Stax Payments- Powering Payments Solutions for Businesses

The Fintech landscape is in a state of constant evolution. The fusion of the financial sector and digitalization is propelling the industry to unprecedented heights, and at the forefront of this transformation is Stax Payments. As a pioneering payment solutions provider, Stax Payments is not just keeping pace with these changes but driving them. It delivers cutting-edge integrated payment and recurring billing solutions, setting new standards for SMB processing.

On a mission to equip industries across the market with the best and most accessible payment services, Stax Payments is revolutionizing the Fintech ecosystem by partnering with SaaS companies, ISOs, and SMBs to provide flexible, multi-channel payment processing and invoicing solutions. Stax is not only a payments technology company but also an end-to-end processor that offers solutions tailored to the unique needs of each vertical and new revenue sources for its partners to ensure a seamless payment experience for merchant customers.

Stax’s unwavering commitment to devising payment solutions for both businesses and software platforms has solidified its position as a leading payment technology provider. Its world-class payment solutions don’t just facilitate transactions; they fuel business growth. With flexible, subscription-based pricing and surcharging solutions, Stax Payments simplifies the process of receiving payments, empowering businesses to focus on their core operations. The company’s comprehensive and centralized payment platform equips all businesses, regardless of size, with the tools needed to perform reporting and invoicing functions effectively.

With a single, all-in-one dashboard, businesses can accept all payment types. Additionally, this payment solution boosts scalability by fostering communication and collaboration between clients and Stax Payments’ in-house time, maximizing the payment infrastructure. From robust, real-time reporting to frictionless payment reconciliation, Stax builds a comprehensive suite of adaptable tools to generate the perfect solution to achieve business goals.

In addition to payment solutions for businesses, Stax Payments extends its payment services to software platforms. With Stax Connect, Stax allows ISVs to power payments on their platforms. Stax Connect operates on a single integration, which grants a seamless end-to-end experience for merchants and their customers. Stax Connect’s cross-functional team comprises experienced developers who specialize in driving payment attachments and increasing full revenue potential through embedded payments.

Stax Connect features a simplified API with white-label capabilities to embed payments quickly while leveraging flexible program options like referral, reseller, and Payfac—all supported by industry experts. Stax Payments also offers Stax Bill, a simplified, automated subscription billing technology that makes payment acceptance easier by eliminating repetitive tasks, reducing billing time by 80% monthly, reducing late or failed payments by up to 70% with credit card retry schedules, and recovering around 4% of monthly revenue with its automated collections option.

As digitalization becomes an integral part of financial services, it is of paramount importance to ensure safe and secure transactions. With Stax Pay, Stax Payments enables secure online and in-person credit card transactions through an all-in-one business management platform. This state-of-the-art platform accepts multiple payment options, enables in-person payments with the help of customizable smart terminals and mobile readers, and allows safe payment collection in any environment.

Stax Pay adds another layer of security to payment processes by giving users the ability to choose from the latest technologies in terminal hardware or point-of-sale and pay in three different ways: swiping, dipping, or tapping credit cards and accepting Apple Pay and Google Pay. This platform also provides access to data and analytics, deposits, payment activities, and sales trends.

At Stax, we aim to empower businesses with the most efficient and convenient path to success through innovative embedded payment technology that helps them adapt to the ever-changing landscape and thrive in it. — Paulette Rowe, CEO

In an era of complex transactions, Stax Payments redefines payment processing with Stax Processing. Using proprietary software and solutions, this technology platform simplifies payments and offers customizable options to partners, merchants, ISVs, ISOs, and SMBs. Stax Processing delivers limitless acceptance capabilities designed to support various payment methods with uninterrupted flexibility. Its unified platform integration streamlines operations by ensuring seamless communication between all systems, from boarding to payouts.

Furthermore, Stax Processing enables direct processor integration and allows direct control over the payment processing across the entire lifecycle, from processing to reporting, boosting efficiency and security. It also ensures a smooth onboarding process and provides access to easy-to-use services, saving time and money and eliminating operational challenges.

Another unique offering by Stax Payments is CardX, a product that enables seamless compliant surcharging and offsets credit card processing fees. This product allows Stax Payments’ clients to retain 100% of every credit card sale, paying only for debit card transactions. It also ensures automated compliance with state and federal rules and regulations while maintaining a customer-friendly experience, allowing customers to use debit as a fee-free option.

Located in Orlando, Florida, Stax Payments extends its services to organizations across the globe. One of Stax Payments’ clients is an organization that makes animal rescues and homing easier by building software that streamlines the entire rehoming process, from animal intakes to adoptions and community programs. However, the company wanted to upgrade its payment processing software and collaborate with a payment processing partner who shared its dedication and commitment to serving animals. While the organization had software to manage adoptions and process more donations, the integration system did not attain business goals.

With Stax Payments’ assistance, the client powered its software, Shelterpay, with Stax Connect’s white-labeled API. Stax partnered with the organization and accelerated the migration of existing merchants through tokenization without interrupting the customer user experience. This new integrated payment system also expedited the application process, instantly completing a five- to ten-minute application for customers switching processors.

Additionally, the new integrated software automatically added information to help the center describe the organization’s new operations and goals. Stax Connect also simplified the reporting process, making it more accurate and comprehensive, and established direct contact with the Stax Payments team to resolve existing and potential issues. As a result, the client set a goal of onboarding 1,000 customers to the upgraded Stax-powered Shelterpay application and achieved 50% of the goal within the first two weeks of launching.