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. With only 17% of U.S. What is a Fully Integrated Terminal?

Payments 88

Payments Payment Methods Merchant Services Payment Services 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

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

DECEMBER 20, 2023

Just starting out with your small business? By following these simple tips, you’ll be able to secure credit card processing rates that make big businesses jealous. Look for transparency in pricing, no hidden fees, and options that suit your specific business needs. Make it a point to choose the right pricing models.

Payment Services 88

Payment Services Merchant Services Payment Methods 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. Processing Credit Cards How It Works Paying for something with a credit card is deceptively simple.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

FEBRUARY 28, 2024

Point of sale terminals are reprogrammed (or pre-programmed) to add the appropriate fee without manual input from merchants. Businesses of all sizes feel the brunt of it. But small businesses, in particular, can be crushed by these fees. Surcharge rules do differ from state to state. There’s no way around it.

Merchant Services 88

Merchant Services Payment Services Payment Methods Stax 88

Stax

JANUARY 3, 2024

In this blog, we will cover what your small business needs to consider when implementing self-checkout. Assess Business Needs Understand your storefront and customer habits. Identify pain points, consider demographics, and balance labor costs with customer preferences. 9 Steps for Implementing Self-Checkout Step Summary 1.

Payment Solutions 88

Payment Solutions Payment Methods Payment Services 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

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

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. Once it’s up and running, make sure you have point-of-entry and POS signage. For both options, you need to adhere to the following best practices.

Merchant Services 88

Merchant Services Payment Methods Payment Services Accept Credit Card Payments 88

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

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

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

MARCH 14, 2024

Yet, while time has provided customers and businesses with more education on the security benefits of EMV card chips, many businesses and consumers are still confused about key components. Skimmers can be installed on legitimate card readers, such as ATMs or POS terminals. Check out this guide !)

Payment Methods 88

Payment Methods Merchant Services Payment Services Payment Solutions 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. After all, the topic of security doesn’t sound as exciting as that latest Instagram hack and isn’t as immediately impactful as a new sales tactic. the CRM or ISV software.

Payment Services 88

Payment Services Merchant Services compliance SaaS 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. A payment gateway can be the POS system where you swipe your card in-store.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 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

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

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

MARCH 26, 2024

This article covers the what, why, and how of online terminals; all a business owner needs to know to dive in and thrive. Adopting this technology ensures that businesses stay competitive and remain attuned to the evolving demands of their customers. TL;DR Virtual terminals power various types of transactions.

Payment Methods 88

Payment Methods Merchant Services Payment Services Payments 88

Stax

JANUARY 24, 2024

However, after a 2013 lawsuit, card companies started allowing businesses to charge customers a fee for using credit cards. In this article, we’ll explore what a credit card surcharge is and why it should matter to small business owners. However, the cost gets added to the final dollar amount which may make the sale less lucrative.

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 88

Stax

JANUARY 24, 2024

However, after a 2013 lawsuit, card companies started allowing businesses to charge customers a fee for using credit cards. In this article, we’ll explore what a credit card surcharge is and why it should matter to small business owners. However, the cost gets added to the final dollar amount which may make the sale less lucrative.

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 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

NOVEMBER 6, 2023

When you’re serving customers, you need to be as fast and efficient as possible—no matter how big or small your business is. Your customers are busy and so are you. Thankfully, with mobile payments from Stax , you can quickly accept and process payments from your customers. Learn More What Is Mobile Payment Processing?

Merchant Services 88

Merchant Services Payment Methods Mobile Payments Payment Services 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. Take a look below.

Merchant Services 88

Merchant Services Payment Services Payment Methods Accept Credit Card 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

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. In order to receive card-based payments, businesses need to have a merchant account.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 88

Stax

DECEMBER 20, 2023

As a small business owner, it’s important to accept different payment methods like cash, credit card, and contactless or NFC mobile payments to ensure an easy shopping experience for your customers. Stax, for example, charges 0% markups on top of interchange, giving you the lowest percentage per transaction rate. trillion in 2021.

Payment Services 88

Payment Services Merchant Services Payment Methods Stax 88

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

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

FEBRUARY 15, 2024

FIS Global reports that in Norway, Sweden, and other Scandinavian countries, more than 90% of transactions processed at point-of-sale (POS) in 2023 were cashless. 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 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.

SaaS Payments 88

SaaS Payments Payment Services Payments Payment Methods 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.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Facilitation 88

Stax

NOVEMBER 15, 2023

The Anatomy of Credit Card Processing Fees Let’s break down the nitty-gritty of credit card processing fees—because understanding where your hard-earned money goes when you accept card payments is crucial for any business owner, especially one of a small business. Interchange fees First off, you’ve got interchange fees.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 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.

Merchant Services 88

Merchant Services Payment Methods Payments Payment Services 88

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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Payment Methods Payment Solutions Payment Features Software Review 88