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The rapid evolution of embeddedpayments is reshaping industries and unlocking new opportunities, particularly for small business sectors that have often been overlooked. Embeddedpayments, according to Gray, enable nonprofit organizations to not only streamline processes but also generate additional revenue streams to offset costs.
StaxPayments , a leading payment technology provider, has appointed Mark Sundt as Chief Technology Officer. As CTO, Sundt will accelerate the delivery of new products, features, and functionality that unlock and drive increased value for Stax customers and partners. To learn more about Stax, visit staxpayments.com.
Consider the transaction fees, security features, integration options, and variety of payment methods when choosing an ideal provider. Remember, if your business is deemed a high-risk industry, you might need a specialized merchant account to avoid payment delays or holds. Find out whether its a requirement and act accordingly.
For example, Stax Pay charges a fixed monthly membership fee which might not be the best option for very small businesses with low transaction volumes, but could be extraordinarily cost-effective for businesses that process more than $5000 per month. It also lets you accept and process in-person, online, mobile, and recurring payments.
Its fraud detection system uses machinelearning to flag suspicious transactions, minimizing risks. Advanced Security and Fraud Protection Uses machinelearning for fraud detection, PCI DSS compliance, encryption, and Secure Customer Authentication (SCA) for added protection.
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