services and accepting credit card payments. Then, there are also different rates for business credit cards and cards tied to rewards programs.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

MAY 30, 2024

Since you want customers who come back for repeat business, it’s essential to implement some best practices for your field service operations. Learn More Understand the Target Market Any business that often dispatches its mobile workforce or technicians to its clients is a potential FSM software client.

Payment Solutions 88

Payment Solutions Payment Services Merchant Services SaaS Payments 88

Stax

APRIL 2, 2024

While some businesses have accepted swipe fees as a way of life, small business owners may struggle with remaining profitable while also providing a range of payment options. You could also add the phrase “We don’t surcharge cash or debit card transactions,” or add which card brands you accept. It’s that easy!

Merchant Services 88

Merchant Services Payment Methods Payment Services Accept Credit Card Payments 88

Stax

FEBRUARY 28, 2024

consumers using cash for purchases , choosing the right payment terminal for your business is more important than ever. Businesses need to streamline the entire payment process by offering customers a payment setup that’s fast and convenient for credit card transactions. What are the top brands of payment terminals in the market?

Payments 88

Payments Payment Methods Merchant Services Payment Services 88

Stax

JANUARY 22, 2024

Each day, it becomes increasingly crucial for every business to accept online payments in order to remain competitive and avoid being left behind. You’ll learn the similarities, differences, and when and where to employ each type of solution for your business.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

FastSpring

FEBRUARY 8, 2023

However, many companies are unaware of the transaction laws of each location where they do business. The portal is fully customizable so it can match your visual brand, but it’s managed by FastSpring, so that your team can focus on more strategic tasks. We also take on transaction liability for you. For example, in some countries (e.g.,

Payment Services 78

Payment Services Payments Payment Methods Merchant Services 78

Stax

JANUARY 8, 2024

This allows you to bring the payment experience in-house, keep it on-brand, gain customer trust, and provide a seamless checkout experience to end users. Operational risks Also known as strategic risks, these are risks that may stem from a PayFac’s unsound business practices or faulty decision-making.

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Merchant Services Payfac Payment Services SaaS Payments 88

Stax

JANUARY 31, 2024

So it’s virtually impossible for a business to not accept Visa cards. Card Type: Different card types ( debit , credit, rewards cards) and card brands carry different interchange rates. Industry: The type of business also affects interchange rates. Visa business cards will have different rates than prepaid or debit cards).

Payment Services 88

Payment Services Merchant Services Payment Methods Accept Credit Card Payments 88

Stax

MARCH 14, 2024

During the 2020s, almost all businesses will have been looking at b2b payments processing solutions to meet changing consumer needs. Consumers are increasingly gravitating towards quick and convenient payment methods such as contactless payments and mobile wallets when transacting with businesses. Not sure where to start?

Payment Services 88

Payment Services Merchant Services Payment Methods Payments 88

Subscription Flow

MARCH 25, 2024

An MoR becomes an invaluable ally, especially for businesses considering global expansion, as they can skillfully navigate the complex web of international laws and currency issues that arise in cross-border e-commerce. Also, how it may serve as an excellent Merchant of Record ecommerce solutionfor your small business!

Merchant Services 89

Merchant Services Payment Services Payment Methods Payment Facilitation 89

Stax

JANUARY 24, 2024

What makes this pricing strategy so appealing to businesses? Dynamic pricing enables businesses to capture the highest possible value for a product or service at any time of day, week, or year. So, how does dynamic pricing work, and what do businesses need to be aware of when implementing it?

Payment Methods 88

Payment Methods Pricing Airlines Payment Solutions 88

Stax

JUNE 11, 2024

However, card purchases bring in extra costs for business owners (e.g., Reliance on credit card payments can also make businesses vulnerable to technical issues or outages, potentially disrupting their operations and affecting customer satisfaction. that cut into profit margins. This is a win-win for both the customer and the retailer.

Merchant Services 68

Merchant Services Payment Methods Payment Services Payment Solutions 68

Stax

JANUARY 3, 2024

Whether businesses are on the road or staff are simply moving about in-store, mobile point of sale systems (mPOS systems) are becoming an increasingly popular POS option for small businesses. They’re indispensable for businesses of all sizes. mPOS solutions are the superpower for small businesses in 2024.

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Point of Sale Payment Solutions Payment Methods Payment Services 88

Stax

MARCH 6, 2024

As the business landscape continues its unstoppable evolution, the necessity for operational efficiency and innovation becomes even more pronounced. Physical and eCommerce product subscription businesses are expected to make up 45% of the market’s value. Consider this: Consumers are already conditioned to the subscription model.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Features 88

Stax

NOVEMBER 8, 2023

This may be concerning for certain types of businesses as they need to spend more to process credit and debit card payments as compared to cash. Clearly, the monthly fees that businesses typically pay to accept card payments can eat away a significant portion of their revenue and overall profits.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

APRIL 30, 2024

Whether you run a small online store or a major brand, accepting electronic payments is a must for all businesses. These are solutions that help you authenticate and accept payments according to your business requirements. These are solutions that help you authenticate and accept payments according to your business requirements.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 88

Stax

JANUARY 24, 2024

Before 2013 though, credit card brands like Visa and Mastercard didn’t allow surcharging because they didn’t want to discourage customers from using credit cards as a preferred mode of payment. However, after a 2013 lawsuit, card companies started allowing businesses to charge customers a fee for using credit cards. in most US states.

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 88

Stax

JANUARY 24, 2024

Before 2013 though, credit card brands like Visa and Mastercard didn’t allow surcharging because they didn’t want to discourage customers from using credit cards as a preferred mode of payment. However, after a 2013 lawsuit, card companies started allowing businesses to charge customers a fee for using credit cards. in most US states.

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 88

Stax

JANUARY 17, 2024

TL;DR A payment facilitator (PayFac) is essentially a SaaS vendor or software provider that enables its users (businesses) to accept online payments from their customers through the platform itself. This makes ACH PayFacs a desirable option for small businesses or start-ups. Let’s get started.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

MARCH 19, 2024

Business owners are increasingly showing an overwhelming preference for SaaS platforms with embedded payment capabilities as part of their offerings. TL;DR Vertical SaaS products are custom solutions that help business owners effectively manage challenges and regulatory requirements that are peculiar to their industry.

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Payments Payment Services Payment Methods SaaS Payments 88

Stax

FEBRUARY 19, 2024

Software as a Service (SaaS) has made business software more accessible by offering cloud-based, on-demand access to a range of solutions, from project management and collaboration to sales and marketing. Some solutions, like Slack or Microsoft, are useful for any kind of business. But not all SaaS products are alike.

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SaaS Payments Payment Services Payments Payment Solutions 88

Stax

NOVEMBER 15, 2023

That said, these fees can vary based on several factors like card brand, transaction location, etc. You will, however, see higher or lower interchange fees depending on a variety of factors, such as the card brand, the location of the transaction (whether it’s in-person at a point-of-sale or online) and more.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

MAY 2, 2024

In an ideal world, every business would have enough cash flow to stay afloat in the short term and allow the owner to focus on long-term goals. But small business owners know this isn’t always the case. Small business loans exist to allow business owners to prop up their businesses in the short term and cover temporary cash flow gaps.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payments 88

Stax

APRIL 4, 2024

A credit card surcharge is an additional fee charged by businesses that receive payment through credit cards. TL;DR A credit card surcharge is an additional fee charged by businesses that receive payment through credit cards. Businesses need to be compliant with these laws and also with the guidelines issued by card companies.

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Merchant Services Payment Methods Payments Payment Services 88

Stax

JANUARY 10, 2024

Credit card transactions have quickly become the lifeblood of eCommerce businesses and storefronts alike. 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. billion every single day.

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Merchant Services Payment Services Payment Methods Payment Facilitation 88

Stax

DECEMBER 13, 2023

Even though they’re one of the most popular payment options today, accepting credit cards at your business can turn out to be a significant expense. Merchant service providers help businesses connect with these credit card networks and offer the necessary hardware and software to process credit card payments.

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Merchant Services Payment Methods Payment Services Accept Credit Card Payments 88

Stax

FEBRUARY 15, 2024

The writing on the wall is clear—businesses need to start accepting digital payments and software providers need to start offering payment services one way or another. ISVs create software platforms for various industries, including business management, healthcare, and finance.

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 88

Stax

JANUARY 15, 2024

Is your business experiencing an increase in complaints from customers about hidden fees or unexpected charges? A holistic approach ensures successful integration into business operations. Legal and Regulatory Framework Compliance ensures secure and transparent financial transactions, but nuances exist that businesses must grasp.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

FastSpring

DECEMBER 7, 2022

FastSpring: Takes on Responsibility for Payment Processing, Remitting Taxes, and More for SaaS Businesses. A Merchant of Record (MoR) is the business entity that sells goods or services to the buyer. Increase conversions with branded, localized checkout. Not every business can use the same free trial model.

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Payment Methods Merchant Services Payment Services Payments 148

Stax

MAY 16, 2024

Integrating the EHR software with payment processing tools like Stax Connect also helps create an all-in-one platform that simplifies workflow management at hospitals and other medical practices. Direct mailing: You can also market your product by sending brochures and business cards directly to the mailing addresses of healthcare businesses.

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Payment Solutions Payments Payment Methods Software Review 88