New Payment Method: Stax

Status: Requested 1 Vote
Russ
Sep 5, 2023 2:46 PM
Joined Jan, 2023 32 posts

Hey guys,

Stax is a company with a flat-fee monthly CC processing rate on top of what Visa/MC/Discover charges, plus only 15 cents per transaction.  Most payment processors (e.g. Lynnbrook) mark up the Visa/MC rate with their own rate.  In my case, this works out to be far less expensive than the other CC providers - which is more than enough to cover my OwnerRez monthly invoice.  Can you add support for Stax or a similar service with lower CC fees?  If there's any downsides to this cost model, I'm curious to know what it is.  If there's another company with a similar flat monthly rate from $99-$199, that would work too.

https://staxpayments.com/home/sign-up/

Regards,
RussI

Rex C
Sep 5, 2023 6:01 PM
OR Team Member Joined Aug, 2021 52 posts

Hi Russ,

With most integrations such as listing sites, most of the other systems write their integration into OwnerRez, we don't integrate to them. 

Payment processors are a bit different where our engineers would have to write the integration. At this time we are not looking to add any new payment processors unless they are able to handle properties in the Caribbean or Latin America regions.

Russ
Sep 5, 2023 7:15 PM
Joined Jan, 2023 32 posts

Hi Rex,

Do any of the existing payment processors use a monthly subscription fee model? That's really what I'm going for here. 

-Russ

Caleb M
Sep 14, 2023 10:30 AM
OR Team Member Joined Mar, 2022 174 posts

Hi Russ,

At this time, no we don't have integrations with any processors that have a flat monthly fee.

~Caleb