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

Stax

Owning a business can take quite the investment. Thankfully, we’re here to break down how you can save when investing in a credit card machine. Thankfully, your small business can find alternatives to renting or buying equipment at full price. Not to mention, some credit card machines can be shockingly expensive.

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Demystifying Credit Card Interchange Fees: What You Need to Know [2024 Rates and Updates]

Stax

By investing in secure payment gateways, fraud detection systems, and robust transaction processing protocols, you can lower the risk of chargebacks and avoid unnecessary fees. This way, you can accept AmEx customers (who historically have higher ticket prices) without breaking the bank. How Do Credit Card Interchange Fees Work?

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What is the SaaS Magic Number and How Do You Calculate It?

Stax

By analyzing the SaaS Magic Number, SaaS companies can determine how well their revenue-driving investments (in sales, marketing, and customer retention) are translating into actual revenue growth. Focus on lowering marketing costs and optimization before investing more. This is where the SaaS Magic Number becomes particularly handy.

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What is a Surcharge Fee? How it Helps Consumers and Businesses

Stax

The rise in these fees can be attributed to the substantial investment required for the development and maintenance of secure payment processing infrastructure, protection against fraud, and the convenience offered to consumers. Service providers such as CardX by Stax help companies offset some of these fees in a compliant and seamless way.

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CFO Tools You Should be Using in 2022

SaaSOptics

Chargify is a powerful B2B SaaS subscription management software that enables you to employ complex pricing strategies (like prepaid usage or real-time multi-attribute billing), so you can bill exactly the way you want—without the time or financial investment of building out a custom solution.

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How to Implement Self Checkout for Small Business

Stax

Assess Your Business Needs Before you start investing in a self-checkout infrastructure, you need to understand what system is going to work best for your storefront and customer shopping habits. It requires a pretty sizable investment in infrastructure before you can benefit from lower labor costs.

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

Stax

Businesses should meticulously evaluate the pricing models of potential providers to find one that aligns with their transaction volumes and organizational scale. Training the terminal’s users Invest in solid training for your staff. Providers usually offer training resources, including manuals, instructional videos, and live webinars.