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How to Find the Right Credit Card Terminal for Your Business

Stax

Choosing the right type of terminal for your small business requires understanding your business needs and doing your own third-party research on providers you’re considering. Level Up Your Terminal with Stax Card Readers What is a Credit Card Terminal? They can also take contactless payments from mobile wallets.

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ISVs vs SaaS: What’s the Difference?

Stax

While they operate under different business models, ISVs and SaaS share similarities in software development, cross-platform accessibility, and industry reach. ISVs and SaaS providers differ in software distribution, licensing models, hosting responsibilities, support options, upgrade and maintenance procedures, and scalability.

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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

Choosing the payment processor and other items in your credit card processing tech stack will depend entirely upon your business model. Payments made via e-commerce platforms and through mobile devices can also have different rates. Stax can ensure that while you grow, your credit card processing fees don’t.

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

Stax

Physical and eCommerce product subscription businesses are expected to make up 45% of the market’s value. Mobile apps make up 53%, and the SaaS market is worth $152 billion. Users are used to recurring charges, and businesses are primed to take advantage. Mobile apps make up 53%, and the SaaS market is worth $152 billion.

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Everything You Need To Know about Merchant Processing and How To Choose the Right Solution for Your Needs

Stax

Many POS systems are also equipped with software that helps with other business processes like inventory and staff management, in addition to payment processing. Mobile processing solutions Mobile processing solutions don’t require additional equipment to initiate a card payment.

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ISV vs PayFac: The Similarities and Differences Between Independent Software Vendors and Payment Facilitators

Stax

The payment processing industry facilitates electronic transactions between merchants and customers, spanning online, mobile, and in-person payments. Business model and revenue streams – ISVs generate revenue through software sales, licensing fees, and subscription models. What Is an ISV vs PayFac?