Stax

JANUARY 31, 2024

While you can’t avoid the rate hikes, there are strategies and resources available to help merchants mitigate the impact. Compliance and Regulation: Changes in regulations or compliance requirements can also influence interchange rates. Improve your customer retention strategies. swiping vs. manual entry).

Payment Services 88

Payment Services Merchant Services Payment Methods Accept Credit Card Payments 88

Stax

FEBRUARY 5, 2024

Without strategies in place, disbursements can chip away at your hard-earned bottom line. Cost recovery, industry standards, regulatory compliance, and consumer sensitivity are key factors to consider when calculating surcharges. Regulatory Compliance. Identify peak demand periods first before implementing a pricing strategy.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

FEBRUARY 19, 2024

Vertical SaaS solutions are tailored for specific industries, addressing niche needs with in-depth customization and compliance with industry standards. Some examples of niches targeted by vertical SaaS providers include healthcare, eCommerce, finance, and education. Contact us to learn more about Stax Connect.

SaaS Payments 88

SaaS Payments Payment Services Payments Payment Solutions 88

Stax

NOVEMBER 15, 2023

Understanding interchange fees enables merchants to effectively manage processing costs, negotiate better rates, make informed decisions about card acceptance, and ensure compliance with payment industry standards. Surcharging ensures cost recovery but requires compliance with regulations and customer education for long-term success.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88