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Increase Revenue by as Much as 93%: Introducing Stax Connect Plus

Stax

Introducing: Stax Connect Plus, the program designed to provide partners with unparalleled access to a dedicated team of payment experts, offering a comprehensive range of resources and support to enhance their success. What is Payments Adoption and how does it relate to your SaaS business? So, how do you bridge this gap?

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Understanding Risk Management Strategies as a PayFac

Stax

In this article, we’ll discuss what SaaS companies looking to become payment facilitators need to know about risk management strategies. Thorough due diligence, technology, and adherence to regulatory guidelines are essential in a PayFac’s risk management strategy.

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Understanding Risk Management Strategies as a PayFac

Stax

Not only must PayFacs safeguard themselves and their clients against potential threats like fraud or cybersecurity breaches but also ensure PCI compliance , customer due diligence, and adherence to card regulations. So you must have risk avoidance, risk identification, and risk reduction strategies in place to combat fraudulent transactions.

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Recurring Payments: Definition and Implementation Best Practices

Stax

Hybrid models Hybrid models combine elements of fixed and variable recurring payments, offering businesses the flexibility to adapt their billing strategies based on the nature of their products or services. Businesses need strategies in place to retain customers and prevent revenue loss due to subscription cancellations. Get in touch!

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ISVs vs SaaS: What’s the Difference?

Stax

Examples of popular SaaS apps include Shopify, an eCommerce platform, Dropbox, a cloud storage service, and Stax Bill, an automated payment processing system. Consider Stax’s partner program. ISVs that integrate their solutions with Stax Connect gain access to the platform’s global reach, co-selling opportunities, and support.

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Understanding Payment Processing Compliance When Implementing Credit Card Surcharging

Stax

Implementing surcharging involves analyzing pricing strategy impact, communicating policies effectively to customers, and reviewing technical considerations, including cybersecurity measures. Here are more reasons to implement surcharging and optimize your payment processing strategies. Consumers pay more for the convenience.

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Ultimate Guide to Surcharges: What is a Surcharge and How Does It Work

Stax

Without strategies in place, disbursements can chip away at your hard-earned bottom line. Healthcare providers, for instance, may factor in compliance costs spent on cybersecurity measures, staff training, regular audits, and legal consultations to ensure adherence to health information privacy regulations. Regulatory Compliance.