Stax Blog Categories
How to Understand Your Profit and Loss (P&L) Statement
Small and medium-sized businesses (SMBs) often fall into a unique financial management situation. Many are too small to have thorough financial reporting practices in place,…
Small Business Saturday Success Tips for 2023
Small Business Saturday, or SBS, is a much-anticipated shopping event that takes place between the Black Friday and Cyber Monday holiday shopping frenzy. This day…
Can You Decrease Credit Card Interchange Fees?
If you’re selling anything at all these days—online or in-person—it’s absolutely imperative to learn about interchange fees. They significantly impact the cost of accepting card…
Tap to Pay: What It Is and How It Works
Since the first plastic credit card was issued by American Express in 1959, payment tech progress has been growing exponentially. Magnetic stripe payments enjoyed a…
No Fee Payment Processing: Everything You Need to Know
A 2022 survey by the Pew Research Centre found that 41% of consumers don’t use cash for weekly purchases like gas, meals, and groceries. This…
Can Businesses Process Credit Cards for Free? 0% Processing Explained
It’s difficult to imagine retail and commerce without credit cards. According to the Forbes 2023 Advisor Survey, physical or virtual credit card payments make up…
What Is Electronic Invoicing and How Does It Work?
A key part that any business undertakes is sending out invoices. From SaaS services to healthcare, virtually every business has to send invoices to get…
Top 8 Restaurant Technology Trends in 2023
Guest post from Dining Alliance The restaurant industry is home to some of the most forward-thinking technology on the market. From AI to drone delivery…
Oracle Netsuite vs QuickBooks: Features, Pricing, and Customer Ratings
More businesses have come to realize how technology can help them automate the tasks involved in bookkeeping and other aspects of financial management. Robust platforms…
The Difference Between Square Fees and Stax Fees [2023 Update]
From collecting payments in-store to offering virtual, contactless options, choosing the right payment processor with the best cost is critical for the success of your…
Scaling Your Growing Business with Enterprise Merchant Services
Are your sales growing rapidly? Do you find yourself having to find and onboard new team members? Is your brand getting in front of more…
How to Implement Cashless Payments in Your Business
Significant advances in the fintech industry frequently introduce innovative new technology for payment methods, allowing consumers and businesses several cashless payment methods to consider. While…
What is a Sub-Merchant? Best Practices Managing and Onboarding Your SaaS Users to Accept Payments
A good chunk of customers use online payment gateways to make payments. With cash payments declining, payment methods like credit cards, debit cards, and mobile…
How to Outsource Transaction Processing Services
Just a few decades ago, virtually all businesses lived by the “cash is king” motto. Today? Not so much. According to the Federal Reserve, cash…
Payment Facilitator vs Payment Processor: 6 Key Differences
Every month, the average U.S. consumer makes 68 card transactions. It’s also estimated that approximately 108.6 million card transactions take place in the U.S. each…
Want to Offer Credit Card Processing For Law Firms? Here's How To Do It Right
In today’s technology-first environment, SaaS providers must maintain a competitive edge in the market to stand out. While there are many novel software solutions, one…
How to Find the Best SaaS Billing Platform: A Complete Guide
As a SaaS business, you need to be constantly evolving your offerings to stay fresh and relevant (and yes, it is as hard as it…
How to Sell Veterinary Practice Payment Solutions
The veterinarian services industry in the US has experienced rapid growth over the last few years. Fueled by the growing pet insurance sector and increasing…
Tap to Pay: What It Is and How It Works
Since the first plastic credit card was issued by American Express in 1959, payment tech progress has been growing exponentially. Magnetic stripe payments enjoyed a…
How Adopting Mobile Payments Can Help Your Business Grow in 2024
Let’s time travel back, just 20 years ago, to the shopping mall. You’re making a purchase at a retail store, and the cash register is…
The Impact of EMV Technology on Payment Transactions
EMV is an acronym for Europay, Mastercard, and Visa as these are the three companies that came together to create the EMV standard. An EMV…
ACH Payments and ACH Transactions: How Do They Work and How Long Does an ACH Transfer Take?
To say there are numerous ways to make or receive payment is a huge understatement.Today, business owners need to consider not only the many payment…
11 Easy Ways Businesses are Accepting Payments Online
When the world wide web became available to the public in the early ’90s, the growth of eCommerce and online shopping wasn’t far behind. With…
You Can Now Offer PayPal, Venmo, and Buy Now Pay Later with Stax
Staying competitive in today’s consumer landscape requires flexibility—particularly when it comes to payments. That’s why we’re thrilled to announce that Stax merchants can now add…
The Impact of EMV Technology on Payment Transactions
EMV is an acronym for Europay, Mastercard, and Visa as these are the three companies that came together to create the EMV standard. An EMV…
Understanding POS Debit and Point of Sale Charges
Whenever you accept debit cards as a form of payment, that transaction will appear on the customer’s credit card statement, often with “POS” or “POS…
How To Set Up A Merchant Account: A Step-by-Step Guide
As a business owner, you might already know that debit and credit card payments can be processed through merchant services. But the process of actually…
Top 8 Restaurant Technology Trends in 2023
Guest post from Dining Alliance The restaurant industry is home to some of the most forward-thinking technology on the market. From AI to drone delivery…
Understanding Fee Statements: Everything Business Owners Need to Know
Knowledge is power when it comes to winning in business (and life). This is especially true in the realm of fees, fee statements, and payments. …
Toast POS System: Reviews, Features, Pricing, and More
Running a restaurant or food business is a massive undertaking that requires a high level of coordination between your storefront, staffing management, payment processing, and…
Small Business Saturday Success Tips for 2023
Small Business Saturday, or SBS, is a much-anticipated shopping event that takes place between the Black Friday and Cyber Monday holiday shopping frenzy. This day…
The Impact of EMV Technology on Payment Transactions
EMV is an acronym for Europay, Mastercard, and Visa as these are the three companies that came together to create the EMV standard. An EMV…
What is an eCheck and How Does an eCheck Payment Work?
When dealing with clients, accepting eCheck payments or electronic checks is an excellent way for business owners to make financial transactions more convenient. In the…
11 Easy Ways Businesses are Accepting Payments Online
When the world wide web became available to the public in the early ’90s, the growth of eCommerce and online shopping wasn’t far behind. With…
Best Website Builder for Small Business
There’s no new news in saying that every small business needs an online presence. Whether you’re a coffee shop, retail boutique, or professional services—a website…
The Top 10 Best Online Shopping Carts for Merchants (and How to Choose the Right One)
What separates a regular website from an online store? The humble online shopping cart. This functionality allows customers to select and store items before heading…
How Adopting Mobile Payments Can Help Your Business Grow in 2024
Let’s time travel back, just 20 years ago, to the shopping mall. You’re making a purchase at a retail store, and the cash register is…
A Primer on Simple Mobile Payments for Small Business: What Merchants Need to Know
When you’re serving customers, you need to be as fast and efficient as possible—no matter how big or small your business is. Your customers are…
11 Easy Ways Businesses are Accepting Payments Online
When the world wide web became available to the public in the early ’90s, the growth of eCommerce and online shopping wasn’t far behind. With…
The Ultimate Breakdown: Comparing Mobile Credit Card Readers
The evolution of mobile credit card processing technology means consumers have more choices when it comes to how they pay. Whether you’re using a mobile…
5 Reasons Field Service Professionals Need Mobile Payment Solutions (and How to Choose The Right Provider)
It is essential for field services businesses to improve their field service management (FSM) and keep their employees up to date with the latest technologies…
Credit Card Processing Outages: Why They Happen and What You Can Do
For businesses of all sizes, credit card payments are essential. And when credit card processing outages occur, the revenue loss can be huge. Causes of…
How To Set Up A Merchant Account: A Step-by-Step Guide
As a business owner, you might already know that debit and credit card payments can be processed through merchant services. But the process of actually…
ACH Payments and ACH Transactions: How Do They Work and How Long Does an ACH Transfer Take?
To say there are numerous ways to make or receive payment is a huge understatement.Today, business owners need to consider not only the many payment…
Credit Card Processing Outages: Why They Happen and What You Can Do
For businesses of all sizes, credit card payments are essential. And when credit card processing outages occur, the revenue loss can be huge. Causes of…
The Difference Between Square Fees and Stax Fees [2023 Update]
From collecting payments in-store to offering virtual, contactless options, choosing the right payment processor with the best cost is critical for the success of your…
Explained Simply: What is a Merchant Services Provider?
Your Merchant Services Provider is a vital partner that can help you operate and grow your business. They facilitate credit card processing and provide other important services…
What are the Different PCI Compliance Levels and What Do They Mean?
Small or large, tech company or not, gathering customers’ payment card data is a standard part of conducting business today. Almost everyone pays by debit,…
How Adopting Mobile Payments Can Help Your Business Grow in 2024
Let’s time travel back, just 20 years ago, to the shopping mall. You’re making a purchase at a retail store, and the cash register is…
What Is Electronic Invoicing and How Does It Work?
A key part that any business undertakes is sending out invoices. From SaaS services to healthcare, virtually every business has to send invoices to get…
The Best Free Accounting Software for Small Business in 2024
Running a small business often means wearing many hats—sending emails, paying suppliers, invoicing, crafting workflows, and building financial reports. All these are must-dos, in addition…
What is an eCheck and How Does an eCheck Payment Work?
When dealing with clients, accepting eCheck payments or electronic checks is an excellent way for business owners to make financial transactions more convenient. In the…
11 Easy Ways Businesses are Accepting Payments Online
When the world wide web became available to the public in the early ’90s, the growth of eCommerce and online shopping wasn’t far behind. With…
Understanding Fee Statements: Everything Business Owners Need to Know
Knowledge is power when it comes to winning in business (and life). This is especially true in the realm of fees, fee statements, and payments. …
How to Maintain Anti-Money Laundering Compliance as a PayFac
For any merchant selling products or services online, it’s always a good idea to allow customers to make payments on their platform itself—instead of redirecting…
Know Your Customer (KYC): What It Is and How to Comply
204.5 billion. That’s the amount of non-cash payments made in the U.S. in 2021, according to the Federal Reserve. That’s a lot of money being…
What Is Data Tokenization and How Does It Work?
As the world increasingly moves online, it is essential to safeguard the information being stored and transferred over networks. Today, data is as important as…
6 Key Features of a Managed PayFac
A recent survey by Forbes Advisor revealed that only 9% of Americans still pay for their purchases using cash. For frequent purchases like gas and…
How to Increase Customer Lifetime Value (CLV)
Customer lifetime value is a common buzzword heard in the world of sales and marketing. Yet it’s also a vital metric for SaaS businesses to…
The 6 Most Effective Strategies to Cultivate Payment Feature Adoption in SaaS Platforms
Developing and improving new features for your SaaS platform can take a massive investment. Unfortunately, the majority of software product features—80% according to some studies—go…
How to Maintain Anti-Money Laundering Compliance as a PayFac
For any merchant selling products or services online, it’s always a good idea to allow customers to make payments on their platform itself—instead of redirecting…
Know Your Customer (KYC): What It Is and How to Comply
204.5 billion. That’s the amount of non-cash payments made in the U.S. in 2021, according to the Federal Reserve. That’s a lot of money being…
What Is Data Tokenization and How Does It Work?
As the world increasingly moves online, it is essential to safeguard the information being stored and transferred over networks. Today, data is as important as…
6 Key Features of a Managed PayFac
A recent survey by Forbes Advisor revealed that only 9% of Americans still pay for their purchases using cash. For frequent purchases like gas and…
How to Increase Customer Lifetime Value (CLV)
Customer lifetime value is a common buzzword heard in the world of sales and marketing. Yet it’s also a vital metric for SaaS businesses to…
The 6 Most Effective Strategies to Cultivate Payment Feature Adoption in SaaS Platforms
Developing and improving new features for your SaaS platform can take a massive investment. Unfortunately, the majority of software product features—80% according to some studies—go…
A Primer on Simple Mobile Payments for Small Business: What Merchants Need to Know
When you’re serving customers, you need to be as fast and efficient as possible—no matter how big or small your business is. Your customers are…
Surcharging Tools and Tech: What You Need to Implement a Surcharging Program In-Person and Online
If you’re reading this guide, you’re likely interested in implementing a surcharging program to offset credit card costs. More and more merchants are choosing to…
The Ultimate Breakdown: Comparing Mobile Credit Card Readers
The evolution of mobile credit card processing technology means consumers have more choices when it comes to how they pay. Whether you’re using a mobile…
5 Reasons Field Service Professionals Need Mobile Payment Solutions (and How to Choose The Right Provider)
It is essential for field services businesses to improve their field service management (FSM) and keep their employees up to date with the latest technologies…
How To Get Paid On Time: 8 Tips For Field Service Professionals
Running an operation is not an easy task for field service professionals. Even when you do stellar work and perform the tasks as expected, you…
How Businesses Can Go Mobile and Increase Sales
The evolution of modern markets and customer expectations have changed the conventional business payments model entirely. In today’s environment, it is now the norm to…
How Adopting Mobile Payments Can Help Your Business Grow in 2024
Let’s time travel back, just 20 years ago, to the shopping mall. You’re making a purchase at a retail store, and the cash register is…
What Is Electronic Invoicing and How Does It Work?
A key part that any business undertakes is sending out invoices. From SaaS services to healthcare, virtually every business has to send invoices to get…
Surcharging Tools and Tech: What You Need to Implement a Surcharging Program In-Person and Online
If you’re reading this guide, you’re likely interested in implementing a surcharging program to offset credit card costs. More and more merchants are choosing to…
How To Set Up A Merchant Account: A Step-by-Step Guide
As a business owner, you might already know that debit and credit card payments can be processed through merchant services. But the process of actually…
11 Easy Ways Businesses are Accepting Payments Online
When the world wide web became available to the public in the early ’90s, the growth of eCommerce and online shopping wasn’t far behind. With…
Understanding Fee Statements: Everything Business Owners Need to Know
Knowledge is power when it comes to winning in business (and life). This is especially true in the realm of fees, fee statements, and payments. …
What Is Electronic Invoicing and How Does It Work?
A key part that any business undertakes is sending out invoices. From SaaS services to healthcare, virtually every business has to send invoices to get…
Stax vs. Echo Payment Provider: Which Solution is Best for Healthcare Merchants?
Frustrating patient account interfaces and high payment amounts. These are just two reasons why paying medical bills is widely recognized as an unpleasant hassle. And…
How to Sell Veterinary Practice Payment Solutions
The veterinarian services industry in the US has experienced rapid growth over the last few years. Fueled by the growing pet insurance sector and increasing…
How to Get a Credit Card Machine for Small Business
Are you looking to accept credit or debit card payments for your business? While the process may appear difficult, small business credit card processing is…
Implementing Healthcare Data Security Standards: A Guide for Merchants and ISVs
As an independent software vendor (ISV), you play a key role in the success of your clients. Businesses rely on you to power their systems…
PCI and HIPAA Compliance: What Healthcare Businesses Need to Know About Credit Card Processing
While all businesses must take the privacy and security of the customer information they handle seriously, those operating in the vast healthcare landscape have additional…
Small Business Saturday Success Tips for 2023
Small Business Saturday, or SBS, is a much-anticipated shopping event that takes place between the Black Friday and Cyber Monday holiday shopping frenzy. This day…
Tap to Pay: What It Is and How It Works
Since the first plastic credit card was issued by American Express in 1959, payment tech progress has been growing exponentially. Magnetic stripe payments enjoyed a…
The Impact of EMV Technology on Payment Transactions
EMV is an acronym for Europay, Mastercard, and Visa as these are the three companies that came together to create the EMV standard. An EMV…
How To Set Up A Merchant Account: A Step-by-Step Guide
As a business owner, you might already know that debit and credit card payments can be processed through merchant services. But the process of actually…
11 Easy Ways Businesses are Accepting Payments Online
When the world wide web became available to the public in the early ’90s, the growth of eCommerce and online shopping wasn’t far behind. With…
Best Website Builder for Small Business
There’s no new news in saying that every small business needs an online presence. Whether you’re a coffee shop, retail boutique, or professional services—a website…