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

Stax

Here’s an interesting stat: 70% of businesses consider subscription and membership models indispensable for future commercial growth and expansion. They must engineer a well-rounded solution that makes handling subscriptions a breeze (and yes, it is as hard as it sounds). However, only 10% of them currently employ these models.

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Recurring Billing: Definition, How it Works, and Best Practices

Stax

For businesses offering subscriptions, memberships, retainers, and other recurring services, recurring billing is a powerful solution to streamline processes and ultimately enhance revenue generation. Consider this: Consumers are already conditioned to the subscription model. Learn More What is Recurring Billing?

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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. This is what we call payment adjacency,” explains Richard.

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What is an Online Terminal and Why Do Merchants Need One?

Stax

With seamless online payment processing, streamlined processes, and enhanced operational efficiency, online terminals simplify transactions, bolster security, and provide valuable insights into customer behavior and sales trends. Analytics and Reporting Tools: Many online terminals have built-in analytics and reporting features.

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Ultimate Guide to Surcharges: What is a Surcharge and How Does It Work

Stax

These processing fees or additional charges are transferred, in part, to the customers engaging in those activities. Implement a system for regular surcharge monitoring, and be open to tweaking your pricing strategy based on customer feedback and market trends. Industry Standards. reduced surcharges). Flexibility goes a long way.

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The 7 Best Mobile POS Systems for Small Businesses in 2024

Stax

Customer Relationship Management (CRM) features CRM functionalities help businesses to better understand and engage with customers. As contactless and digital payments continue gaining prominence, mPOS systems adapt to these trends. Features like customer data collection (e.g., Q: Can you turn your phone into a POS?