Stax
FEBRUARY 26, 2024
We can see this trend in action in the realm of payment processing with the advent of recurring payments, also known as automatic payments. Industry data shows that subscription-based businesses are growing 3.7x So, let’s dive into the realm of recurring payments and how they can benefit your business.
Stax
MARCH 4, 2024
So, let’s dive into payment security, touching on the basics of what you need to know to ensure secure payments. TL;DR The PCI DSS determines security protocols and sets the standards for payment security. of the global population using this method of payment in 2022. Contact us to learn more.
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Baremetrics
AUGUST 18, 2021
Invoicing is a sales process where a seller issues a commercial document to a buyer requesting payment. This document shows all products and services rendered, the payment owed, and the contact details of both the buyer and the seller. An invoice also represents credit because the seller will only receive cash at a future date.
Stax
FEBRUARY 28, 2024
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.
Stax
MARCH 14, 2024
Business to business payments, therefore, refer to the payment processes and activities between two businesses. An invoice would be sent, and it would need to be paid within an agreed timeframe. But the nature of such services could mean that monthly invoices are always different and plan terms are regularly changed.
Stax
APRIL 23, 2024
Nearly 93% of Americans receive payments through direct deposit and ACH payments make it simpler for employers to manage funds without handing out physical checks or dealing with pesky extra fees. While employers cannot batch ACH direct deposits, they can set up recurring payment methods within their Automated Clearing House.
Stax
DECEMBER 20, 2023
Set rate processing Subscription rate processing TL;DR Interchange fees are not collected by your payment processor or bank; they go directly to the card-issuing banks. At the end of the day, how much you’re paying for credit card processing relies on your payment solutions provider. Regulated: 0.05% + $0.21
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