article thumbnail

Understanding Risk Management Strategies as a PayFac

Stax

As such, PayFacs need to equip themselves with an effective risk management strategy that helps them continuously monitor risks and employ appropriate risk responses if needed. PayFacs need to equip themselves with an effective risk management strategy that helps them continuously monitor risks and employ appropriate risk responses if needed.

article thumbnail

ISVs vs SaaS: What’s the Difference?

Stax

TL;DR ISVs develop and distribute software products independently and often collaborate with hardware manufacturers and platform providers. While they operate under different business models, ISVs and SaaS share similarities in software development, cross-platform accessibility, and industry reach. Learn More What are ISVs?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Find the Best SaaS Billing Platform: A Complete Guide

Stax

In this guide, we’re going to cover what companies need to consider when choosing a SaaS billing platform—and how Stax Connect makes this process simple. With proper integration, they can minimize billing errors, enable adaptive pricing strategies, and provide real-time insights to enhance overall efficiency. Real-time insights.

article thumbnail

Card Machines: 6 Ways to Save Money on Payment Processing Equipment

Stax

Amazon Renewed eBay TeleTraders Best Buy Outlet Backmarket Negotiate with Providers One of the best ways to save money when making a big purchase is to develop and flex your negotiation skills. (If Stax Payments’ membership-based pricing saves merchants hundreds of dollars per month. If you’re able to negotiate in person—even better.)

article thumbnail

Small Business Saturday Success Tips for 2023

Stax

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. Small Business Saturday , a.k.a.

article thumbnail

Top 6 Recurly Competitors and Alternatives: An In-Depth Review

FastSpring

Our developers are also available to help you build the perfect solution and answer any questions. Personalized developer support: Many payment solutions offer personalized support to their bigger clients and leave the smaller companies to fend for themselves. They advertise the ability to support any ecommerce go-to-market strategy.

article thumbnail

How to Implement Self Checkout for Small Business

Stax

Poor implementation of self-checkouts can add friction to the customer experience, so it’s important to design a tailored checkout strategy and smooth implementation. Implement Rollout and Marketing Plan Use a phased implementation strategy. Get in touch with Stax to discuss your needs. Compatibility.