Stax

FEBRUARY 26, 2024

We can see this trend in action in the realm of payment processing with the advent of recurring payments, also known as automatic payments. Handling payment failures and retries Payment failures are an inevitable aspect of any payment system. Implementing and maintaining a recurring payment system also involves technical complexities.

Payment Services 88

Payment Services Payment Features Merchant Services Payment Methods 88

Stax

MARCH 4, 2024

To stay ahead of fraud means merchants must understand the threats, use trusted and secure providers, and keep up to date on payment security trends. Other trending payment methods include peer-to-peer (P2P) payment apps like PayPal or Venmo are a secure and convenient way to transfer funds between people and businesses.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Features 88

Stax

MARCH 12, 2024

Customer payment behaviors How quickly or slowly your customers make payments has a direct impact on DSO, as timely payments by the due date keep DSO low. When interest rates are high, companies may have a less liquidity due to paying bigger loans or having difficulty securing lending, which has a knock-on effect on vendors.

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Payment Features Payment Methods Payment Services Stax 88

Stax

JANUARY 28, 2024

The customer subscription model grew in popularity partly due to the convenience that it offers to customers. TL;DR Originally popularized by print media, the subscription model is now widely adopted in the digital age (especially in SaaS and eCommerce), due to its convenience and the stable revenue stream.

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Payment Features Payment Methods Payment Solutions SaaS Payments 88

Stax

DECEMBER 20, 2023

Here are Stax’ Top Credit Card Processing Tips. No matter if you’re just starting out or you’ve been in business for a while, making your credit card system work better can really help your business grow—by saving you money, making your systems more efficient, or improving your customer experience.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

MARCH 14, 2024

Choosing a B2B payment system crucial to addressing common challenges that B2B payment systems face as well as improving client experience. Cross-border B2B payments can be complicated due to currency conversions, regulatory compliance, and varying banking systems. Learn More What are B2B Payments?

Payment Services 88

Payment Services Merchant Services Payment Methods Payments 88

Stax

FEBRUARY 28, 2024

Your payment terminal can be fully or semi-integrated with your POS system. It’s possible to have a non-integrated system, but this is becoming increasingly less common. As such, there is a 2-way sync between the devices The POS system offers One-way communication to the physical terminal. Card-present rate. Card-present rate.

Payments 88

Payments Payment Methods Merchant Services Payment Services 88

Stax

JANUARY 24, 2024

Dynamic pricing systems refer to pricing models where the price of goods and services fluctuate based on a range of factors. This differs from a fixed price approach, where prices are reviewed and adjusted in regular installments. This is where Stax comes in. Request Quote What is Dynamic Pricing? How does dynamic pricing work?

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Payment Methods Pricing Airlines Payment Solutions 88

Stax

MARCH 6, 2024

Choose the right service provider The ideal platform should offer robust functionality that includes flexible billing cycles, support for various payment methods, comprehensive security features, and seamless integration with existing systems. Regularly reviewing and optimizing pricing models keeps the offerings competitive and appealing.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Features 88

Stax

FEBRUARY 5, 2024

This could include upgrading equipment, implementing waste recycling systems, or introducing energy-efficient processes. Implement a system for regular surcharge monitoring, and be open to tweaking your pricing strategy based on customer feedback and market trends. Regulatory surcharge. reduced surcharges).

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

MAY 21, 2024

We’re seeing a similar trend in the legal industry, where law firms rely on case management systems to run their businesses. With management systems’ continual growth and improvement, it’s no wonder software sales are at an all-time high. Legal technology handles billables, case management, and document management.

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Payment Solutions Payment Services Payments Software Review 88

Stax

JANUARY 17, 2024

Automated Clearing House (ACH) payments are a type of electronic bank-to-bank payment system in the US. ACH transactions are one of the fastest-growing modes of electronic payments in the world due to the convenience they offer, low processing costs, and enhanced security.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

MARCH 14, 2024

While not all businesses can surcharge due to legal restrictions or customer preferences, for some, it can be an effective way to offset processing costs and keep more money in their pockets. One way to manage inventory efficiently is by using something called a just-in-time (JIT) inventory system.

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Payment Methods Payment Services Payment Solutions Payments 68