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

Stax

As the business landscape continues its unstoppable evolution, the necessity for operational efficiency and innovation becomes even more pronounced. You need effective dunning management in place, which involves communicating with customers to update payment information to resolve failed transactions.

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What is an Online Terminal and Why Do Merchants Need One?

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By leveraging online terminals, merchants can enhance their operational efficiency, expand their market reach, and provide an enriched customer experience. As with all digital tools, virtual terminals offer features designed to streamline processes and enhance operational efficiency.

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The 7 Best Mobile POS Systems for Small Businesses in 2024

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Learn More Key Features to Look for in an mPOS System When selecting a mobile point of sale system, certain key features are essential to ensure that the system meets a business’s specific needs and enhances operational efficiency. Which mPOS provider gives the flexibility to get the best rates with the needed services?

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How to Understand Your Profit and Loss (P&L) Statement

Stax

Operating income excludes non-operating items such as interest and income taxes, providing a clear picture of the profitability directly related to the company’s day-to-day activities. Operating income is a key metric for evaluating operational efficiency and management effectiveness.