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How Adopting Mobile Payments Can Help Your Business Grow in 2024

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Thanks to the advancements in payment technology, the answers are not difficult to find. After all, especially with a younger generation of patrons expecting modern technology, businesses not only need to but also benefit from meeting their customers where they are. That’s where you can turn to mobile payment systems.

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Tap to Pay: What It Is and How It Works

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EMV chip card technology had a good two decades or so, beginning in the mid-’90s. NFC technology is in the midst of an evolution. TL;DR The 2010s marked the era of NFC-powered contactless payments, and unlike its predecessors, this technology has the sticking power to take it beyond our traditional plastic cards.

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How to Find the Best SaaS Billing Platform: A Complete Guide

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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. The exact process varies depending on the software you use, but Stax Bill features a user-friendly interface for such adjustments.

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Payment Security: Everything You Need to Know About Secure Payments

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Other trending payment methods include peer-to-peer (P2P) payment apps like PayPal or Venmo are a secure and convenient way to transfer funds between people and businesses. Stax delivers an all-in-one payments platform that is secure, stable and customizable—and did we mention affordable? Contact us to learn more.

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

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shoppers as customers become more comfortable with the technology.” As stated by countless resources, mobile is the direction the payment technology space is heading. It pays to know exactly how mobile technologies will be impacting your business, or potentially already are.

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Recurring Payments: Definition and Implementation Best Practices

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Even when stored card information is tokenized, businesses must prioritize cybersecurity best practices to encrypt and secure sensitive information—this means having proper infrastructure and investment in technology is key. For example, Stax has several useful API integrations to leading CRM tools, such as Hubspot, Xero, Wave and more.

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What is B2B Payments Processing and How Do You Implement It?

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This would take them to the gateway where they can pay by credit card, Paypal, or other payment options the payee wishes to add. Blockchain technology offers a decentralized and immutable ledger, enhancing transparency, security, and trust in financial transactions. Payments work by giving the payer a link to complete the transaction.