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

MARCH 14, 2024

Industry data shows that the B2B payments landscape is rather diverse. These levels require you to provide more transactional data and when implemented properly, you can lower your credit card processing costs significantly. There are some important trends that businesses need to be aware of.

Payment Services 88

Payment Services Merchant Services Payment Methods Payments 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. Contact us today to learn more.

Payment Features 88

Payment Features Payment Methods Payment Solutions SaaS Payments 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. It’s also important to note here that to annualize your recurring revenue from monthly data, you should multiply by twelve instead of four.

SaaS Payments 88

SaaS Payments Payments Payment Services Stax 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

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. Can only start transactions using the payment terminal. No real-time reporting.

Payments 88

Payments Payment Methods Merchant Services Payment Services 88

Stax

JANUARY 31, 2024

Audit your data security measures. Stay informed through industry publications that discuss changes in interchange rates, regulations, and trends affecting payment processing. For example, Stax operates on a flat-rate subscription model that provides you totally transparent access to the exact interchange fees—with no high markups.

Payment Services 88

Payment Services Merchant Services Payment Methods Accept Credit Card Payments 88

Stax

MARCH 6, 2024

Legal and payment compliance Adhering to compliance standards, including those set by the Payment Card Industry Data Security Standard (PCI DSS), is essential. Data security and privacy Merchants must implement robust security measures to protect sensitive information from breaches and unauthorized access.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Features 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

JANUARY 3, 2024

Today, they’re known for their robust services, enhanced security, user-friendly interfaces, and the integration of advanced data analytics. And they come with many powerful business solutions, from real-time data access to invaluable inventory management capabilities. Features like customer data collection (e.g.,

Point of Sale 88

Point of Sale Payment Solutions Payment Methods Payment Services 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. Security Payment processing involves the exchange of sensitive customer data. Any breach can cause a big dent in your reputation.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

FEBRUARY 15, 2024

Moreover, they also allow businesses to not only monitor electronic payments but also obtain helpful data and trends. ISVs ensure software solutions meet standards like PCI DSS (Payment Card Industry Data Security Standard). Both aim to provide seamless, efficient, and user-friendly payment experiences.

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 88

Stax

MARCH 14, 2024

The data stored in your CRM can then be used in your marketing campaigns (like your email marketing) to create a personalized approach to your marketing. Leverage Data Analytics Using data analytics gives businesses a way to understand what’s going on and make decisions based on facts instead of just guessing.

Payment Methods 68

Payment Methods Payment Services Payment Solutions Payments 68

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. What is the difference between a P&L statement and a cash flow statement?

Payment Services 88

Payment Services Payment Methods Software Review Payments 88

Stax

JANUARY 1, 2024

If this trend translates to businesses, $1000 would not go far in safeguarding against unplanned bills, let alone significant financial interruptions. Strong mobile banking security measures, such as two-factor authentication and encrypted data transmission, are essential to protect sensitive financial information.

Business 88

Business Banking Software Review Technical Review 88