Stax

JANUARY 31, 2024

If your company accepts credit card payments ( which it should ), chances are, you’re going to be affected by Visa’s interchange rates. Visa is one of the biggest payment networks in the world, with ~4.2B While you can’t avoid the rate hikes, there are strategies and resources available to help merchants mitigate the impact.

Payment Services 88

Payment Services Merchant Services Payment Methods Accept Credit Card Payments 88

Stax

FEBRUARY 28, 2024

But if you’re a B2B solution, there’s a high likelihood that businesses will be interested in being able to accept customer payments, rather than just sending them a PayPal link or to a generic payment gateway. How do you add payment processing capabilities to your software? By partnering with a trusted SaaS billing platform.

Payments 88

Payments SaaS Payments Payment Services Merchant Services 88

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 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.

Payment Services 167

Payment Services Merchant Services Payment Methods Payment Solutions 167

Stax

MARCH 6, 2024

Physical and eCommerce product subscription businesses are expected to make up 45% of the market’s value. In this article, we’ll unpack the complexities of recurring billing for businesses operating or transitioning to a recurring billing payment option. Consider this: Consumers are already conditioned to the subscription model.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Features 88

Stax

JANUARY 8, 2024

For SaaS companies, becoming a payment facilitator (or PayFac) offers a ton of advantages—including but not limited to—boosting retention and profitability while exercising greater control over the customer experience. However, several complex types of risks come along with this. Let’s get started.

Merchant Services 88

Merchant Services Payfac Payment Services SaaS Payments 88

FastSpring

FEBRUARY 8, 2023

In this guide, we compare six Recurly competitors and alternatives according to several categories: Subscription management and recurring billing Checkout Global payment processing Reporting and analytics Pricing Customer reviews We’ll start with a deep dive into FastSpring — our end-to-end payment solution (i.e.,

Payment Services 78

Payment Services Payments Payment Methods Merchant Services 78

Stax

MARCH 12, 2024

But in reality, companies often have to spend considerable time and resources chasing down late payments that are stuck in Accounts Receivable. Promptly collecting payments from your customers is essential to run a sustainable business. In fact, 81% of large retailers say that real-time payments are critical to their operations.

Payment Features 88

Payment Features Payment Methods Payment Services Stax 88

Stax

JANUARY 24, 2024

The phrase “dynamic pricing” often sparks heated debates in eCommerce and retail, and it’s not hard to see why. What makes this pricing strategy so appealing to businesses? The use of dynamic pricing methods is most common in industries where the demand for goods and services fluctuates.

Payment Methods 88

Payment Methods Pricing Airlines Payment Solutions 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

FEBRUARY 5, 2024

Without strategies in place, disbursements can chip away at your hard-earned bottom line. That’s why understanding surcharging—including its definitions, types, calculating methods, and best practices—can help you incorporate surcharging into your operations. Payment processing surcharge. Every transaction has a cost.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 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

JANUARY 3, 2024

Poor implementation of self-checkouts can add friction to the customer experience, so it’s important to design a tailored checkout strategy and smooth implementation. These large standalone terminals are typically located within a designated self-checkout area at the front of a store. App-based scanning and payment.

Payment Solutions 88

Payment Solutions Payment Methods Payment Services Payments 88

Stax

FEBRUARY 21, 2024

TL;DR The SaaS Magic Number is a metric, somewhat similar to ROI, but designed to assess the efficiency and effectiveness of a company’s sales and marketing strategies. The SaaS Magic Number is a metric, related to ROI, but better designed to assess the efficiency and effectiveness of a company’s sales and marketing strategies.

SaaS Payments 88

SaaS Payments Payments Payment Services Stax 88

Stax

MAY 2, 2024

This works similarly to the automatic deduction method, just that money goes through a third account. According to Fed Small Business in 2022, 40% of small businesses applied for traditional methods of financing. Most merchant cash advance companies nowadays have online applications that streamline everything for you.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payments 88

SaaSOptics

MARCH 10, 2022

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. We even wrote an entire blog about it here.

Payment Services 87

Payment Services SaaS Payments Payments Payment Solutions 87

Stax

NOVEMBER 27, 2023

That’s the amount of non-cash payments made in the U.S. Even if you’re not in the financial industry, you’ll need a payment processor or payment service provider (PSP) to start generating revenue, which means you’ll need to either have a proper risk management framework in place—or work with a PSP that has one.

Merchant Services 88

Merchant Services Payment Services Systems Review Technical Review 88

Stax

JANUARY 15, 2024

Learn how to achieve payment processing compliance when surcharging to improve your company’s financial stability and reputation. TL;DR Credit card surcharging involves adding a fee to transactions with credit card payments, offsetting processing costs. Encouraging Alternative Payment Methods. Interchange fee management.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

NOVEMBER 6, 2023

As the world increasingly moves online, it is essential to safeguard the information being stored and transferred over networks. There are various methods of enforcing data security, such as data masking, encryption, authentication, and data tokenization. Today, data is as important as currency and should be safeguarded as such.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JANUARY 10, 2024

Credit card transactions have quickly become the lifeblood of eCommerce businesses and storefronts alike. By understanding how credit card companies charge merchants and how these fees are calculated, businesses can explore optimization strategies to manage and reduce some of these costs. billion every single day.

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

MARCH 14, 2024

You should start by ensuring your pricing strategy is up to snuff. Optimize Your Pricing Strategy Pricing strategy refers to the approach that businesses use to set the prices of their products or services. Each method provides unique insights that can help inform your decisions. Learn More 1.

Payment Methods 68

Payment Methods Payment Services Payment Solutions Payments 68

FastSpring

DECEMBER 7, 2022

However, there are certain aspects of collecting recurring payments that you would still be responsible for when using Chargebee, such as: Connecting to payment gateways manually. While Chargebee supports several different payment gateways, you have to set up and configure each one. Remitting taxes at the end of the year.

Payment Methods 133

Payment Methods Merchant Services Payment Services Payments 133

Stax

FEBRUARY 19, 2024

Some examples of niches targeted by vertical SaaS providers include healthcare, eCommerce, finance, and education. This set of SaaS tools gives HubSpot a simple but powerful value proposition; it’s the engine for your entire inbound marketing strategy. Contact us to learn more about Stax Connect.

SaaS Payments 88

SaaS Payments Payment Services Payments Payment Solutions 88

Stax

NOVEMBER 29, 2023

This information can be pulled from accounting software like Quickbooks if it is up to date with transaction data from sources like your payment platform provider. Other expenses include: Interest expenses: These are costs incurred due to interest payments on loans or credit facilities.

Payment Services 88

Payment Services Payment Methods Software Review Payments 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