2011 and Stax - SaaS Brief

Tap to Pay: What It Is and How It Works

Stax

NOVEMBER 13, 2023

Google was the first, in 2011, to enable contactless payments via their mobile app. Full-service POS and credit card payment providers Full-service providers like Stax offer complete POS solutions and backend payment processing, which are essential to accepting contactless payments.

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Know Your Customer (KYC): What It Is and How to Comply

Stax

NOVEMBER 27, 2023

KYC’s three main components are the customer identification program (CIP), which was imposed by the USA Patriot Act in 2011; customer due diligence (CDD); and regular monitoring of the customer’s account and activities, which is also called enhanced due diligence (EDD). In the U.S.,

Merchant Services

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SaaS Brief

Tap to Pay: What It Is and How It Works

Know Your Customer (KYC): What It Is and How to Comply

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