Remove Communication Remove Payment Features Remove Stax Remove Technology
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

Would My Business Benefit From Using A Contactless Virtual Terminal?

Stax

These businesses often conduct most of their business over the phone, submit electronic invoices, or have recurring monthly membership services fees. Virtual credit card processing terminals provide several up-to-the-minute security features, keeping your customers’ financial information safe.

article thumbnail

Days Sales Outstanding Formula: What is DSO and How Do You Calculate It?

Stax

In an ideal world, all customers would pay an invoice the moment they receive it. But in reality, companies often have to spend considerable time and resources chasing down late payments that are stuck in Accounts Receivable. Promptly collecting payments from your customers is essential to run a sustainable business.

article thumbnail

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

Stax

According to Forbes , “mobile payments are increasingly being used by U.S. shoppers as customers become more comfortable with the technology.” 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.

article thumbnail

How to Streamline Your SaaS Clients’ Merchant Underwriting Process—and Improve Adoption Rates

Stax

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. How exactly can you get your users started with payments? The first step is to find a partner that can provide the right payment technologies and services to your customers.

article thumbnail

How Adopting Mobile Payments Can Help Your Business Grow in 2024

Stax

A lot has changed in 20 years, and businesses must either adopt a modern and mobile payment infrastructure or risk becoming about as relevant as the cash register in a mall department store. So how can you adopt mobile payments for your business, and how can you benefit from these payment services?