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Recurring Payments: Definition and Implementation Best Practices

Stax

We can see this trend in action in the realm of payment processing with the advent of recurring payments, also known as automatic payments. Industry data shows that subscription-based businesses are growing 3.7x Learn More What are Recurring Billing and Payments?

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Payment Security: Everything You Need to Know About Secure Payments

Stax

To stay ahead of fraud means merchants must understand the threats, use trusted and secure providers, and keep up to date on payment security trends. So, let’s dive into payment security, touching on the basics of what you need to know to ensure secure payments.

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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.

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What is B2B Payments Processing and How Do You Implement It?

Stax

Consumers are increasingly gravitating towards quick and convenient payment methods such as contactless payments and mobile wallets when transacting with businesses. Industry data shows that the B2B payments landscape is rather diverse. An invoice would be sent, and it would need to be paid within an agreed timeframe.

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What Is an ACH Payment Facilitator?

Stax

Instead of going through a third-party payment gateway, your ACH PayFac will allow the use of its own platform to process your payments. This is pretty much similar to the service that PayPal offers. Most ACH PayFacs offer instant onboarding , making it quick and easy for merchants to start accepting payments.

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2Checkout vs. Stripe vs. FastSpring: Comparing Payments, Taxes, and Platform Features (+ Pricing)

FastSpring

Merchant of record and payment services provider platforms may each offer varying levels of additional features, such as integrations and API connections, subscription management functionality, customer support, and more. To learn more, visit their documentation page on payment methods. Is Stripe a merchant of record?

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The 7 Best Mobile POS Systems for Small Businesses in 2024

Stax

Around since the 2000s, mPOS systems have come a long way from their origin as a glitchy solution used primarily by micro-businesses to process payments. Today, they’re known for their robust services, enhanced security, user-friendly interfaces, and the integration of advanced data analytics.