TrustRadius Insights
Users of Stax have experienced a range of positive outcomes and benefits when utilizing this payment processing software. One primary use …
Starting at $0.50 per month
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Basic
$0.50
Cloud
per month
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Product Details
- About
- Tech Details
What is STAX?
STAX Features
- Supported: Access Controls/Permissions
- Supported: Cost Management
- Supported: Billing & Provisioning
- Supported: Capacity Analytics
- Supported: Demand Monitoring
STAX Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Web-Based |
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Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Business Problems Solved
- Pros
- Cons
- Recommendations
Users of Stax have experienced a range of positive outcomes and benefits when utilizing this payment processing software. One primary use case is the cost-saving advantage that Stax offers, allowing businesses to allocate their funds towards other operational expenses. By integrating seamlessly with existing systems, Stax makes it easy for users to manage customer information, invoice clients, and charge accounts. This streamlined approach has been particularly beneficial for industries such as tax practices, where efficient billing and invoicing processes are crucial.
The setup process for Stax has been reported as straightforward by users, enabling businesses to quickly start accepting payments once they are operational. Furthermore, the ability to save on fees initially charged by other credit card processing companies has been a significant advantage. This cost reduction allows users to accept more payments while also gaining access to valuable customer and business data. Additionally, Stax ensures faster access to funds in bank accounts compared to previous payment processing methods, contributing further to overall cost reduction for merchant processing.
One standout feature of Stax is its ability to eliminate the need for users to chase payments by check. Customers can conveniently make payments through ACH or credit/debit cards, reducing administrative burdens and ensuring timely transactions. Moreover, users appreciate the ease of performing payment-related tasks while in the field, enhancing their ability to efficiently manage payment methods. These user experiences highlight how Stax not only simplifies payment processing but also offers practical solutions for businesses seeking streamlined operations and cost savings.
Seamless Integration: Users have found that STAX integrates seamlessly into their CRM software, providing a smooth experience for managing payments. Several reviewers stated that this integration has made it easier for them to handle customer transactions and streamline their business processes.
User-Friendly Interface: Many customers appreciate the user-friendly interface of STAX, which allows them to easily create invoices and access all necessary customer information with just a few clicks. This intuitive design has been praised by multiple users as it saves them time and effort in managing their payment processing tasks.
Transparent Pricing: Multiple reviewers have highlighted the cost-effectiveness of STAX due to its transparent pricing structure. With a flat fee based on annual sales and no additional surcharges or hidden fees, users find that STAX offers good value for money compared to other similar services. This clear pricing model has been mentioned by several customers as one of the reasons they chose STAX for their payment processing needs.
Higher Charges: Some users have expressed concerns about the charges from STAX being higher than the payments received from their customers, indicating a potential issue with the pricing or fee structure.
Complex Selection Process: Several reviewers have found the abundance of options for payment processing companies and the complexity of their differences to be overwhelming. This may suggest a preference for a more streamlined selection process.
No Free Version: A common drawback mentioned by users is that there is no free version of STAX available, only a free trial. This could be seen as a disadvantage for those looking for a no-cost option.
Users have made several recommendations based on their experiences with Fattmerchant. Firstly, they have found Fattmerchant to be an excellent software for creating invoices. Users appreciate its functionality and ease of use in generating professional invoices for their business needs.
Secondly, users recommend consulting with an external software service provider to explore payment processing options. They believe that discussing with experts can help businesses make informed decisions about the most suitable payment processing solutions for their specific requirements.
Thirdly, users suggest using Fattmerchant as a means to lower processing costs and simplify accounting. By utilizing this software, businesses can potentially reduce their processing expenses while streamlining their financial record-keeping processes.
Additionally, some users recommend Fattmerchant for its convenience in enabling payments on the go. They find the ability to accept payments from anywhere to be particularly useful for businesses that require mobility in their operations.
Lastly, one user suggests discussing the need to separate trust and operating accounts with Fattmerchant specifically for law firms. This recommendation emphasizes the importance of addressing unique financial considerations that may arise in legal practice.
Overall, users have identified various benefits and features of Fattmerchant that make it a valuable tool for invoice creation, payment processing, cost reduction, accounting simplification, mobile payments, and catering to the needs of law firms.