Remove Communication Remove Payment Features Remove PayPal Remove Stax
article thumbnail

Payment Security: Everything You Need to Know About Secure Payments

Stax

So, let’s dive into payment security, touching on the basics of what you need to know to ensure secure payments. TL;DR The PCI DSS determines security protocols and sets the standards for payment security. of the global population using this method of payment in 2022.

article thumbnail

How to Find the Best SaaS Billing Platform: A Complete Guide

Stax

Here’s an interesting stat: 70% of businesses consider subscription and membership models indispensable for future commercial growth and expansion. They must engineer a well-rounded solution that makes handling subscriptions a breeze (and yes, it is as hard as it sounds). However, only 10% of them currently employ these models.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is an ACH Deposit and How Does It Work?

Stax

Nearly 93% of Americans receive payments through direct deposit and ACH payments make it simpler for employers to manage funds without handing out physical checks or dealing with pesky extra fees. While employers cannot batch ACH direct deposits, they can set up recurring payment methods within their Automated Clearing House.

article thumbnail

How Adopting Mobile Payments Can Help Your Business Grow in 2024

Stax

Request Quote Upgrade Your Legacy Equipment for Mobile Payments The world’s foremost mobile phone manufacturers, Apple and Samsung started to foster the use of mobile payments as early as 2014 and 2015, respectively. That’s where you can turn to mobile payment systems.

article thumbnail

Mobile Credit Card Processing Explained: What Business Owners Need to Know

Stax

Mobile credit card processing enables them to collect same-day payments on the spot, eliminating the hassle of invoicing or waiting for checks. This not only improves cash flow but also enhances customer satisfaction by offering convenient payment options. Keep your customer in mind at all phases of the design process.

article thumbnail

Tap to Pay: What It Is and How It Works

Stax

How Tap to Pay Works Tap-to-pay, whether used with a contactless card or a smart device, operates through Near Field Communication (NFC) technology. This short-range wireless communication technology allows data exchange between devices close to each other, typically within a few centimeters.

article thumbnail

Merchant Credit Card Fee Guide 2024: How Much Does It Cost to Process Credit Cards?

Stax

Payment processors who’ve popularized this model include PayPal and Square. Instead, it’s based on a subscription structure where merchants pay an annual or monthly fee plus the specific interchange rates at the time of the transaction. This makes it a popular choice for small businesses looking to set up credit card payments.