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Acquisition of BlockChyp brings new technology and industry expertise to Stax, furthering its evolution as a leading payment processor ORLANDO – October 1, 2024 – Stax , a leading payment technology provider, today announced its acquisition of BlockChyp , further expanding the company’s end-to-end processing capabilities.
The rapid evolution of embeddedpayments is reshaping industries and unlocking new opportunities, particularly for small business sectors that have often been overlooked. Weve kind of fit them into the box of how we do split payments, Gray explained. What Makes the Optimal EmbeddedPayment Experience?
If youre a software provider looking to boost revenue, streamline operations, and deliver more value to your users, ISV integrated payments can be a game-changer. Embeddingpayments directly into your platform can unlock tremendous benefits both for you and your users. Pro tip: Stax Connect ticks all these boxes and more.
In this landscape, embeddedpayments have become a great way for SaaS companies to provide value-added services on top of their core offerings to customers. With the plethora of options available, choosing a payment provider and integrating payments into your existing SaaS product can seem daunting.
Experienced payments and sales executive joins Stax leadership team to drive accelerated growth for Stax Connect and embeddedpayments. StaxPayments , Inc., a leading payment technology provider, has appointed Jeremy Krahl as the SVP, ISV Business Development. and Canada.
“In an era where technology shapes the future of payments, Stax’s vision to revolutionize embeddedpayments aligns perfectly with my passion for risk prevention,” said Neiconi. Most recently, Neiconi was the Head of Fraud & Risk North America for Adyen. and Canada.
StaxPayments , a leading payment technology provider, has appointed Mark Sundt as Chief Technology Officer. As CTO, Sundt will accelerate the delivery of new products, features, and functionality that unlock and drive increased value for Stax customers and partners. To learn more about Stax, visit staxpayments.com.
Look for an eCommerce payment system that offers plug-and-play integrations with your existing tech stack to minimize development costs. Ensure it integrates with accounting software like Xero, QuickBooks, and FreshBooks for streamlined financial tracking and tax reporting. Find out whether its a requirement and act accordingly.
To the incredible Stax community: allow us to take a moment to recognize a milestone that we are extraordinarily proud of—our 10th anniversary. Sprinkled throughout this article are quotes from some of Stax’s long-standing employees, because who better to tell the company’s story than the people who help make it happen?
Plus, native payment features improve convenience and efficiency, offering a seamless experience that reinforces your brand identity and increases user satisfaction. Embeddedpayments provide valuable data on transaction volume, average transaction size, and payment frequency—all of which help you understand and better serve users.
Software companies are always on the lookout for new ways to build a better product offerings for their customers. This is especially true now more than ever before as Software-as-a-Service (SaaS) solutions continue to be amongst the fastest-growing segment within the tech world. But how exactly should a SaaS company monetize payments?
Research shows that the global software-as-a-service (SaaS) industry was valued at $248.76 It’s an alternative to traditional software distribution and on-premise software installation—companies don’t need to build and maintain servers or data centers. So users don’t need to worry about updating the software.
There are several examples of embedded fintech, including: EmbeddedPayments Many customers would rather not take out a credit card and enter its details every time they’re about to make an online purchase. Embeddedpayments solve this by saving a payment method for easier digital transactions.
It easily connects with e-commerce platforms, CRMs, and accounting software, streamlining data synchronization and reducing manual entry. Integration with Third-Party Platforms and Services Seamlessly connects with e-commerce platforms, CRMs, and accounting software. Supports webhooks, APIs, and pre-built plugins.
Business owners are increasingly showing an overwhelming preference for SaaS platforms with embeddedpayment capabilities as part of their offerings. Manual payment processing and disconnected software and payment solutions are dying out, and research by Sifted shows that the integrated financial services market will grow to $3.6
Companies and software providers that embed payment solutions into their services and platform are likely to attract and retain more customers. By using a cloud-based integrated paymentsoftware solution, you can provide a streamlined user experience while also earning an additional revenue stream through monetization.
In a recent interview with Austin Prey from PYMNTS , Adam Gray , Chief Transformation Officer at Stax, shared his perspective on the challenges and opportunities facing independent software vendors (ISVs) as they integrate payment solutions to meet the diverse needs of their merchant customers. Contact sales
Navigating the world of payments can be complicated, especially when you’re running a software business with many moving parts. Embeddingpayments is a great first step, but encouraging merchants to adopt payments and onboarding them is another hurdle many ISV/SaaS businesses run into.
While payment initiatives may vary from one SaaS platform to the next, their journeys often share common milestones. At Stax, we describe that journey in three key phases: build, launch, and grow. You first need to set up the proper infrastructure to enable embeddedpayments; from there, you’ll want to launch smoothly.
The payment gateway : this is a cloud-based paymentssoftware integrated with your website thats responsible for the secure transfer of your customers credit card information to your payment processor. It also lets you accept and process in-person, online, mobile, and recurring payments.
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