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
ChurnZero is Customer Success software for growing SaaS and subscription businesses. Stax is an industry-leading payments technology provider that is revolutionizing the payments processing experience completely. The post Thanks to BEE, ChurnZero, Laika, Quolum, and Stax for Sponsoring SaaStr Annual 2022!
Contact sales What is a SaaS Platform? SaaS operates on a subscription model, making it easier to manage cash flow and reduce upfront expenses. Invest in scalable sales and marketing channels Growth doesn’t mean doing everything at onceit means doing the right things at scale.
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. Another crucial area where Stax provides expertise is go-to-market and pricing strategies. The results speak for themselves.
For subscription-based businesses achieving consistent and predictable revenue growth is the holy grail. In fact, monthly recurring revenue (MRR) is one of the most important metrics subscription businesses should be aware of. Talk to sales What is Monthly Recurring Revenue (MRR)? Let’s get started.
It is a subscription-based integrated payment platform that helps you process credit card payments. Learn More Stax offers the lowest cost of accepting credit cards among all merchant account providers. One thing to note is that Quicken only offers year subscription plans, while QuickBooks offers monthly plans.
Subscription upgrades Unlock premium features tied to payment tools that drive more value for users. Pro tip: Stax Connect ticks all these boxes and more. From seamless API integrations to flexible revenue-sharing models, Stax Connect empowers ISVs to launch, scale, and monetize embedded payments. Contact sales 2.
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. In the case of SaaS subscriptions, this could take several months—or even years.
Fee structures matter; understand the differences between interchange plus, flat rate, tiered, and subscription pricing to find the most transparent and cost-effective option. Talk to sales What Are Credit Card Merchant Services? Together, these tools form the foundation of your ability to process payments reliably and securely.
There are many processors out there that claim to save you money, and in this post we’ll take a look at two of them: Riverside Payments and Stax. The company has EMV enabled point of sale systems to accept digital wallet payments as well as cards. Read on to discover how these solutions stack up against each other.
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?
From handling spikes in transactions to supporting subscriptions, omnichannel sales, and new markets, your payment processor should make expansion easier. Talk to sales What Does It Mean for a Payment Solution to Be Scalable? Makes business expansion easier (less growing pains) Planning to expand or add a subscription service?
As anISV, Stax works with a number of software partners to give sub-merchants total control over how they operate their businesses. Contact sales What is an ISV Partnership? Companies can capitalize on: Subscription-based integrations , where users pay extra for advanced functionalities. The Benefits of ISV Integrations 1.
ACH payment is more affordable and can be automated and payee-initiated, making it ideal for recurring transactions and subscription payments. Talk to sales Understanding EFT: The Umbrella Term for Digital Transactions Ever paid for your coffee with just a tap of a card or received payment from a customer thousands of miles away?
Talk to sales How Credit Card Processing Fees Work Whenever customers swipe, tap, or dip their credit or debit cards at a payment terminal, it sets a complex network in motion, resulting in approval or rejection of the payment. Transaction volume – You can negotiate better rates if you have high sales volumes. Contact us
They hold the merchant’s funds and acquire the money from a sale. In this context, they accept the funds from the sale once a card is authorized and deposit them into the business’ bank account. With Stax, your payment processing statement is simple. Acquiring Bank: The business’ (i.e., merchant’s) bank.
of retail sales in 2025, amounting to $6.862 trillion. Talk to sales Understanding Ecommerce Payment Solutions An eCommerce payment solution is the underlying infrastructure that allows eCommerce businesses to accept and process card and online payments seamlessly and securely. This is expected to grow to 22.6%
Contact sales 2. How to Measure and Track Customer Churn The most commonly used churn metrics include: Customer churn rate measures the percentage of customers who cancel their subscriptions over a given period, typically calculated as (Lost Customers Total Customers at Start of Period) 100.
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. By offering convenient payment options, you can attract more customers and increase sales. That’s why we introduced simple subscription-based pricing.
Talk to sales What is a Payment Processing System? It links the merchants eCommerce store or point of sale (POS) system and the financial networks involved. Systems used for this include payment gateways , subscription billing software, and eCommerce platforms with built-in payments.
Talk to sales Understanding credit card payment integration Credit card payment integration is when a merchants point-of-sale system (for in-store sales) or website (for eCommerce sales) is integrated with a payment processor for seamless transactions. Examples of web-based POS systems include Square, and Lightspeed.
Churn is the percentage of customers that end their subscriptions within a certain amount of time. Your CAC is how much you spend on acquiring and onboarding a customer, and can include marketing, communications, sales, and other expenses. Churn rate. Customer lifetime value. Customer acquisition cost. Monthly/annual recurring revenue.
This can be done through a variety of channels, which include but are not limited to: Point of sale (POS) terminals Mobile pos terminals Mobile card readers Mobile apps Online payment gateways These channels enable businesses to accept payments securely and conveniently, no matter where or how their customers choose to pay.
Traditionally, POS was just a collection of hardware used to ring up sales, process simple transactions, and print receipts. Theyre more than just business toolsthey help you manage inventory, track sales, streamline customer interactions, and even get valuable business insights. Talk to sales What is a POS System?
Long before the digital age, newspaper and magazine companies have been using the subscription model to create and retain a consistent readership for their publications. The most potent benefit of the subscription-based business model is that companies are guaranteed a fixed revenue stream—if they can retain their customers or subscribers.
Think of the gateway as the online equivalent of a card reader or point of sale (POS) system in a brick-and-mortar store. Let’s break it down a little bit more: payment processors are used for both brick-and-mortar and online store sales. Stax, for example, supports multiple modes of payment. wholesale transaction fees).
Interoperability with your existing software tools and apps: the payment processing platform must be interoperable with your existing software tools, like CRM (Customer Relationship Management), inventory management, POS (Point of Sale), and accounting software. Your provider should help with this.
Stax, Payment Depot, and CardX are three of the very best providers in the industry. The customer can make the credit payment physically by swipe, dip, or tap, depending on your point-of-sale (POS) system , which will capture the credit card details. The payment could also be made via digital means.
You need the services of a reliable payment service provider to securely accept and process card payments and the right provider for you will be one that supports your preferred payment methods, sales model (one-time payments or subscriptions), and geographical reach (international sales).
Embedded payments come with a lot of responsibilities, such as bank sponsorship and risk management, which is why finding the right payments partner like Stax Connect is essential to help you monetize payments and own the entire experience. What is Payment Monetization? Lets look at some of the most common methods below.
At Stax Connect, we work with a subscription-based mode l with a 0% markup on direct-cost interchange. Case Study: Driving Effortless Digital Donations Through Stax Connect Chrimata provides non-profits a seamless way to give and receive contributions digitally. Contact Stax Connect for more information. Request Quote
Here’s an interesting stat: 70% of businesses consider subscription and membership models indispensable for future commercial growth and expansion. They must engineer a well-rounded solution that makes handling subscriptions a breeze (and yes, it is as hard as it sounds). However, only 10% of them currently employ these models.
Level Up Your Terminal with Stax Card Readers What is a Credit Card Terminal? Integrated payment systems These are terminals that integrate with the POS systems (point-of-sale), combining payment processing capabilities directly into the business’s existing software, acting as an all-in-one system.
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.
At Stax, we do things differently and offer subscription-based pricing with access to direct cost processing, and no hidden fees. That means that instead of taking a cut out of your sales, we’ll just charge a flat membership fee with wholesale credit card processing costs, saving you up to 40% in payment processing costs.
With the majority of processors relying on negotiations and tacking on hidden costs like exorbitant setup fees, dishonest monthly subscription fees, or unfavorable long-term contracts, it can be hard to know what the best rates really are. However, the percentage markup rate does not give you a full picture of your processing costs.
Popular payment gateways include Authorize.net, Stax, Stripe, Adyen, and Square. Meanwhile, as we’ve already discussed, a payment gateway is the technology that actually transmits all the information, and basically is a digital version of a point-of-sales (POS) terminal. The merchant (or business) that makes the sale.
Enter card-present tokenization, a feature by Stax that enables merchants to accept payments in person and instantly tokenize payment data for future transactions. ” How it Works If you’re a Stax merchant, enabling card-present tokenization is easy and doesn’t come with additional costs.
In this guide we will discuss the following: What is Payment Tokenization How Payment Tokenization Works Payment Tokenization vs. Encryption SaaS Payment Tokenization Requirements Benefits of Payment Tokenization SaaS Payment Vulnerabilities Using Stax Connect and Payment Tokenization Lets get started. What Is Payment Tokenization?
DSO, or Days Sales Outstanding, is a formula and KPI for small and medium-sized businesses to measure the average number of days it takes to collect payments from customers. TL;DR DSO is calculated by dividing Net Credit Sales by Accounts Receivable, then multiplying by the number of days in any given period.
Chargebee is a robust subscription management platform. Zoho Subscriptions. Most Chargebee alternatives are either subscription billing software or payment gateways. All revenue is yours, but FastSpring is the liable party for the sale. Below, we provide an overview of FastSpring’s subscription management tools.
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.,
The function of the MoR – merchant of record ecommerce – has become essential for companies looking to streamline their online sales operations in the ever-changing world of digital commerce. In addition, the MoR takes on the resolution of fraudulent activities, protecting the e-commerce company from monetary losses and legal complications.
when someone has canceled a subscription and still receives a charge) Goods or services not being received after the purchase Being charged an incorrect amount Unauthorized credit card usage (i.e. billion in 2023 , an uptick that can be partly explained by the global boost in online sales caused by the COVID-19 pandemic.
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