Remove Communication Remove Payment Features Remove Stax
article thumbnail

How ISV Partnerships and Integrations Can Drive Business Growth

Stax

As anISV, Stax works with a number of software partners to give sub-merchants total control over how they operate their businesses. Companies can capitalize on: Subscription-based integrations , where users pay extra for advanced functionalities. If your customers pay online, you can build hosted payment pages.

article thumbnail

Unearned Revenue: What it is and What it Means for Subscription Businesses

Stax

The concept of unearned revenue can easily trip up SaaS companies that offer subscription services and products on a recurring basis. Unlike when selling ordinary products, you cannot recognize the revenue earned from a subscription all at once. In the case of SaaS subscriptions, this could take several months—or even years.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Top Payment Methods For Small Businesses

Stax

billion lost to fraud in 2024 alone Mobile and contactless payments Mobile and contactless payments are powered by NFC (Near-field communication) technology. They let buyers initiate payments by placing their mobile phone near a compatible payment terminal.

article thumbnail

Understanding the Nature of Payment Gateway Integration For Your Mobile App

Stax

Its crucial to test payment flows across devices and platforms, and whenever possible, use native SDKs that are optimized for mobile behavior and performance. Pro Tip: Collaborate closely with both your development team and your payment providers support team. Q: What are some popular Payment Gateway providers for Mobile Apps?

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. Contact us to learn more.

article thumbnail

Digital Payments: 12 Digital Payment Options to Consider Accepting in Your Business

Stax

Going digital reduces paperwork and manual processing for businesses by automating payment reconciliation, invoicing, and record-keeping processes. Businesses can also streamline accounting tasks by integrating digital payment systems with their financial software, which improves accuracy and efficiency in financial reporting.

article thumbnail

What is a Payment Processing System and How Does It Work?

Stax

Payment processor – The company managing the transaction process. The processor facilitates the transaction by communicating with the payment gateway, issuing bank, and acquiring bank. The payment processor communicates with the issuing bank and card networks to approve or decline the transaction.