Stax

APRIL 18, 2024

While they operate under different business models, ISVs and SaaS share similarities in software development, cross-platform accessibility, and industry reach. ISVs, or Independent Software Vendors, are businesses that develop and distribute software products to end-users. Learn More What are ISVs?

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Outsourcing Services SaaS Payments Payment Services Payment Methods 88

Stax

APRIL 18, 2024

Not only are there a number of ways your customers could be using their mobile devices to give payments, but you as a business owner could be leveraging mobile devices to accept them as well. It pays to know exactly how mobile technologies will be impacting your business, or potentially already are.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 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.

Payments 88

Payments Payment Services Payment Methods SaaS Payments 88

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

DECEMBER 20, 2023

In the complicated world of payment processing, understanding the nuances of debit card and credit card payments, along with associated processing fees, is essential for businesses. Businesses can encourage cash transactions or use credit card surcharging as an additional fee to offset payment processing costs.

Merchant Services 88

Merchant Services Payment Services Stax Payment Methods 88

Stax

DECEMBER 6, 2023

Businesses—especially small and medium businesses— continually seek ways to offset these expenses and improve profit margins, leading to the rise of credit card surcharging. Businesses that choose to add surcharges can either charge a fixed flat fee or a percentage of the transaction amount with a cap on the total.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

APRIL 11, 2024

Adding to the already tough job of managing a small or medium business is the complex task of understanding how payment processing works, including managing the fees, equipment, accounts payable and more. Here’s where a Payment Management System (PMS) can swoop in as your financial hero to understand your business better.

Payment Services 88

Payment Services Payment Solutions Merchant Services Payment Methods 88

Stax

FEBRUARY 26, 2024

That’s why businesses are constantly seeking innovative ways to streamline operations and enhance customer experiences. 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. faster than companies in the S&P 500.

Payment Services 88

Payment Services Payment Features Merchant Services Payment Methods 88

Stax

MARCH 15, 2024

Data protection and security are crucial not just for safeguarding customer information, but for protecting business owners as well. Businesses are converting to digital and online platforms to stabilize their profitability at this time. Compliance with PCI DSS is mandatory for businesses that handle credit card transactions.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

MARCH 4, 2024

In 2023, the cost of fraud to online businesses was $48 billion globally, according to Mastercard. A secure payment gateway is one of the main ways merchants can protect their business and customers. Fraud and chargebacks also cause significant losses for businesses. Let’s talk about the “F” word—fraud.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Features 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 21, 2024

SaaS business applications are web-based, which means that they are hosted on cloud infrastructure. Because of their many benefits, businesses have realized the need for implementing SaaS payments as well. SaaS offers businesses a lot of flexibility as they can quickly change their plan if their business needs or usage changes.

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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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Stax

JANUARY 23, 2024

Most small business owners hunting for cloud accounting software will find themselves trying to choose between the two most popular names: Xero and QuickBooks Online. These two giants in the small business accounting software space are equally adored in the business community. Let’s look at their differences.

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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

NOVEMBER 6, 2023

Moreover, companies need to follow data privacy and compliance requirements to stay in business. Besides the enhanced data security, other benefits include reduced risk of breaches, easier regulatory compliance, and compatibility with legacy systems. PANs, customer information, credit card numbers, etc.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 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. If you want to ensure total surcharge compliance, make sure your provider is a leading expert in the field so you can leave it up to them.

Merchant Services 88

Merchant Services Payment Methods Payment Services Accept Credit Card Payments 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

Stax

NOVEMBER 15, 2023

Understanding interchange fees enables merchants to effectively manage processing costs, negotiate better rates, make informed decisions about card acceptance, and ensure compliance with payment industry standards. Navigating the complex legal landscape surrounding surcharging can be a daunting task for businesses.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 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 95

Merchant Services Payment Services Payment Methods Payment Facilitation 95

Stax

JANUARY 8, 2024

Not only must PayFacs safeguard themselves and their clients against potential threats like fraud or cybersecurity breaches but also ensure PCI compliance , customer due diligence, and adherence to card regulations. They must also ensure that sub-merchants are compliant with the regulations set by card companies, e.g. PCI compliance.

Merchant Services 88

Merchant Services Payfac Payment Services 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

SaaStr

AUGUST 18, 2022

ChurnZero is Customer Success software for growing SaaS and subscription businesses. Laika is an enterprise-ready compliance platform that lets growing companies compete on the same level as any large organization. The post Thanks to BEE, ChurnZero, Laika, Quolum, and Stax for Sponsoring SaaStr Annual 2022!

Stax 44

Stax Payment Services Payment Solutions SaaS Payments 44

Stax

DECEMBER 27, 2023

Accepting payments is the most important functionality that a business needs to start selling. A merchant account acts as a pathway between your business, your customers, and the issuer and acquiring banks to process electronic transactions like credit cards. But to accept payments seamlessly and securely, you need a merchant account.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Solutions 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

NOVEMBER 13, 2023

Customers are driving digital advancements, and savvy small business owners should be aware of what’s to come. In this article, we’ll dive deeper into the tap-to-pay movement, where it is now, where it’s going, and how businesses can implement tap-to-pay for smooth, future-proof card transactions.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Solutions 88

Stax

JANUARY 31, 2024

So it’s virtually impossible for a business to not accept Visa cards. Industry: The type of business also affects interchange rates. Compliance and Regulation: Changes in regulations or compliance requirements can also influence 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

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

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

Stax

FEBRUARY 5, 2024

This is how surcharges have become a staple solution, and they’ve helped businesses stay afloat in the sea of overheads. Surcharges are diverse in form and purpose to serve businesses across sectors. Businesses initially collect surcharges to recover additional costs incurred during transactions. Every transaction has a cost.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

NOVEMBER 27, 2023

To choose the right KYC provider, some of the factors you should look at are if the provider offers automated KYC processes, integration with existing systems, future-proof scalability, and full compliance with regulatory requirements. While internationally CDD can be seen as a key component of KYC compliance, within the U.S.,

Merchant Services 88

Merchant Services Payment Services Systems Review Technical Review 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

FastSpring

FEBRUARY 8, 2023

As your MoR, we take on transaction liability for you which means we take the lead on compliance, audits, chargebacks, and more. However, many companies are unaware of the transaction laws of each location where they do business. We also take on transaction liability for you. For example, in some countries (e.g., Fraud detection.

Payment Services 78

Payment Services Payments Payment Methods Merchant Services 78

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.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Facilitation 88

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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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

SaaSOptics

MARCH 10, 2022

Is your company taking advantage of CFO tools like automated invoicing, database management, and automatic tax-compliance updates? Xero is a popular all-in-one accounting software trusted by over 3 million business-owners. . Stax prides itself on being more than just an invoicing platform. Sales Tax and Compliance Tools.

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Payment Services SaaS Payments Payments Payment Solutions 87