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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.

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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. With proper integration, they can minimize billing errors, enable adaptive pricing strategies, and provide real-time insights to enhance overall efficiency. Real-time insights.

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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. Be prepared to adapt and evolve your mobile payment strategy as your business grows and customer preferences evolve.

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Ultimate Guide to Surcharges: What is a Surcharge and How Does It Work

Stax

Without strategies in place, disbursements can chip away at your hard-earned bottom line. Cost recovery, industry standards, regulatory compliance, and consumer sensitivity are key factors to consider when calculating surcharges. Regulatory Compliance. Every transaction has a cost. Minimum usage surcharge. Industry Standards.

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

Stax

By the end of this guide, you’ll have `a clear overview of its operational framework, strategic benefits, best practices, and advanced strategies to maximize this powerful, rapidly rising payment tool. TL;DR Recurring billing is a powerful solution to streamline processes and enhance revenue generation and customer engagement.

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CFO Tools You Should be Using in 2022

SaaSOptics

Is your company taking advantage of CFO tools like automated invoicing, database management, and automatic tax-compliance updates? Stax prides itself on being more than just an invoicing platform. Sales Tax and Compliance Tools. If not, read on. Finance and Billing Tools.

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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.