NASHVILLE, Tenn., Sept. 21, 2022 (GLOBE NEWSWIRE) — Nashville-based Staks announced today that versions 2.0 of their StaksPay and StaksMusician apps have been released, bringing with them a host of new features and enhancements to the capabilities of the platforms. The focus of these updates was to offer new ways to conduct transactions, more support tools for tracking them, and improving the experience for new and established users.
“Our goal for the Staks platform is to provide innovative payment solutions that enable participants to create new digital economies while driving engagement from fans, customers and patrons,” said Scott Pranger, CEO and founder of Staks. “With these updates, we’ve taken a huge leap forward in the foundation of our apps, providing features that feel intuitive and worth interacting with.”
The main improvements in version 2.0 of the StaksPay & StaksMusician mobile apps are:
○ Organizations, teams and bands can set up their groups to automatically split payment based on custom percentages or a fixed amount for each member. This feature can support members who have contracted on a daily basis.
○Additional billing capabilities provide businesses and gig workers with more structural tools, reducing the time and money spent tracking transactions and payments.
○Automated clearing house payments are now available, allowing unlimited transaction amounts for Staks users.
○An additional benefit of ACH payments is that users can now select instant transfers for incoming payments, guaranteeing access to funds within 30 minutes for a small flat fee.
○ Users can now save received tips and funds in their “MyWallet” feature of StaksPay and StaksMusician.
○ Musicians can now schedule upcoming performances with location, date and time.
Guide for new installations
○During the sign-up process, the StaksPay app now provides a guide to help users set up their cards and bank accounts quickly.
○ A redesigned login experience to reduce the number of screens to swipe through, making it easier than ever to onboard new users.
○Staks has revamped its home page, providing easy access to commonly used features.
Improved search functions and extended tips
○A new advanced search feature allows fans and patrons to filter upcoming/active gigs and tip before they start.
While these updates represent a milestone in terms of the functionality of the apps, they are also instrumental in laying a foundation for other key features in development. “The MyWallet feature alone marks the beginning of our ability to develop structures that give users access to Web 3.0, including our upcoming crypto-based StaksRewards program using StaksCoin, as well as a Staks NFT marketplace,” shared Bala Ganesh, CTO of , with bars.
Staks is a leading provider of transformative digital asset and mobile payment solutions for the sports, entertainment and gig work industries. Their mission is to empower participants to create new and profitable digital economies while increasing fan engagement. Led by a talented team of software developers and architects, Staks brings combined experience in fintech, cybersecurity and AWS-based enterprise-level software architecture and strategy.
If you want to learn more about Staks, you can do so at www.stakspay.com.
Staks Press Release v2.0 FINAL (9-21-22).pdf
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