Remove Branding Remove Education Remove Payment Methods Remove Stax
article thumbnail

Visa Interchange Rates 2024: What You Need to Know

Stax

If your company accepts credit card payments ( which it should ), chances are, you’re going to be affected by Visa’s interchange rates. Visa is one of the biggest payment networks in the world, with ~4.2B These rates are set and collected by the network for processing transactions and maintaining the payment infrastructure.

article thumbnail

How to Streamline Your SaaS Clients’ Merchant Underwriting Process—and Improve Adoption Rates

Stax

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. For example, if you have a project management app, then you can add payment features that allow people to use your software to take payments from their clients.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Can You Decrease Credit Card Interchange Fees?

Stax

If you’re selling anything at all these days—online or in-person—it’s absolutely imperative to learn about interchange fees. They significantly impact the cost of accepting card payments. These fees help cover the costs of processing the payment and maintaining the card network. They are therefore non-negotiable.

article thumbnail

Credit Card Surcharges: What Are They and Are They Legal?

Stax

According to Forbes , 32% of consumers use it as their primary payment method. But as great as they are for consumers, merchants know that accepting credit card payments comes with added costs in the form of processing fees. The processing fee can be a fixed value or a percentage and varies among card brands.

article thumbnail

Vertical SaaS vs Horizontal SaaS: 8 Differences and Similarities

Stax

Some examples of niches targeted by vertical SaaS providers include healthcare, eCommerce, finance, and education. To select the right SaaS model, you’ll want to determine which aligns better with your software features, target audience, and brand messaging to stand out in an increasingly saturated marketplace.