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How to Streamline Your SaaS Clients’ Merchant Underwriting Process—and Improve Adoption Rates

Stax

SaaS companies can avoid having to integrate their software with that of gateways and banks, undergo thorough merchant underwriting, and submit mountains of documents by working with a trusted PayFac like Stax to make their software more comprehensive for their clients. What Is Merchant Underwriting?

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Visa Interchange Rates 2024: What You Need to Know

Stax

While you can’t avoid the rate hikes, there are strategies and resources available to help merchants mitigate the impact. So a few other strategies you can employ to either avoid raising prices completely or raise them a smaller amount are: Train your staff in transaction optimization. Audit your data security measures.

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Credit Card Processing for Small Business: 9 Tips for Accepting Payments Securely and Cost-Effectively

Stax

Here are Stax’ Top Credit Card Processing Tips. In today’s world, knowing how credit card transactions work is super important for any business owner, given that card transactions make up the bulk of all payment transactions. Request a custom quote to see how Stax Pay can work for you.

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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. Surcharging calculation methods Calculation methods determine the apt surcharge payments for different operations and circumstances. Know what works best for your business to optimize your pricing strategy without alienating customers.

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Vertical SaaS vs Horizontal SaaS: 8 Differences and Similarities

Stax

While their target audience and the breadth of their solutions are the key differences, vertical and horizontal SaaS also share many similarities, in particular cloud-based hosting and subscription business models. Some examples of niches targeted by vertical SaaS providers include healthcare, eCommerce, finance, and education.