Stax

Stax is a payment processing company that offers a subscription-based model for its services, positioning itself as an alternative to traditional percentage-based fee structures. The company primarily serves small to large businesses, as well as independent software vendors (ISVs) and software platforms, by providing a platform for integrated payments and recurring billing.

The core of Stax's business model is its flat-rate monthly subscription, which starts at $99. This model is designed to be more cost-effective for businesses with a high volume of transactions. In addition to payment processing, Stax offers a suite of tools to enhance business operations, including digital invoicing, Text2Pay functionality, and point-of-sale (POS) systems. For software platforms, Stax provides a white-label solution, Stax Connect, which allows them to integrate payment processing directly into their own software.

Stax operates in the competitive fintech market, focusing on simplifying the payment process for its clients. The company generates revenue through its monthly subscription fees, rather than taking a percentage of each transaction. This approach provides businesses with more predictable costs for their payment processing needs.

Keywords: payment processing, subscription-based, integrated payments, recurring billing, digital invoicing, Text2Pay, POS systems, white-label, fintech, B2B