Stax

DECEMBER 4, 2023

The US, therefore, requires financial institutions as well as financial services firms to have anti-money laundering (or AML) compliance programs in place. In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). Non-compliance can have major implications.

Merchant Services 88

Merchant Services Payment Services Payfac compliance 88

Stax

MARCH 15, 2024

Compliance with these standards ensures that merchants and payment processors implement robust security measures to safeguard financial data. Compliance with PCI DSS is mandatory for businesses that handle credit card transactions.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

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

NOVEMBER 13, 2023

In 2015, many merchants switched to NFC-enabled terminals; by 2019, most banks were issuing contactless cards. Visa, Mastercard, and the customer’s bank) for authorization. But the benefits made known during that time were more aligned with the original reason for its development. No contact, no germs.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Solutions 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

MARCH 26, 2024

Key features of online terminals include: Multi-Channel Payment Processing: Online terminals can process payments from various sources, such as credit cards, debit cards, e-wallets, and, in some cases, bank transfers. Adherence to security protocols, such as PCI DSS compliance is a must.

Payment Methods 88

Payment Methods Merchant Services Payment Services Payments 88