Stax

FEBRUARY 28, 2024

In this guide, we’re going to cover what companies need to consider when choosing a SaaS billing platform—and how Stax Connect makes this process simple. For best practices, integrate it with your other systems, offer flexible plans for optimized cash flow, and ensure data security compliance to industry standards. Real-time insights.

Payments 88

Payments SaaS Payments Payment Services Merchant Services 88

Stax

JANUARY 8, 2024

Not only must PayFacs safeguard themselves and their clients against potential threats like fraud or cybersecurity breaches but also ensure PCI compliance , customer due diligence, and adherence to card regulations. They must also ensure that sub-merchants are compliant with the regulations set by card companies, e.g. PCI compliance.

Merchant Services 88

Merchant Services Payfac Payment Services SaaS Payments 88

Stax

MARCH 14, 2024

Cross-border B2B payments can be complicated due to currency conversions, regulatory compliance, and varying banking systems. What’s more, if the funds are not available at the time when the receiver tries to cash the check, it will bounce, and bank fees will need to be paid. What are the Most Common B2B Payment Methods?

Payment Services 88

Payment Services Merchant Services Payment Methods Payments 88

Stax

APRIL 18, 2024

How to implement mobile credit card processing Implementing mobile credit card processing involves several key steps, from selecting the right hardware and software to ensuring security and compliance. Customize your mobile payment solution to reflect your brand identity and provide a seamless experience for customers.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

MARCH 6, 2024

Upon agreeing to these terms, the merchant is authorized to process automatic payments from the customer’s credit card, debit card, or bank account. Integrate with Payment Gateway: The payment gateway transfers payment information and funds between the customer’s account, bank, and the business’s account.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Features 88

FastSpring

FEBRUARY 8, 2023

As your MoR, we take on transaction liability for you which means we take the lead on compliance, audits, chargebacks, and more. Another example is that the Reserve Bank of India limits automatic payments to ₹15,000 (approximately $180) — anything over that amount has to be manually approved by the customer.

Payment Services 78

Payment Services Payments Payment Methods Merchant Services 78

Stax

JANUARY 24, 2024

Before 2013 though, credit card brands like Visa and Mastercard didn’t allow surcharging because they didn’t want to discourage customers from using credit cards as a preferred mode of payment. Once you have ensured that surcharges are permissible by law in your state, you must meet card brand guidelines for compliance.

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 88

Stax

JANUARY 24, 2024

Before 2013 though, credit card brands like Visa and Mastercard didn’t allow surcharging because they didn’t want to discourage customers from using credit cards as a preferred mode of payment. Once you have ensured that surcharges are permissible by law in your state, you must meet card brand guidelines for compliance.

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 88

Stax

APRIL 30, 2024

Whether you run a small online store or a major brand, accepting electronic payments is a must for all businesses. TL;DR Merchant processing ensures that all entities, such as the issuing bank, the acquiring bank, and the card company, work cohesively to facilitate payments between a customer and a business.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 88

Stax

JANUARY 15, 2024

Learn how to achieve payment processing compliance when surcharging to improve your company’s financial stability and reputation. PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Interchange fee management.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

JANUARY 17, 2024

Automated Clearing House (ACH) payments are a type of electronic bank-to-bank payment system in the US. An ACH payment facilitator, therefore, is simply a PayFac that allows users to accept payments through an electronic bank-to-bank network. In Q3 of 2023, the total volume of payouts on ACH networks reached 7.8

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

JANUARY 10, 2024

The exact rate can vary based on several factors, including the type of card used (debit or credit), the card brand (Visa, MasterCard, etc.), Businesses need to make sure they understand the credit card processing fees they’re responsible for paying and how this adds to the cost and compliance of accepting these cards regularly.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Facilitation 88

Stax

NOVEMBER 15, 2023

Understanding interchange fees enables merchants to effectively manage processing costs, negotiate better rates, make informed decisions about card acceptance, and ensure compliance with payment industry standards. That said, these fees can vary based on several factors like card brand, transaction location, etc.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

MARCH 19, 2024

Products from brands like Microsoft, Google, and Salesforce are horizontal SaaS tools created for everyone. It will also facilitate compliance with ABA guidelines on the management of interests accruing on trust accounts as well as other regulations in the industry.

Payments 88

Payments Payment Services Payment Methods SaaS Payments 88

Stax

FEBRUARY 15, 2024

In the ISO model, an ISV partners with a third party that handles merchant account setup, payment processing, risk, and compliance. It involves a complex ecosystem of financial institutions, including acquiring banks, payment processors, and card networks, alongside technology providers and regulatory bodies.

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 88

FastSpring

DECEMBER 7, 2022

However, you’ll still be responsible for paying taxes, processing chargebacks, and for things like legal compliance, dunning, and more. They’ll receive a receipt from FastSpring, and FastSpring will be listed on their bank or credit card statement. Increase conversions with branded, localized checkout. Process chargebacks.

Payment Methods 146

Payment Methods Merchant Services Payment Services Payments 146