Stax

SEPTEMBER 17, 2024

That’s where Stax comes in. Legal Repercussions If a credit card data security breach occurs and the business is found to have used a non-PCI certified provider, they may face class action lawsuits from affected customers, banks, and credit card companies. Stax is a Level 1 PCI Service Provider.

Payment Services 88

Payment Services Merchant Services Payment Methods compliance 88

Stax

JULY 9, 2024

EFT payments are transactions between the sender and receiver that transfer funds electronically from the sender’s bank account to the receiver’s. Peer-to-peer payments Another popular payment method that started as a way of transferring funds between bank accounts on the consumer side is peer-to-peer (P2P) payments. Easy to use.

Payment Methods 88

Payment Methods Payment Services Merchant Services Payment Solutions 88

Stax

FEBRUARY 26, 2024

For subscription businesses, the customer’s account should also include options for subscription management where they can adjust the frequency of deliveries, pause or cancel the subscription, update card information or bank account information, and more. Get in touch! Learn More FAQs about Recurring Payments Q: What are recurring payments?

Payment Services 88

Payment Services Payment Features Merchant Services Payment Methods 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. Implementing advanced cybersecurity measures to prevent data breaches and protect sensitive information.

Merchant Services 88

Merchant Services Payfac Payment Services SaaS Payments 88

Stax

AUGUST 22, 2024

Investment in advanced cybersecurity solutions and regular assessments of these solutions are also highly recommended. Building a strong relationship with stakeholders Look into developing collaborative relationships with acquiring banks and payment networks. In turn, you’ll be able to improve your service quality for your merchants.

Merchant Services 88

Merchant Services Payment Services Payfac SaaS Payments 88

Stax

JULY 16, 2024

Before 2004, credit card companies had their own set of rules for cybersecurity. According to a report by the Federal Reserve Bank of San Francisco , credit card usage among Americans has been steadily increasing since 2016. Stax is 100% PCI compliant, which makes it the perfect solution for all your payment processing needs.

Payment Services 88

Payment Services Merchant Services Payment Methods compliance 88

Stax

JANUARY 15, 2024

Implementing surcharging involves analyzing pricing strategy impact, communicating policies effectively to customers, and reviewing technical considerations, including cybersecurity measures. Interchange fees are fees your bank (acquirer) pays to the cardholder’s bank (issuer) in a credit card transaction. Process automation.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88