Stax

MARCH 15, 2024

Having and maintaining secure payment systems is integral for protecting yourself and your customers. Because more credit card-oriented purchases take place online, security and fraud protection are top priorities. Businesses are converting to digital and online platforms to stabilize their profitability at this time.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JANUARY 5, 2024

There are many different types of payment terminals to choose from, and you need one that’s going to help your business operate the most efficiently. Selecting the right payment processing terminal will not only help reduce your processing costs, but it’ll also increase your profits.

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Payment Methods Payment Services Merchant Services Payment Solutions 88

Stax

APRIL 18, 2024

With cashless now BEING king, credit and debit cards are the primary method for your customers to make payments. of consumer payments came through card payments. And electronic payments were at 14.2%, closing in on cash at 15.5%. Credit card and debit card payment processing fees apply to them all.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

MARCH 26, 2024

Online payment systems are the standard. Globally, one-third of people do their shopping through eCommerce sites. In the US, that amounts to $3,428 per capita spent online. This article covers the what, why, and how of online terminals; all a business owner needs to know to dive in and thrive.

Payment Methods 88

Payment Methods Merchant Services Payment Services Payments 88

Stax

JANUARY 22, 2024

That’s the value of eCommerce transactions that took place in 2023 in the U.S. In a world where we’re spending more and more time online and every click is a potential transaction, it’s no surprise the eCommerce and digital payments sectors are experiencing exponential growth.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

MARCH 11, 2024

Then when you layer in the need for payment processing, the complexity of managing your finances escalates significantly. Owners are encouraged to ask for help from their point of sales representatives or other providers. Many connect to ethernet, come with contactless payment, and connect to the wifi.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 88

Stax

MARCH 14, 2024

During the 2020s, almost all businesses will have been looking at b2b payments processing solutions to meet changing consumer needs. Online and contactless adoption multiplied, and digital payments rose. consumers using two or more types of digital payment methods increased by 8%. Learn More What are B2B Payments?

Payment Services 88

Payment Services Merchant Services Payment Methods Payments 88

Stax

NOVEMBER 13, 2023

Since the first plastic credit card was issued by American Express in 1959 , payment tech progress has been growing exponentially. Magnetic stripe payments enjoyed a 30-year reign between the ’70s and ’90s. Contactless payments became a must-have during COVID. NFC technology is in the midst of an evolution.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Solutions 88

Stax

DECEMBER 20, 2023

To ensure that you’re able to take payments in a cost-effective way, be sure to carefully compare their fee structures, contract terms, and available features. Here are Stax’ Top Credit Card Processing Tips. Use Address Verification Services (AVS) AVS is a fraud prevention measure for online and card-not-present transactions.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

APRIL 2, 2024

While some businesses have accepted swipe fees as a way of life, small business owners may struggle with remaining profitable while also providing a range of payment options. That means if a customer wants to make a credit card purchase, they’ll be charged an additional fee to cover the payment processing costs. Keep it simple!

Merchant Services 88

Merchant Services Payment Methods Payment Services Accept Credit Card Payments 88

Stax

NOVEMBER 8, 2023

This may be concerning for certain types of businesses as they need to spend more to process credit and debit card payments as compared to cash. Clearly, the monthly fees that businesses typically pay to accept card payments can eat away a significant portion of their revenue and overall profits.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

MARCH 14, 2024

Chip and PIN cards are authorized with the cardholder’s personal identification number (PIN), while chip and signature are authorized by the cardholder’s signature that is matched to the back of the card or to a signature on file in the credit card’s database. The chip does not affect the price of processing payments.

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Payment Methods Merchant Services Payment Services Stax 88

Subscription Flow

MARCH 25, 2024

The function of the MoR – merchant of record ecommerce – has become essential for companies looking to streamline their online sales operations in the ever-changing world of digital commerce. Tasks in this diverse role include managing payments, complying with tax laws, and reducing risks such as chargebacks and fraud.

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Merchant Services Payment Services Payment Methods Payment Facilitation 103

Stax

DECEMBER 20, 2023

When you research payment solution providers , you’ll start hearing the term “interchange” used when talking about payments. 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.

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Payment Services Merchant Services Payment Methods Payment Solutions 167

Stax

FEBRUARY 28, 2024

Even if the consensus is out that it’s okay for merchants to not incur costly transaction fees if accepting credit card payments, it can be difficult to understand how to collect surcharge fees from your customers and retain your customer base. Customers can choose to pay the fees or select an alternative form of payment.

Merchant Services 88

Merchant Services Payment Services Payment Methods Stax 88

Stax

DECEMBER 13, 2023

Even though they’re one of the most popular payment options today, accepting credit cards at your business can turn out to be a significant expense. Fortunately, credit card surcharging is a good way to offset some—if not all—of the cost of accepting credit card payments. to their payment processing company.

Merchant Services 88

Merchant Services Payment Services Payment Methods Accept Credit Card Payments 88

Stax

JANUARY 24, 2024

Credit cards remain a favored way of making payments among customers. Simply put, a surcharge amount is an extra fee that some merchants choose to levy on customers to cover the costs of processing credit card payments. This was meant for the “convenience” of paying by credit card over all other forms of payment.

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 88

Stax

JANUARY 24, 2024

Credit cards remain a favored way of making payments among customers. Simply put, a surcharge amount is an extra fee that some merchants choose to levy on customers to cover the costs of processing credit card payments. This was meant for the “convenience” of paying by credit card over all other forms of payment.

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 88

Stax

JANUARY 3, 2024

Request Quote Understanding Self-Checkout Systems Self-checkout systems are automated hardware and software solutions that enable customers to process their purchases at retail stores, rather than needing the assistance of a cashier. App-based scanning and payment. The appeal of self-checkout stations is two-fold. Handheld scanners.

Payment Solutions 88

Payment Solutions Payment Methods Payment Services Payments 88

Stax

DECEMBER 20, 2023

Offering payment processing services is a move that makes sense for a lot of SaaS companies, particularly if your software helps your customers run their business. For example, if you have a project management app, then you can add payment features that allow people to use your software to take payments from their clients.

Merchant Services 88

Merchant Services Payment Services SaaS Payments Payments 88

Stax

DECEMBER 20, 2023

In the complicated world of payment processing, understanding the nuances of debit card and credit card payments, along with associated processing fees, is essential for businesses. After all, there are many more payment options available than ever before, and each comes with differing costs and technology needs.

Merchant Services 88

Merchant Services Payment Services Stax Payment Methods 88

Stax

FEBRUARY 5, 2024

That’s why understanding surcharging—including its definitions, types, calculating methods, and best practices—can help you incorporate surcharging into your operations. Several types include credit card, fuel, service, payment processing, peak-time, environmental, regulatory, and minimum usage surcharges. Payment processing surcharge.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

DECEMBER 6, 2023

In an era defined by digital transactions and cashless payments, the process of paying for goods and services is more convenient, and increasingly reliant on credit card transactions. However, as the popularity of credit cards and digital wallet payments continues to surge, the costs associated with accepting them also do.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

APRIL 30, 2024

Whether you run a small online store or a major brand, accepting electronic payments is a must for all businesses. According to Onbe, 73% of consumers prefer using digital payments like cards and payment apps. But to seamlessly receive these payments as a merchant, you’ll need merchant processing services.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 88

Stax

DECEMBER 27, 2023

Accepting payments is the most important functionality that a business needs to start selling. But to accept payments seamlessly and securely, you need a merchant account. Without a merchant account, it’s very difficult to ensure consistent cash flow or manage multiple sales channels effectively.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Solutions 88

Stax

NOVEMBER 6, 2023

Thankfully, with mobile payments from Stax , you can quickly accept and process payments from your customers. Learn all about mobile payments and why you may want to consider joining the Stax family to streamline payments and boost your small business’ productivity.

Merchant Services 88

Merchant Services Payment Methods Mobile Payments Payment Services 88

Stax

FEBRUARY 15, 2024

FIS Global reports that in Norway, Sweden, and other Scandinavian countries, more than 90% of transactions processed at point-of-sale (POS) in 2023 were cashless. The writing on the wall is clear—businesses need to start accepting digital payments and software providers need to start offering payment services one way or another.

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 88

Stax

JANUARY 17, 2024

Automated Clearing House (ACH) payments are a type of electronic bank-to-bank payment system in the US. Unlike payments facilitated by card networks like Visa or Mastercard, ACH payments are managed by a body called the National Automated Clearing House Association (NACHA). Let’s get started.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

MARCH 21, 2024

The SaaS model isn’t just for the tech industry—cloud services are widespread in industries such as healthcare, retail, eCommerce, and education. In this article, we’ll explore the many benefits of SaaS and how to implement SaaS payments. Businesses should also be aware of the various fees charged by payment gateways.

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SaaS Payments Payment Services Payments Payment Methods 88

Stax

DECEMBER 20, 2023

Although credit cards have been around since the 1950s, in recent years, they’ve started to dethrone cash from its position as king of payment methods. With a whopping 84% of American adults owning at least one credit card (the average is 3 credit card accounts per person), card payments reached $9.43 trillion in 2021.

Payment Services 88

Payment Services Merchant Services Payment Methods Stax 88

Stax

JANUARY 10, 2024

Credit card transactions have quickly become the lifeblood of eCommerce businesses and storefronts alike. Credit card fees, including interchange, assessment, and payment processor fees, impact businesses on a per-transaction or recurring basis. billion every single day. Usually, interchange fees will range between 0.3-2%

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Facilitation 88

Stax

NOVEMBER 15, 2023

If you’re selling anything at all these days—online or in-person—it’s absolutely imperative to learn about interchange fees. They significantly impact the cost of accepting card payments. These fees help cover the costs of processing the payment and maintaining the card network. They are therefore non-negotiable.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

APRIL 4, 2024

According to Forbes , 32% of consumers use it as their primary payment method. But as great as they are for consumers, merchants know that accepting credit card payments comes with added costs in the form of processing fees. To avoid this, businesses can add a surcharge fee for credit card payments.

Merchant Services 88

Merchant Services Payment Methods Payments Payment Services 88

Stax

JANUARY 23, 2024

Most small business owners hunting for cloud accounting software will find themselves trying to choose between the two most popular names: Xero and QuickBooks Online. Examining reviews of Xero vs QuickBooks Online can often lead to more confusion. Both are comprehensive tools that tick all the foundational boxes.

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Payment Methods Payment Solutions Payment Features Software Review 88