Remove Branding Remove compliance Remove Engagement Remove Stax
article thumbnail

Understanding Risk Management Strategies as a PayFac

Stax

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.

article thumbnail

Mobile Credit Card Processing Explained: What Business Owners Need to Know

Stax

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Find the Best SaaS Billing Platform: A Complete Guide

Stax

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.

article thumbnail

Recurring Billing: Definition, How it Works, and Best Practices

Stax

TL;DR Recurring billing is a powerful solution to streamline processes and enhance revenue generation and customer engagement. Legal and payment compliance Adhering to compliance standards, including those set by the Payment Card Industry Data Security Standard (PCI DSS), is essential. Recurring billing is no different.

article thumbnail

The 7 Best Mobile POS Systems for Small Businesses in 2024

Stax

Customer Relationship Management (CRM) features CRM functionalities help businesses to better understand and engage with customers. Security and compliance standards Security is paramount in any POS system to protect sensitive customer information. Features like customer data collection (e.g.,

article thumbnail

Understanding Payment Processing Compliance When Implementing Credit Card Surcharging

Stax

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. for transactions also requires this compliance.

article thumbnail

Vertical SaaS vs Horizontal SaaS: 8 Differences and Similarities

Stax

Vertical SaaS solutions are tailored for specific industries, addressing niche needs with in-depth customization and compliance with industry standards. A good way of doing this is to run regular engagement surveys to find out what tools or features users would most like to see added to your application. What is Vertical SaaS?