Remove Point of Sale Remove Software Development Remove Stax
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Digital Payments: 12 Digital Payment Options to Consider Accepting in Your Business

Stax

There are a wide variety of digital payment types, such as mobile POS systems, contactless payments, and digital wallets. A consumer may use their physical credit card, for example, but if the point of sale system is digital — such as a mobile device instead of an analog cash register — this would be considered a digital payment.

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What is an ISV Partner? Here’s Everything You Need to Know About Independent Software Vendors

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Unlike in-house developers that build tools for internal use, ISVs create software intended for external customers. How ISVs Differ from General Software Developers While both build applications, ISVs operate as businessesselling, licensing, and supporting their software.

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ISV vs PayFac: The Similarities and Differences Between Independent Software Vendors and Payment Facilitators

Stax

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.

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The Benefits of SaaS and Implementing SaaS Payments

Stax

What’s more, users don’t need to bear the cost of maintaining or updating the software. It’s hosted on the cloud and software providers are responsible for software development, maintenance, and releasing updates. Generally, pay-as-you-go pricing options are available so you pay only when you use the software.

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What is Embedded Finance and Embedded Fintech?

Stax

Embedded Insurance Embedded insurance allows customers to purchase insurance for products or services at the point of sale. Embedded Lending Embedded lending or Buy Now Pay Later (BNPL) enhances customers’ purchasing power by allowing them to access favorable lending options at the point of sale.