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For example, you can connect your Stax account to your CRM or Google Sheets in just a few clicks. Optimize lead management and deliver better customer service Startups, small businesses and large enterprises actually have many similar challenges. One of which is making sure the data you collect gets to the right person or team.
We recently had the privilege of sitting down with a panel of payments experts from Stax for a masterclass on this critical topic. Our host, Ray Lau , VP of Marketing, led an insightful discussion with Jeremy Krahl , SVP of Payment Partner Growth; Fred Nelson , VP of Sales Enablement; and Brandon Ewell , Partner Growth Manager.
Whether you’re building your first product or scaling an established solution, understanding the SaaS platform model is essential for long-term growth. Contact sales What is a SaaS Platform? It’s designed to help users solve specific problems, streamline workflows, and scale their operations with ease.
Talk to sales What Are Credit Card Merchant Services? These services enable you to process credit card payments online, in person, and on the go, and include everything from secure payment gateways to merchant accounts and point of sale (POS) systems.
There are some important variations to MRR that would be good for your sales team to be aware of, including new MRR, expansion MRR, and churn MRR. Talk to sales What is Monthly Recurring Revenue (MRR)? Here are some of the key ways you can scale your MRR. Let’s get started.
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.
Learn More Stax offers the lowest cost of accepting credit cards among all merchant account providers. If your business primarily revolves around personal finances, property management, or small-scale freelancing, Quicken might meet your requirements. It is also robust enough to scale with your business.
It can also make it easier to manage compliance, automate reporting, and scale operations. Tools for scaling and insights As your platform grows, your payments volume can too. Choose a partner that can scale with you and offer the data visibility you need to optimize performance. Contact sales 2. Learn more.
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. Speed Quick and seamless checkout process.
While many platforms are built for getting started, not all are designed to support scale. In this blog, well unpack what scalability really looks like in a payment solution and how to choose one that wont hold you backwhether you’re just beginning to start accepting payments or scaling to new markets.
Mobile commerce represents 31% of all retail eCommerce sales in the USA, and mobile apps have particular pulling power. This, in turn, will lead to more repeat business. Fraud detection systems might not be active in the sandbox, leading to a false sense of security. fraud triggers, insufficient funds).
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. As anISV, Stax works with a number of software partners to give sub-merchants total control over how they operate their businesses.
Contact sales Here are some factors to examine when making a decision to Outsource Integrated Payments Support. Direct Oversight: Internal teams handle customer issues directly, leading to potentially faster resolutions and better alignment with company policies.
Without these, you risk losing sales, slowing down checkout times, and letting fraud creep in. Talk to sales 7 Different Types of Contactless Payments You dont have to jump on every type of contactless payment out there. Tapping the device on a payment terminal finalizes the sale. It works much like a mobile wallet.
Interchange-plus pricing is transparent and can save money at scale, but it’s harder to predict total costs. Point-of-sale disclosure: When processing a transaction, ensure the POS system clearly breaks down the transaction amount, including the base price and the surcharge amount. To that end, here are our top picks.
According to Stax’sLead Software Engineer Austin Kelsch, an ACH API is a “subset of the broader payment API category” and is used mainly to facilitate ACH transfers. Initiating, receiving, and tracking payments at scale will become a breeze—freeing up time for sales and client management. Contact us to learn more.
One option you may have come across—but might not fully understand—is the Independent Sales Organization, or ISO. TL;DR An ISO (Independent Sales Organization) is a third-party company authorized to manage merchant accounts and provide payment processing services on behalf of acquiring banks.
Need to send invoices or only take payments at a point-of-sale? Ensure that the processor you choose can work seamlessly with your existing point-of-sale (POS) system, eCommerce platform, or accounting software. During the sales process, engage with the support team to assess their responsiveness and knowledge.
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.
Talk to sales Understanding Credit Card Processing Companies At a high level, a credit card processor acts as the middleman between your customer’s card issuer and your business bank account. Laggy terminals or limited payment methods can lose you the sale. Some even offer instant payouts or same-day funding. Scalability is key.
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.
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).
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.
It can be easy to consistently double revenue if you’re an early-stage company, but as you scale up, sustaining that becomes more difficult. Your CAC is how much you spend on acquiring and onboarding a customer, and can include marketing, communications, sales, and other expenses. Customer acquisition cost. More on that later.
Experienced payments and sales executive joins Stax leadership team to drive accelerated growth for Stax Connect and embedded payments. Stax Payments , Inc., a leading payment technology provider, has appointed Jeremy Krahl as the SVP, ISV Business Development. and Canada.
Stay Payments , a leading payment technology provider, has appointed Valentin Neiconi as Chief Risk Officer. “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. and Canada.
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.
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 this article, we’ll explore the significance of billing platforms in contemporary business, delve into the features that set Stax Bill apart, and guide you through the process of selecting the right billing solution for your unique needs. said Suneera Madhani, founder and CEO of Stax. “The
As these ecosystems evolve, ISV partnerships have become essential for companies looking to scale, reach new markets, and offer integrated ISV solutions. Software vendors recommend a platform to their customers (or vice versa), and earn revenue for each successful referral or sale.
Worldpay stands as a leading global payments company, offering a comprehensive suite of payment processing solutions to merchants and financial institutions across the globe. One of the most notable events in Worldpays history was its 2018 merger with Vantiv, a leading U.S.-based based payment processing company.
Lead generation involves varied relentless efforts that include content marketing, email outreach, digital ads, cold calls, and more to convince and nurture potential customers. However, without a structured process to guide leads through the sales funnel, you can lose out on valuable sales opportunities to your competitors.
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.
Following this approach, most retail business owners try to find a Point-of-Sale (POS) system for retail businesses that can make their operations (especially in-store) more efficient, manageable, and cost-effective. Make sure to choose solutions that can scale with you. What’s on the roadmap for your retail store?
Stax, for example, charges 0% markups on top of interchange, giving you the lowest percentage per transaction rate. The effective rate is calculated by adding up every cost related to processing credit cards, divided by total sales. However, the percentage markup rate does not give you a full picture of your processing costs.
Software as a Service (SaaS) has made business software more accessible by offering cloud-based, on-demand access to a range of solutions, from project management and collaboration to sales and marketing. But not all SaaS products are alike. Some solutions, like Slack or Microsoft, are useful for any kind of business.
Depending on the business type, merchant processing solutions are of two types: Point-of-sale (POS) systems POS systems are a popular payment collection system, with more than 93,300 companies using them in the US alone. StaxStax is a payments processing service that caters to all types of businesses, large or small.
Spreadsheets quickly become unwieldy for a scaling SaaS company; SaaSOptics is the financial reporting tool you’ll never outgrow. As the world’s #1 CRM platform, Salesforce can do everything from providing more insight into customers or sales to improving inter-company communication for better customer service.
Non-compliance with these regulations can lead to enforcement actions from federal regulatory agencies. You can communicate this through visible point-of-sale signage at checkout, verbal heads-up from staff, or on-screen alerts for eCommerce. Alternatively, compare sales data before and after imposing these fees.
When comparing the payment service providers, you must consider factors like compatibility, security, payment methods, cost of equipment, processing fees, and room to scale to ensure you are making the right choice. For example, Stax offers lower transaction fees for high transaction volumes.
Thanks to these modern payment solutions, credit card, and debit card users can now complete their purchases without swiping or inserting their cards at the point of sale (POS) terminals. With the promise of increased sales and a better reputation, it seems like it is par for the course to adopt a mobile payments solution.
Here’s a step-by-step strategy you can use to boost sales for your EHR tools: TL;DR Electronic health records, or EHR, is a software used to maintain patient records across multiple facilities. Learn More Understand Your Market If you want high ROI for your sales efforts, you need to sell to your target market.
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. Key Benefits of Automated SaaS Billing Systems Embracing automation with solutions like Stax Bill enables more efficient and accurate subscription management. Real-time insights.
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