Stax

MAY 5, 2025

As with eCommerce and traditional payment systems, mobile commerce requires onlinepayment gateways. This can result in: Slower development times due to trial-and-error implementation. Fraud detection systems might not be active in the sandbox, leading to a false sense of security. fraud triggers, insufficient funds).

Payments 88

Payments Payment Services Merchant Services Payment Solutions 88

Stax

MARCH 11, 2025

Its a process where the credit card data is replaced by placeholder values on your local system, while the original data is stored externally in a secure data vault. You, the merchant, will ideally also receive a message via email or another means of communication to alert you to the successful transaction.

Payment Methods 88

Payment Methods Payment Services Merchant Services SaaS Payments 88

Stax

SEPTEMBER 17, 2024

When looking for a payment gateway, make sure it easily integrates with your payment processor, offers transparent pricing, allows you to white-label the payment experience, and has great customer reviews. It’s also the software in your POS system or card readers that processes the customer’s payment data in a brick-and-mortar setting.

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88

Stax

MAY 6, 2025

For example, brick-and-mortar businesses such as coffee shops may choose to use a point-of-sale system (POS system) or hardwired credit card reader to accept card payments at the counter. Consider the following: POS systems – POS terminals are present in brick-and-mortar stores and are used to take payments in-store.

Accept Credit Card Payments 88

Accept Credit Card Payments Payment Services Merchant Services Payment Methods 88

Stax

NOVEMBER 6, 2023

Thankfully, with mobile payments from Stax , you can quickly accept and process payments from your customers. Learn all about mobile payments and why you may want to consider joining the Stax family to streamline payments and boost your small business’ productivity. From there, everything runs as it would from the stationary system.

Merchant Services 88

Merchant Services Payment Methods Mobile Payments Payment Services 88

Stax

MAY 20, 2024

This is important for subscription businesses due to recurring advance payments. A robust subscription management platform like Stax is capable of managing not only recurring billing, invoicing, and CRM, but also automating the entire revenue recognition process so you can focus on building your business.

Payment Features 167

Payment Features Payments Payment Services SaaS Payments 167

Stax

SEPTEMBER 19, 2024

Metrics like churn rate, average order entry time, RFP win rate, % of orders delivered in time & in full, revenue, MOM profit margins, and more will help you develop a clear picture of how well your new QTC system is performing. Risk of errors due to complexity. Billing and invoicing software (e.g.,

Payment Services 88

Payment Services Payment Solutions Payments Payment Features 88

Stax

DECEMBER 20, 2023

SaaS companies can avoid having to integrate their software with that of gateways and banks, undergo thorough merchant underwriting, and submit mountains of documents by working with a trusted PayFac like Stax to make their software more comprehensive for their clients. This system works very well for SaaS providers.

Merchant Services 88

Merchant Services Payment Services SaaS Payments Payments 88

Stax

FEBRUARY 28, 2024

In this guide, we’re going to cover what companies need to consider when choosing a SaaS billing platform—and how Stax Connect makes this process simple. This includes subscription management, revenue recognition, dunning management, integrations with other business systems, fraud prevention, and more. Adaptive pricing strategies.

Payments 88

Payments SaaS Payments Payment Services Merchant Services 88

Stax

DECEMBER 20, 2023

Other factors you should take into account are integration with existing systems, security and fraud protection, customer support, and ease of use. Stax, for example, charges 0% markups on top of interchange, giving you the lowest percentage per transaction rate.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Features 88

Stax

MARCH 18, 2025

To keep the system of securing financial information and cardholder information safe, a multi-pronged approach to payment processing data security is imperative. If your SaaS business is facilitating payment collection from within your platform, this article is worth a read to understand and secure your system.

Payment Services 88

Payment Services Payment Methods SaaS Payments Merchant Services 88

Stax

NOVEMBER 13, 2023

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.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Solutions 88

Stax

NOVEMBER 6, 2023

Customers can pay with their watch or phone just by tapping it on a card reader, and businesses can host an entire POS system on a mobile phone. By using near-field communication (NFC), Apple Pay, and Samsung Pay services turned each company’s mobile devices into highly secure digital payment wallets.

Payment Methods 88

Payment Methods Payment Services Mobile Payments Merchant Services 88

Stax

MAY 21, 2024

We’re seeing a similar trend in the legal industry, where law firms rely on case management systems to run their businesses. With management systems’ continual growth and improvement, it’s no wonder software sales are at an all-time high. If you’re selling law practice management systems to law firms, you’re definitely not alone.

Payment Solutions 88

Payment Solutions Payment Services Payments Software Review 88

Stax

FEBRUARY 26, 2024

And while solutions like POS systems are perfect for in-person payments, what about when you need to offer remote billing or refunds, or if you need to process a customer’s credit card over the phone? A contactless virtual terminal can also serve as a backup to your point of sale (POS) system.

Payment Methods 88

Payment Methods Payment Services Merchant Services Payment Solutions 88

Stax

APRIL 30, 2024

Depending on the business type, merchant processing solutions are of two types: Point-of-sale (POS) systems POS systems are a popular payment collection system, with more than 93,300 companies using them in the US alone. These systems enable a smartphone or tablet to function as a card terminal.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 88

Stax

MARCH 12, 2024

As well as identifying inefficiencies in payment processing or customer communications, DSO is a key financial benchmark to assess liquidity and the state of accounts receivable. Customer payment behaviors How quickly or slowly your customers make payments has a direct impact on DSO, as timely payments by the due date keep DSO low.

Payment Features 88

Payment Features Payment Methods Payment Services Stax 88

Stax

MAY 30, 2024

Top Customer Review: “I’ve been using FreshBooks for about six months now, and I’m loving the freedom it gives me. G2Crowd ( Read the rest of the review ) GoSimpleBooks GoSimpleBooks allows you to concentrate on the larger aspects of your business so you don’t waste time focusing on time-consuming tasks. Highly recommend it.

Payment Solutions 88

Payment Solutions Payment Methods Payment Services Technical Advisors 88

Stax

MARCH 14, 2024

Whether signature or PIN authorized, EMV chip cards are the new global standard for debit and credit cards due to the increased security of EMV technology over the classic magstripe. The signature is compared with the one on the back of the card or with the signature stored in the card issuer’s system.

Payment Methods 88

Payment Methods Merchant Services Payment Services Payment Solutions 88

Stax

MARCH 4, 2024

While debit and credit card transactions remain popular, many are now contactless, using near-field communication (NFC). Many businesses and respected institutions have immediately been taken down for days, weeks or longer due to cyber attacks designed to exploit their vulnerabilities. billion digital wallet users, or 42.6%

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Features 88

Stax

APRIL 10, 2025

You also need a payment services provider that supports your chosen payment methods, but that providers platform must integrate seamlessly with your existing CRM, ERP, payroll, CMS, and accounting software systems. Digital currencies are instead based on a decentralized system and no single entity controls their supply.

Payment Methods 88

Payment Methods Payment Services SaaS Payments Payment Solutions 88

Stax

JULY 9, 2024

Contactless payments Related to traditional card payments are contactless or Near-Field Communication (NFC) payments , which take the form of NFC-enabled payment cards or mobile wallets. Many small businesses opt to go cashless , making a robust EFT payment system imperative. Are EFT Payments Safe?

Payment Methods 88

Payment Methods Payment Services Merchant Services Payment Solutions 88

Stax

FEBRUARY 19, 2024

In some cases, providers may offer an account manager who is tasked with offering demos or providing tailored support for company users, which helps to streamline the transition into adopting new systems or workflows. This is due to the smaller market size and longer development time needed to create tailored industry solutions.

SaaS Payments 88

SaaS Payments Payment Services Payments Payment Solutions 88

Stax

APRIL 18, 2024

Choosing and setting up your mobile payment processing system should be research-intensive, but is a straightforward process, meaning once you know what you want, you can get set up fairly easily and quickly. Bluetooth, headphone jack), compatibility with your operating system, and security features.

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88

Stax

FEBRUARY 28, 2024

Your payment terminal can be fully or semi-integrated with your POS system. It’s possible to have a non-integrated system, but this is becoming increasingly less common. As such, there is a 2-way sync between the devices The POS system offers One-way communication to the physical terminal. Card-present rate.

Payments 88

Payments Payment Methods Merchant Services Payment Services 88

Stax

MAY 30, 2024

Field service management software is a system that helps a company monitor and coordinate their employees’ activities off the company’s premises. Due to the differences in applications, understanding your target market is the first step to growing your FSM business. Stax Connect ticks all of these boxes.

Payment Solutions 88

Payment Solutions Payment Services Merchant Services SaaS Payments 88

Stax

APRIL 18, 2024

Payment Gateway: A service provider that facilitates communication between the merchant’s POS system and the acquiring bank’s payment processing system. The merchant’s point-of-sale (POS) system sends an authorization request to the acquiring bank (also known as the merchant bank) via a payment gateway.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

MARCH 6, 2024

You need effective dunning management in place, which involves communicating with customers to update payment information to resolve failed transactions. Regularly review and optimize pricing models The subscription economy is dynamic, and customer preferences can shift. It also reduces the workload on customer support teams.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Features 88

Stax

APRIL 23, 2024

If neither of these options works for you, you can communicate with your employees that their payment will be a few days late, but we suggest problem-solving before opting for that. When you use Stax , ACH transactions only cost $0.29 Get in touch with Stax to speak with a payment expert who can help. on average.

Payment Methods 88

Payment Methods Payment Services Payment Solutions Payment Features 88

Stax

AUGUST 29, 2024

A PSP (Payment Service Provider) can equip your eCommerce and brick-and-mortar business with an all-in-one platform that supports multiple payment systems, including debit & credit cards, eWallets, and bank transfers (ACH). In contrast, dedicated merchant service providers like Stax offer robust and stable merchant accounts.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

JANUARY 15, 2024

Implementing surcharging involves analyzing pricing strategy impact, communicating policies effectively to customers, and reviewing technical considerations, including cybersecurity measures. Businesses must ensure clear communication with customers regarding any surcharges. Security audits. End-to-end encryption.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

AUGUST 20, 2024

Due to this, both online and brick-and-mortar businesses are making it possible for customers to access lending without having to pay a visit to a separate lending institution. Their platform seamlessly integrates with the Stax Connect API to help its customers accept ACH , eChecks, and card payments. from 2024 to 2030.

Payments 88

Payments Payment Methods Merchant Services Finance 88

Stax

FEBRUARY 5, 2024

This could include upgrading equipment, implementing waste recycling systems, or introducing energy-efficient processes. Implement a system for regular surcharge monitoring, and be open to tweaking your pricing strategy based on customer feedback and market trends. Regulatory surcharge. reduced surcharges). Flexibility goes a long way.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

MAY 7, 2024

For example, the interchange fees for online transactions may be higher due to the higher risk of credit card fraud. Terminal or equipment fees – Small businesses often lease or purchase payment processing equipment, such as point-of-sale (POS) systems or credit card terminals. These fees can also vary based on transaction type.

Merchant Services 88

Merchant Services Payment Services Payment Methods Accept Credit Card Payments 88

Stax

JUNE 11, 2024

In 2023, cash accounted for 12% of POS system transactions and only 1% of all eCommerce transactions in the US. Also, clear communication with customers about price changes is crucial for building trust and ensuring legal compliance. Clearly communicate the benefits of paying with cash and any changes to pricing or payment options.

Merchant Services 68

Merchant Services Payment Methods Payment Services Payment Solutions 68

Stax

AUGUST 13, 2024

Due to its safety, security, and ease of use, touch to pay is used by many customers at fast-food restaurants, grocery stores, gas stations, pharmacies, and even hotel lobby kiosks. There are two technologies that make contactless payments possible — Near Field Communication (NFC) and Radio-frequency identification (RFID).

Payment Methods 88

Payment Methods Payment Services Payment Solutions Payments 88

Stax

JANUARY 21, 2025

Setting up your payment page Businesses can create payment links by subscribing to a payment processing company ( like Stax ) that offers this functionality. For example, “Payment for invoice #12345: Web design services, $500, due by January 31.” You communicate with your customers using lots of different channels.

Payment Methods 88

Payment Methods Merchant Services Payment Solutions Payment Services 88