This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Navigating the world of payments can be complicated, especially when you’re running a software business with many moving parts. For modern software businesses, payments adoption holds the key to staying competitive and meeting the evolving expectations of consumers. Revenue Gap: What is it and how can you bridge it?
Finance executive brings 35+ years of financial expertise to spearhead Stax Payments’ next chapter of strategic expansion, building on the company’s solid foundation and customer-first approach. ORLANDO – June 11, 2025 – Stax Payments , Inc. a leading payment technology provider, has appointed Kevin Wall as Chief Financial Officer.
Acquisition of BlockChyp brings new technology and industry expertise to Stax, furthering its evolution as a leading payment processor ORLANDO – October 1, 2024 – Stax , a leading payment technology provider, today announced its acquisition of BlockChyp , further expanding the company’s end-to-end processing capabilities.
The term SaaS platform gets tossed around a lotbut what does it actually mean, and why does it matter for today’s software companies? In this article, we’ll break down what a SaaS platform is, highlight real-world examples, and explore key strategies to succeed in the fast-moving software-as-a-service industry.
Software tailored to your industry? TL;DR Vertical software solutions are those that are hyperfocused on addressing the pain points or specific needs of small and medium businesses (SMBs) in certain industries or niches. Vertical SaaS is industry-specific software designed to meet the unique needs of a particular niche or market.
The average churn rate for the software industry as a whole is 14%. As a SaaS business leader, reducing software user churn is an important part of maintaining your customer base and increasing revenue. TL;DR The average software industry churn rate is 14%, but SaaS companies should aim for under 2%.
If youre a software provider looking to boost revenue, streamline operations, and deliver more value to your users, ISV integrated payments can be a game-changer. The Basics of Integrated Payments At the core, integrated payments connect your software to a payment processor through APIs. The best part? Learn more.
In an interview with Karen Webster , CEO of PYMNTS , Paulette Rowe , CEO of Stax, pulled back the curtain on the critical strategies and innovations driving the next wave of payment partnerships. Deep integration and leveraging payments as a new revenue stream. But what does it truly take to thrive in this dynamic environment?
Adam Gray , Chief Transformation Officer at Stax, recently sat down with Hal Levey of PYMNTS to discuss emerging trends in payment processing and vertical integration. Embedded payments, according to Gray, enable nonprofit organizations to not only streamline processes but also generate additional revenue streams to offset costs.
When can revenue NOT be counted as revenue? The concept of unearned revenue can easily trip up SaaS companies that offer subscription services and products on a recurring basis. Unlike when selling ordinary products, you cannot recognize the revenue earned from a subscription all at once.
For companies looking to scale, Independent Software Vendors (ISV) are a crucial tool that provides specialized software solutions that integrate seamlessly with existing business tools. Through strategic ISV partnerships, businesses can enhance their service offerings, streamline operations, and open new revenue streams.
“In an era where technology shapes the future of payments, Stax’s vision to revolutionize embedded payments aligns perfectly with my passion for risk prevention,” said Neiconi. Stax helps drive incremental revenue through frictionless, secure, and reliable payment processing and recurring billing solutions.
Experienced payments and sales executive joins Stax leadership team to drive accelerated growth for Stax Connect and embedded payments. Stax Payments , Inc., As head of ISV Business Development at Stax, Krahl will drive market penetration into key Stax industries such as field services, healthcare, and professional services.
Stax Payments , a leading payment technology provider, has appointed Mark Sundt as Chief Technology Officer. As CTO, Sundt will accelerate the delivery of new products, features, and functionality that unlock and drive increased value for Stax customers and partners. To learn more about Stax, visit staxpayments.com.
As industry leaders in billing software, our mission is to help our customers work more efficiently, recover more revenue, and effortlessly collect invoices. Stax Bill simplifies invoice and subscription billing management by automating manual financial processes. said Suneera Madhani, founder and CEO of Stax. “The
To the incredible Stax community: allow us to take a moment to recognize a milestone that we are extraordinarily proud of—our 10th anniversary. Sprinkled throughout this article are quotes from some of Stax’s long-standing employees, because who better to tell the company’s story than the people who help make it happen?
In a recent interview with Austin Prey from PYMNTS , Adam Gray , Chief Transformation Officer at Stax, shared his perspective on the challenges and opportunities facing independent software vendors (ISVs) as they integrate payment solutions to meet the diverse needs of their merchant customers. Contact sales
From handling higher transaction volumes to enabling new revenue models, the right system should grow with you and streamline both your operations and your customers checkout experience. Its about having the right infrastructure in place to meet evolving customer expectations, simplify your operations, and drive long-term revenue.
Electronic health records, or EHR software, are a staple in modern healthcare organizations. More than 96% of hospitals use some form of EHR system to maintain records, which is good because it shows clear demand for the software. But in such a saturated market, selling your EHR software and expanding your user base can be difficult.
These days, software is no longer just a toolits the backbone of how modern businesses operate. At the heart of this transformation is a growing ecosystem of Independent Software Vendors (ISVs) building applications that plug into broader platforms and solve specialized problems. What is an ISV (Independent Software Vendor)?
Data cited by Statista shows that the software as service is expected to hit $299 billion by the end of 2025. Part of this can be attributed to the SaaS model’s unique aspect of relying primarily on future revenue. It makes most of its revenue from immediate, one-time purchases, like a bedroom set. Customer lifetime value.
On top of being a new pillar of revenue for your business, the PayFac model also gives you more control. Ensure it integrates with accounting software like Xero, QuickBooks, and FreshBooks for streamlined financial tracking and tax reporting. The sub-merchant can begin accepting payments in as soon as 15 minutes from the application.
Selecting the right payment processing software is crucial for any business aiming to streamline transactions and enhance customer experience. Factors to Consider When Choosing Payment Processing Software Below are factors you must consider before choosing a payment processing software platform for your business.
An ISV partner is a software vendor that partners with an ISV and provides additional services or technology. From fostering strategic alliances to unlocking new revenue streams, the choice profoundly impacts a SaaS company’s trajectory. Its purpose? To foster symbiotic relationships that drive mutual growth.
Systems used for this include payment gateways , subscription billing software, and eCommerce platforms with built-in payments. For example, if you offer a SaaS product for inventory management, the system integrates payments to help your users accept payment directly on the software.
Stax, Payment Depot, and CardX are three of the very best providers in the industry. Transaction fees are a crucial part of the credit card payments processing ecosystem that you can’t afford to ignore since they impact your cashflow and final revenues.
Software companies are always on the lookout for new ways to build a better product offerings for their customers. This is especially true now more than ever before as Software-as-a-Service (SaaS) solutions continue to be amongst the fastest-growing segment within the tech world. What is Payment Monetization?
Subscription models offer companies large and small the opportunity to build predictable revenue and high customer lifetime value. This could be a subscription box, a SaaS (Software as a Service) product, or even just a streaming platform like Netflix.
Luckily, you may not need to spend much on new hardware, software, and other setup expenses if you already own the required infrastructure in your existing business. You also need to weigh the cost implications of implementing a new payment system. Your provider should help with this.
We caught up with payment experts from Forrester and Stax to help you navigate these evolving times and achieve success with embedded payments. The right payment partner can offer the latest payment technology, support infrastructure, reliability, and revenue growth. The demand for embedded payments is huge.
That’s where Stax comes in. Protect All Systems Against Malware and Regularly Update Anti-virus Software or Programs This requirement focuses on deploying anti-virus software on all systems commonly affected by malicious software. Stax is a Level 1 PCI Service Provider. So how can your business stay PCI compliant?
It helps to streamline and automate the entire sales cycle, increasing efficiency and spurring higher revenues. TL;DR Quote to Cash (Q2C) is a process that covers all the steps involved in initiating and completing a sale from configuring quotes for potential customers to collecting and recording the revenue from the finalized sale.
Software-as-a-service (SaaS) businesses need to constantly evolve their offerings to stay fresh and relevant. How do you add payment processing capabilities to your software? In this guide, we’re going to cover what companies need to consider when choosing a SaaS billing platform—and how Stax Connect makes this process simple.
Stax is one example of a provider that implements subscription pricing. At Stax, we offer an array of credit card payment processing services to help you take your business to the next level. Through Stax integrated payment solutions, we can help you run and grow your business. Reach out to Stax for a consultation today.
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.
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. TL;DR An independent software vendor (ISV) develops and sells software applications independently of hardware manufacturers. What Is an ISV vs PayFac?
The payment gateway : this is a cloud-based payments software integrated with your website thats responsible for the secure transfer of your customers credit card information to your payment processor. You need to calculate the total costs of each provider and then compare their offerings to see who offers better value for money.
Businesses can take steps to minimize these charges in order to maximize their revenue. They consist of the hardware and software components required to process an in-person payment. Top Merchant Processing Companies Merchant processing companies provide businesses with the equipment and software required to accept electronic payments.
Instead of pouring resources solely into acquiring new customers, smart SaaS businesses focus on increasing revenue from existing customers by guiding them to higher tiers, unlocking premium features, and expanding their usage. Lets say your customer has been using your billing software to send out invoices.
Independent Software Vendors (ISVs) and Software-as-a-Service Providers (SaaS) operate within the same market, thus creating a push-and-pull revenue dynamic. TL;DR ISVs develop and distribute software products independently and often collaborate with hardware manufacturers and platform providers. Learn More What are ISVs?
TL;DR A payment facilitator (PayFac) is essentially a SaaS vendor or software provider that enables its users (businesses) to accept online payments from their customers through the platform itself. If you’re on a tight budget, partnering with an ACH PayFac that operates on a custom revenue-sharing model would be the best option.
Essentially, it’s a piece of software that creates a secure tunnel for customers to connect with and transfer funds to merchants in online transactions. It’s also the software in your POS system or card readers that processes the customer’s payment data in a brick-and-mortar setting. What Is a Payment Gateway Account?
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. This will directly lead to an increase in sales volume and revenues.
For example, if you’re an invoicing software provider that lets SMBs manage their billing, then it makes sense to add payment processing tools to your platform. Doing so not only streamlines the payment process for your merchants but also opens up a new revenue stream for your company through transaction fees or value-added services.
We organize all of the trending information in your field so you don't have to. Join 80,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content