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Unearned Revenue: What it is and What it Means for Subscription Businesses

Stax

The concept of unearned revenue can easily trip up SaaS companies that offer subscription services and products on a recurring basis. Unlike when selling ordinary products, you cannot recognize the revenue earned from a subscription all at once. In the case of SaaS subscriptions, this could take several months—or even years.

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Mobile Credit Card Processing Explained: What Business Owners Need to Know

Stax

Mobile credit card processing enables them to collect same-day payments on the spot, eliminating the hassle of invoicing or waiting for checks. This not only improves cash flow but also enhances customer satisfaction by offering convenient payment options. Keep your customer in mind at all phases of the design process.

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Visa Interchange Rates 2024: What You Need to Know

Stax

Retail transactions might have different rates compared to healthcare or travel-related transactions. As Senators Marshall and Durbin point out in their press release, merchants typically try to pass at least some of their costs onto the consumer by raising prices. Audit your data security measures.

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How Much Do Credit Card Companies Charge Merchants?

Stax

This enables them to lower credit card fees for customers who meet certain criteria, such as transaction volume or secure payment history. This puts them in a strong position to secure lower interchange fees and reduce credit card fees overall. This can result in an overall reduction in the average cost of processing payments.