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

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

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?

Payment Features 88

Payment Features Payment Methods Payment Solutions SaaS Payments 88

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

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

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?

Outsourcing Services 88

Outsourcing Services SaaS Payments Payment Services Payment Methods 88

Stax

NOVEMBER 20, 2023

Small Business Saturday, or SBS, is a much-anticipated shopping event that takes place between the Black Friday and Cyber Monday holiday shopping frenzy. This day benefits local businesses since it encourages 72% of shoppers to shop and dine at small, independently-owned retailers and restaurants—not only on SBS—but year-long.

Payment Methods 88

Payment Methods Merchant Services Stax Payment Services 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 11, 2024

Owning a business can take quite the investment. Depending on the credit card terminal you choose, buying a new machine could cost your business between $200-$1,000 per terminal. Most small businesses cannot handle that cost when starting. Many businesses buy refurbished machines at a low cost or lease-to-own their equipment.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 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

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

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

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

MARCH 12, 2024

Promptly collecting payments from your customers is essential to run a sustainable business. DSO, or Days Sales Outstanding, is a formula and KPI for small and medium-sized businesses to measure the average number of days it takes to collect payments from customers. x 30 = 68.4

Payment Features 88

Payment Features Payment Methods Payment Services Stax 88

FastSpring

FEBRUARY 8, 2023

In this guide, we compare six Recurly competitors and alternatives according to several categories: Subscription management and recurring billing Checkout Global payment processing Reporting and analytics Pricing Customer reviews We’ll start with a deep dive into FastSpring — our end-to-end payment solution (i.e., Automatic or manual renewal.

Payment Services 78

Payment Services Payments Payment Methods Merchant Services 78

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. Visa business cards will have different rates than prepaid or debit cards). Many businesses, like gas stations, choose to offer a small discount for cash transactions, for example.

Payment Services 88

Payment Services Merchant Services Payment Methods Accept Credit Card Payments 88

Stax

APRIL 2, 2024

And with merchants expected to pay as much as $502 million extra after price hikes in 2023 and 2024, these fees are shooting up faster than the transaction amounts spent on purchases. Contact us to get started with CardX by Stax today. At upwards of 3.15% plus ten cents in interchange fees, these extra fees cost a pretty penny.

Merchant Services 88

Merchant Services Payment Methods Payment Services Accept Credit Card Payments 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. Your system needs to handle increasing transaction volumes as your business grows, in addition to busy sales events or periods like the holiday season.

Payment Solutions 88

Payment Solutions Payment Methods Payment Services 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

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. The chip does not affect the price of processing payments. Need some help choosing the right card reader for your business?

Payment Methods 88

Payment Methods Merchant Services Payment Services Stax 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

FEBRUARY 21, 2024

So, of course when it came to revenue-driving activities, Ford knew that success in marketing—and business—wasn’t about how much your marketing spend is, but how efficiently you spend it. One hundred-odd years later, the types of businesses driving the global economy may have changed, but the lesson stays the same: It’s about efficiency.

SaaS Payments 88

SaaS Payments Payments Payment Services Stax 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. TL;DR Surcharges are additional fees consumers pay on top of the base price of goods or services. TL;DR Surcharges are additional fees consumers pay on top of the base price of goods or services.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 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. Plans include pricing, billing cycles (e.g.,

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Features 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. With only 17% of U.S. What is a Fully Integrated Terminal?

Payments 88

Payments Payment Methods Merchant Services Payment Services 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.

Point of Sale 88

Point of Sale Payment Solutions Payment Methods Payment Services 88

SaaSOptics

MARCH 10, 2022

Chargify is a powerful B2B SaaS subscription management software that enables you to employ complex pricing strategies (like prepaid usage or real-time multi-attribute billing), so you can bill exactly the way you want—without the time or financial investment of building out a custom solution. Invoicing and ePay Tools.

Payment Services 87

Payment Services SaaS Payments Payments Payment Solutions 87

Stax

JANUARY 24, 2024

We’re going to dive further into recent announcements about QuickBooks Desktop and what this means for users, and what businesses should consider as their next move. Impact on Current QuickBooks Desktop Users Unsurprisingly, these announcements have caused concern for business owners who are currently using versions of QuickBooks Desktop.

Payment Solutions 88

Payment Solutions Payment Features Payment Services Payment Methods 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

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 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

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

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. While, in case of a surcharge, the customer pays more than the listed price.

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. While, in case of a surcharge, the customer pays more than the listed price.

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 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

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