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How to Choose Between EFT vs ACH: A Comprehensive Guide

Stax

To choose the right payment method, consider transaction volume, transfer speed, cost, and security. ACH payment is more affordable and can be automated and payee-initiated, making it ideal for recurring transactions and subscription payments. With other EFT methods, only the payer can send payment manually.

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Essential Guide to ISV Integrated Payments: Benefits and Best Practices

Stax

New revenue streams With integrated payments, youre no longer just a software provideryoure also part of the transaction flow. That opens the door to revenue streams like: Payment processing fees Earn a share of every transaction processed through your platform. Pro tip: Stax Connect ticks all these boxes and more. Learn more.

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The Ultimate Guide to Ecommerce Payment Solutions

Stax

Some encryption techniques to look for include Secure Sockets Layer (SSL), Transport Layer Security (TLS), and Advanced Encryption Standard (AES). Tokenization – Tokenization replaces customer data with a unique identifier, referred to as a token. This token is used in place of the actual payment data.

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How ISV Partnerships and Integrations Can Drive Business Growth

Stax

As anISV, Stax works with a number of software partners to give sub-merchants total control over how they operate their businesses. An ISV partnership refers to a relationship between a company and an independent software vendor that develops applications running on a particular platform or ecosystem. Whats the value of an API?

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What are Mobile Payment Services and How Do You Select the Right One for Your Business?

Stax

Shoppers don’t need to carry cash or physical cards on their person while visiting a store that accepts mobile payments, while merchants can reduce their reliance on expensive point-of-sale systems that offer slower payment processing. What about mobile payment systems? This directs them to a unique payment page.

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Everything You Need to Know About Credit Card Processing

Stax

Payment Processor: The credit card processing company handles the processing and batching of purchases made with credit, debit, or gift card payments. per transaction +20-30¢ per transaction The Payment Process Whenever your customers use a credit card to make a payment, each of the parties mentioned above gets involved.

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The Price of Convenience: Is There Such a Thing as Free Credit Card Processing?

Stax

All of these steps are made easy by a surcharge-compliant credit card processor like CardX by Stax. The benefits of surcharging include cost recovery, competitive pricing, financial flexibility, and payment method diversification. The “free” in free processing refers to the merchant not directly covering the transaction fees.