Stripe Software Alternatives and Competitors

- Stax by Fat Merchant is a payment platform designed to simplify billing for businesses, whether they are small practices or large firms. - It offers features like safe storage of billing information, setup of recurring charges, and invoice tracking, making it easier for businesses to manage their finances. - The platform also provides analytical tools for payment metrics, helping businesses make informed decisions. - Stax is scalable and flexible, with a user-friendly API, making it suitable for growing businesses and technology companies.

1. **Small Business Check Usage:** In a 2017 study, 85% of small business owners still issued paper checks for payments, with almost half writing at least 15 checks per month. 2. **Digital Solution Demand:** A growing number of small business owners seek digital solutions to manage cash flow effectively. 3. **Benefits of Digital Checking:** Digital checking solutions empower small business owners to create, send, and deposit checks from any device. 4. **User-Friendly Process:** Users can easily send digital checks by entering the recipient's name, email, amount, and optional memo. Recipients receive an email with a link to print or deposit the check online for free. 5. **Streamlined Verification:** First-time recipients can choose their bank account type, verify their phone number via text or call, and instantly verify their bank account using online credentials. Future digital checks are automatically deposited into the selected account.