Stax

MARCH 15, 2024

Data protection and security are crucial not just for safeguarding customer information, but for protecting business owners as well. By combining a secure payment system with secure payment habits like not collecting excess data from customers, you’ll go a long way in safeguarding your business against fraud.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

APRIL 11, 2024

SMB owners wear many hats, managing everything from staff to sales. TL;DR Payment Management Systems manage payment processing so you can accept payments, send invoices, track transactions, and view financial data. A PMS accepts payments, sends invoices, tracks transactions, and analyzes your financial data—all in one place.

Payment Services 88

Payment Services Payment Solutions Merchant Services Payment Methods 88

Stax

APRIL 18, 2024

Merchants can accept payments anywhere with mobile credit card processing, eliminating the need for a fixed point-of-sale terminal. That can mean paying the plumber by credit card in their own house or paying for a sweater with the sales associate who helped them pick it out, rather than going to find the POS desk.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

SaaStr

AUGUST 18, 2022

Stax is an industry-leading payments technology provider that is revolutionizing the payments processing experience completely. The all-in-one Stax Platform provides businesses of all sizes the scalable business technology needed to manage financials, payments, invoicing, inventory, sales data, customer data and more.

Stax 43

Stax Payment Services Payment Solutions SaaS Payments 43

Stax

APRIL 18, 2024

Processor: An entity responsible for handling transaction data between the merchant, acquiring bank, and card networks. 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. With tiered pricing, merchants typically pay 1.5%

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

NOVEMBER 13, 2023

This short-range wireless communication technology allows data exchange between devices close to each other, typically within a few centimeters. Data transmission: The NFC antennas in both devices communicate with each other. This dynamic data makes it difficult for attackers to reuse intercepted information for fraud.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Solutions 88

Stax

FEBRUARY 28, 2024

Point of sale terminals are reprogrammed (or pre-programmed) to add the appropriate fee without manual input from merchants. If you’re working with a payment processing provider like Stax , they can take care of much of the following. Here at Stax, we can reprogram existing terminals and also have pre-programmed options.

Merchant Services 88

Merchant Services Payment Services Payment Methods Stax 88

Stax

DECEMBER 20, 2023

Here are Stax’ Top Credit Card Processing Tips. Secure transactions ensure you can maintain a trustworthy reputation with past and future customers, as well as reducing the financial losses that come from the fines and legal fees associated with compromising customer data. It’s best to avoid long-term contracts.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

FEBRUARY 21, 2024

And because of the digital nature of SaaS businesses and their subscription-based business models, the ability to collect data on how the company is performing is easier and faster than ever. Enter the SaaS Magic Number, which measures the return on sales and marketing spend in generating new subscription revenue.

SaaS Payments 88

SaaS Payments Payments Payment Services Stax 88

Stax

MARCH 14, 2024

This means that NFC technology is not limited to payment applications and can be used for a wide range of purposes beyond payments, such as data exchange and access control. Tokenization, which replaces sensitive card data with a unique token, has become more prevalent in CNP transactions.

Payment Methods 88

Payment Methods Merchant Services Payment Services Stax 88

Stax

NOVEMBER 20, 2023

Small businesses can thrive on SBS with these 8 tips: (1) Lay the groundwork with past data, (2) enhance digital presence, (3) improve the in-store experience, (4) run marketing campaigns, (5) promote special offers, (6) engage the community, (7) collect feedback, and (8) develop post-event strategies. Limited-time offers.

Payment Methods 88

Payment Methods Merchant Services Stax Payment Services 88

Stax

MARCH 14, 2024

Industry data shows that the B2B payments landscape is rather diverse. Generally, but not always, B2B transactions tend to occur less frequently but at far higher amounts, involving extended sales cycles, negotiations, contracts, and on-going relationships between the two businesses. These are the most common: 1.

Payment Services 88

Payment Services Merchant Services Payment Methods Payments 88

Stax

FEBRUARY 28, 2024

Access to Data and Reports Access to real-time transactional data and rich reports from one platform. Access to real-time reporting by sending data to the terminal. Only access the most recent batch and settlement data from that day. As such, cashiers can process sales faster, and there’s no room for human error.

Payments 88

Payments Payment Methods Merchant Services Payment Services 88

Stax

JANUARY 28, 2024

This not only protects customer payments and internal company data but also books customer trust. Stax Bill is a best-in-class subscription billing platform that scales effectively alongside your operation. Keep an eye on your recurring billing data. It emphasizes customer retention over one-time sales.

Payment Features 88

Payment Features Payment Methods Payment Solutions SaaS Payments 88

Stax

JANUARY 8, 2024

Common risk management strategies for PayFacs include proper merchant vetting and onboarding, transaction monitoring and fraud prevention, chargeback mitigation, KYC/AML compliance, and data breach prevention. Reputational risks Risks associated with things like data breaches, poor customer service, company controversies, etc.

Merchant Services 88

Merchant Services Payfac Payment Services SaaS Payments 88

Stax

JANUARY 24, 2024

Dynamic pricing is calculated through the use of data collection and machine learning algorithms to analyze market conditions and make appropriate pricing decisions. There are some serious ethical considerations involved with dynamic pricing, namely price discrimination and regulatory concerns related to consumer rights and data privacy.

Payment Methods 88

Payment Methods Pricing Airlines Payment Solutions 88

Stax

APRIL 2, 2024

In 2022, industry data shows that credit card companies earned a whopping $126.4 If you want to start implementing surcharging to save on processing costs, but don’t know how to ensure 100% compliance, let our team at CardX by Stax be your experts so you don’t have to be. Contact us to get started with CardX by Stax today.

Merchant Services 88

Merchant Services Payment Methods Payment Services Accept Credit Card Payments 88

SaaSOptics

MARCH 10, 2022

SaaSOptics automates your expense and revenue recognition , helping you keep your data clean and making audits a breeze. Its robust suite of integrations empowers your team to manage every step of your order-to-cash process seamlessly and without fear of inaccurate data. They have a whole host of CRM tools to browse.

Payment Services 87

Payment Services SaaS Payments Payments Payment Solutions 87

Stax

JANUARY 3, 2024

Ensure data protection and security. Self-service checkouts need to integrate seamlessly with your existing point-of-sale system, as well as your systems for inventory management and sales tracking. Security features such as encryption and tokenization ensure that sensitive data remains hidden while transactions are processed.

Payment Solutions 88

Payment Solutions Payment Methods Payment Services Payments 88

Stax

MARCH 26, 2024

That said, these tools are more than just a means to accept payments; they represent a comprehensive solution that integrates sales, inventory management, and customer data into a unified system. These features simplify transactions, bolster security, and provide valuable insights into customer behavior and sales trends.

Payment Methods 88

Payment Methods Merchant Services Payment Services Payments 88

Stax

APRIL 30, 2024

In addition, they also ensure the privacy of business data and compliance with laws and regulations. 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.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 88

Stax

JANUARY 3, 2024

Whether businesses are on the road or staff are simply moving about in-store, mobile point of sale systems (mPOS systems) are becoming an increasingly popular POS option for small businesses. Today, they’re known for their robust services, enhanced security, user-friendly interfaces, and the integration of advanced data analytics.

Point of Sale 88

Point of Sale Payment Solutions Payment Methods Payment Services 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. This will directly lead to an increase in sales volume and revenues.

Merchant Services 88

Merchant Services Payment Methods Mobile Payments Payment Services 88

Stax

DECEMBER 20, 2023

Since the big players in the landscape generally all offer a robust set of services, data shows that most SMBs are satisfied with their payment processors and aren’t likely to switch. 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 Stax 88

Stax

JANUARY 17, 2024

The great thing about an ACH PayFac solution like Stax Connect is that SaaS companies or ISVs can embed ACH payments in their software easily and own (also, white label) the payment experience. ACH PayFacs may seem to be somewhat similar to independent sales organizations (ISO). On the other hand, ACH PayFacs process payments directly.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

MARCH 19, 2024

It improves cash flow with faster payment processing Instead of the traditional time-wasting process of manually reconciling receipts, your platform will automatically organize payment transaction data and even help with compliance-related tasks, all of which will shorten the period your users will receive the funds in their merchant accounts.

Payments 88

Payments Payment Services Payment Methods SaaS Payments 88

Stax

DECEMBER 27, 2023

Without a merchant account, it’s very difficult to ensure consistent cash flow or manage multiple sales channels effectively. Different providers will charge different fees for their services, such as per-transaction fees or monthly and annual fees based on sales volume. Common merchant account fees include: Processing fees.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Solutions 88

Stax

FEBRUARY 19, 2024

Software as a Service (SaaS) has made business software more accessible by offering cloud-based, on-demand access to a range of solutions, from project management and collaboration to sales and marketing. With Stax Connect, you can quickly fuel the growth of your platform and enable payments for your users.

SaaS Payments 88

SaaS Payments Payment Services Payments Payment Solutions 88

Stax

FEBRUARY 15, 2024

FIS Global reports that in Norway, Sweden, and other Scandinavian countries, more than 90% of transactions processed at point-of-sale (POS) in 2023 were cashless. They can adopt the independent sales organization ( ISO model ) or the payment facilitator model (PayFac).

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 88

Stax

JANUARY 10, 2024

Payment processor fees The payment processing company used by the merchant will charge a range of processing fees in exchange for facilitating transactions and providing equipment such as POS (point of sale) and card readers. This is where CardX by Stax comes in. PCI compliance fees.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Facilitation 88

Stax

MARCH 14, 2024

By being flexible with pricing, businesses can meet customers where they are at the moment, meaning you don’t lose out on possible sales OR additional profit margins. Increase Sales Through Up-selling and Cross-selling Training sales teams to up-sell and cross-sell effectively increases your average order value–and thus your overall profit.

Payment Methods 68

Payment Methods Payment Services Payment Solutions Payments 68

FastSpring

DECEMBER 7, 2022

All revenue is yours, but FastSpring is the liable party for the sale. For subscription data migration with payment information included, click here for more info. For subscription data migration without payment information, click here for more info. Contact our sales team for information on markup rates.).

Payment Methods 133

Payment Methods Merchant Services Payment Services Payments 133

Stax

NOVEMBER 29, 2023

Many are too small to have thorough financial reporting practices in place, but they’re also too big to make sense of their financial data without accurate reporting. P&L statements help them understand their business through their financial data. Income tax: This includes taxes paid on the company’s earnings.

Payment Services 88

Payment Services Payment Methods Software Review Payments 88

Stax

JANUARY 23, 2024

At its most basic level, these tools help you to track your earnings and expenses so that you can monitor cash flow, make accurate reports, analyze your financial data and optimize your efforts. Cons Limited tax tools – Although Xero offers sales tax software, it doesn’t match QBO with the level of its tax tools.

Payment Methods 88

Payment Methods Payment Solutions Payment Features Software Review 88