Stax

APRIL 18, 2024

Payment Processor Pricing Models Payment processors work under four different pricing models: 1. Flat-rate pricing Flat-rate pricing blends all of the fees into one, easy to predict flat-rate fee. This is a great relief for many merchants that want to avoid the surprises that can come with other pricing models.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

MARCH 11, 2024

Thankfully, your small business can find alternatives to renting or buying equipment at full price. Lease-to-own agreements differ in price, depending on the type of terminal you purchase (wireless are more expensive than older models), the length, and if your business requires a separate receipt printer. Contact us to learn more.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 88

Stax

FEBRUARY 28, 2024

It makes it easier for merchants to make the switch to accepting non-cash payment methods like credit cards or contactless payments, which are often seen as more convenient for customers, but can come at a steep price. If you’re working with a payment processing provider like Stax , they can take care of much of the following.

Merchant Services 88

Merchant Services Payment Services Payment Methods Stax 88

Stax

APRIL 11, 2024

Use actual or projected data to price out the true cost of your payment provider before signing a contract to ensure you’re not overpaying. At Stax, we understand the juggling act all small and medium businesses contend with. Integration with other business tools: Does your PMS integrate seamlessly with existing software?

Payment Services 88

Payment Services Payment Solutions Merchant Services Payment Methods 88

Stax

DECEMBER 20, 2023

CardX by Stax is a trusted leader in helping your business seamlessly and easily implement credit card surcharging, ensuring you stay compliant and save on transaction fees. It is important to note that if there is a difference between the card and cash price, it is essential to clearly communicate through proper signage at the point of sale.

Merchant Services 88

Merchant Services Payment Services Stax Payment Methods 88

Stax

DECEMBER 20, 2023

This way, you can accept AmEx customers (who historically have higher ticket prices) without breaking the bank. Some others, including Stax, offer subscription-style processing that gives you access to the lowest rates of interchange. That’s why we introduced simple subscription-based pricing.

Payment Services 167

Payment Services Merchant Services Payment Methods Payment Solutions 167

Stax

DECEMBER 20, 2023

Look for transparency in pricing, no hidden fees, and options that suit your specific business needs. Make it a point to choose the right pricing models. Prefer interchange-plus pricing over tiered models for transparency and control over costs; avoid leasing terminals by purchasing affordable ones outright.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

APRIL 18, 2024

Choose a provider that offers transparent pricing and meets your business’s needs. Stax, for instance, offers fully transparent pricing and a wide range of capabilities able to accommodate your business’s needs now and as it grows. To learn more about Stax’ mobile payment solutions, request a custom quote today.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JANUARY 28, 2024

Successfully implementing subscription billing requires a strategic approach, including choosing the right pricing strategy, selecting a comprehensive billing solution, and managing customer payment information efficiently. First, the customer chooses the pricing plan that fits their needs. What is Subscription Billing?

Payment Features 88

Payment Features Payment Methods Payment Solutions SaaS Payments 88

Stax

NOVEMBER 13, 2023

Full-service POS and credit card payment providers Full-service providers like Stax offer complete POS solutions and backend payment processing, which are essential to accepting contactless payments. At the front end (the POS), all-in-one providers like Stax offer hardware, software, and additional services tailored to specific industries.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Solutions 88

Stax

JANUARY 22, 2024

Because they focus on the individual transaction and operate more as individual software platforms, payment gateways frequently employ a subscription-based pricing model or charge a flat rate per transaction. An example of a Payment Facilitator is Stax Connect.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

MARCH 12, 2024

Case in point: Stax Bill , a recurring billing and subscription management platform that automates payments. Stax Bill simplifies your processes, enabling you to work more efficiently, recover revenue, and collect on invoices. That’s why it’s important to partner with a payment processing company that offers quick payouts—like Stax.

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Payment Features Payment Methods Payment Services Stax 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., Automatic or manual renewal.

Payment Services 78

Payment Services Payments Payment Methods Merchant Services 78

Stax

DECEMBER 6, 2023

Service providers such as CardX by Stax help companies offset some of these fees in a compliant and seamless way. Surcharges are typically a percentage of the total purchase price and can range from 1% to 4%. By surcharging credit card transactions, merchants can recoup some of these costs and keep their prices competitive.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

JANUARY 31, 2024

As Senators Marshall and Durbin point out in their press release, merchants typically try to pass at least some of their costs onto the consumer by raising prices. Ultimately, for merchants looking to mitigate the impact of interchange rate hikes, raising prices across the board is one of the easiest methods. in-person, online).

Payment Services 88

Payment Services Merchant Services Payment Methods Accept Credit Card Payments 88

Stax

MARCH 14, 2024

The chip does not affect the price of processing payments. Final words At Stax, we’re all about helping merchants implement robust payment security that go above and beyond security standards. To learn more, get in touch and learn how Stax integrated payment processing platform helps prevent fraud and safeguard payment data.

Payment Methods 88

Payment Methods Merchant Services Payment Services Stax 88

Stax

APRIL 2, 2024

And with merchants expected to pay as much as $502 million extra after price hikes in 2023 and 2024, these fees are shooting up faster than the transaction amounts spent on purchases. Contact us to get started with CardX by Stax today. In 2022, industry data shows that credit card companies earned a whopping $126.4

Merchant Services 88

Merchant Services Payment Methods Payment Services Accept Credit Card Payments 88

Stax

NOVEMBER 20, 2023

Create packages of complementary products at a discounted price to offer value and convenience. E.g., a “Family Movie Night Bundle” that includes a DVD, popcorn, and candy at a reduced price. Reduce late/failed payments by up to 700% and save 80% of billing time with the help of service providers like Stax. Bundle deals.

Payment Methods 88

Payment Methods Merchant Services Stax Payment Services 88

Stax

MARCH 14, 2024

In the United States, at least, there is generally no negotiation involved so the price of a given item or service is predictable. By working with a service provider like Stax, which offers a membership plus interchange pricing model, businesses can see a real impact from those lower interchange rates.

Payment Services 88

Payment Services Merchant Services Payment Methods Payments 88

Subscription Flow

MARCH 25, 2024

Stax and PayPal Additionally, Stax sets itself apart with its novel subscription-based pricing structure that spares companies from transaction costs—a benefit especially for those with large transaction volumes.

Merchant Services 103

Merchant Services Payment Services Payment Methods Payment Facilitation 103

Stax

FEBRUARY 21, 2024

For example: a high Magic Number suggests that a company is efficiently converting its investments into revenue, while a low Magic Number may indicate the need for adjustments in sales and marketing, pricing, or other approaches. How Do You Calculate the SaaS Magic Number? Level up your SaaS platform by enabling payments for your users.

SaaS Payments 88

SaaS Payments Payments Payment Services Stax 88

Stax

FEBRUARY 5, 2024

TL;DR Surcharges are additional fees consumers pay on top of the base price of goods or services. Various calculation methods, such as percentage-based, flat fees, tiered pricing, and time-based surcharges, help optimize pricing. Surcharges are additional fees consumers pay on top of the base price of goods or services.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

MARCH 6, 2024

Create Pricing Plans: Subscription offerings need to be defined according to the business model and services. Plans include pricing, billing cycles (e.g., Tiered pricing: Different pricing tiers are set at fixed intervals but offer varying service or product access levels. monthly, quarterly), and any terms or conditions.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Features 88

Stax

FEBRUARY 28, 2024

Each of these brands offers a variety of payment terminal types, like countertop and wireless, at different pricing. Contact Stax today to learn more about the credit card terminals we offer and how they help your needs. Whether you’re looking for fully-integrated or semi-integrated terminals, Stax can point you in the right direction.

Payments 88

Payments Payment Methods Merchant Services Payment Services 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.

Payment Services 87

Payment Services SaaS Payments Payments Payment Solutions 87

Stax

JANUARY 24, 2024

The key downside of QuickBooks Online—and the reason why many small businesses are reluctant to make the switch— is that it’s only available via annual subscription pricing as opposed to a one-time purchase of the software. One-off vs. ongoing cost. Q: What is the difference between QuickBooks Online and QuickBooks Desktop?

Payment Solutions 88

Payment Solutions Payment Features Payment Services Payment Methods 88

Stax

NOVEMBER 8, 2023

While some of these are unavoidable, businesses need to research various fees and pricing models (e.g., flat-rate, tiered, or interchange-plus pricing) before choosing a credit card processor as these may vary across different processors. CardX, which was acquired by Stax in 2021, has an automated surcharging platform.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JANUARY 3, 2024

Get in touch with Stax to discuss your needs. Prices also depend on the supplier and specific needs of the retailer. By following the steps outlined above, you can ensure that your checkout strategy is tailored to the needs of your customers and that implementation goes smoothly.

Payment Solutions 88

Payment Solutions Payment Methods Payment Services Payments 88

Stax

DECEMBER 20, 2023

Fees and Pricing Structure You’ve most likely agonized over your credit card processing rates and wondered whether or not you have the best ones possible. Stax, for example, charges 0% markups on top of interchange, giving you the lowest percentage per transaction rate.

Payment Services 88

Payment Services Merchant Services Payment Methods Stax 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. Stax can save you from that headache with less room for error.

Merchant Services 88

Merchant Services Payment Methods Mobile Payments Payment Services 88

Stax

JANUARY 24, 2024

Surcharge vs Cash Discount When customers pay with cash, some merchants may offer a price reduction which is called a cash discount. While, in case of a surcharge, the customer pays more than the listed price. Surcharging may enable you to lower your product prices if your processing costs are included in your pricing.

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 88

Stax

JANUARY 24, 2024

Surcharge vs Cash Discount When customers pay with cash, some merchants may offer a price reduction which is called a cash discount. While, in case of a surcharge, the customer pays more than the listed price. Surcharging may enable you to lower your product prices if your processing costs are included in your pricing.

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 88

Stax

MARCH 26, 2024

Businesses should meticulously evaluate the pricing models of potential providers to find one that aligns with their transaction volumes and organizational scale. Integrating with the business’s digital ecosystem The integration phase involves embedding the online terminal within the business’s website or eCommerce platform.

Payment Methods 88

Payment Methods Merchant Services Payment Services Payments 88

Stax

MARCH 21, 2024

SaaS companies use subscription-based pricing models so customers are aware of how much they have to pay month-on-month. Generally, pay-as-you-go pricing options are available so you pay only when you use the software. This is where Stax Connect came in.

SaaS Payments 88

SaaS Payments Payment Services Payments Payment Methods 88

Stax

JANUARY 17, 2024

The great thing about an ACH PayFac solution like Stax Connect is that SaaS companies or ISVs can embed ACH payments in their software easily and own (also, white label) the payment experience. Make sure you have a system that provides an overview of transactions, pricing plans, and failed transactions in real-time.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

FEBRUARY 19, 2024

This commonly takes the form of add-on services or multiple pricing plans that offer flexible features, like additional user seats or more storage space. Because horizontal SaaS products are based around more generic functions, they tend to offer less customization or charge higher prices for customizable features.

SaaS Payments 88

SaaS Payments Payment Services Payments Payment Solutions 88

Stax

DECEMBER 27, 2023

Understanding Fees and Charges Associated with Merchant Accounts Assessing the pricing structure used by merchant account providers is important to understand the cost of accepting electronic transactions. The type of business you operate may dictate what pricing model is best for your business’s needs.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Solutions 88