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For example, with Stax Connect’s full API enrollment, you can allow the payment enrollment to happen within your app or website itself. This would allow you to start the payment enrollmentprocess on your website or app and then redirect users to a co-branded landing page to complete their application.
TL;DR Payment monetization is the action of adding payment processing as a software feature within your platform and then charging customers when they utilize your offerings.Some of its benefits include additional revenue streams, more value for users, and reduced churn. Stax Connect streamlines the enrollmentprocess for SaaS companies.
The second solution announced by the bank is Supplier Prefer Pay, which facilitates supplier payments by streamlining the enrollmentprocess for supplier onboarding and enables companies to pay those suppliers using electronic rails. Bank, both tools aim to help businesses migrate away from paper checks and other manual processes.
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