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Stax vs Riverside Payments: Which Solution Should You Choose?

Stax

There are many processors out there that claim to save you money, and in this post we’ll take a look at two of them: Riverside Payments and Stax. ” – Nathen E Stax Stax is an Orlando-based merchant services provider that is best known for membership-based pricing , eliminating markups on interchange rates.

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Unearned Revenue: What it is and What it Means for Subscription Businesses

Stax

TL;DR Unearned Revenue refers to funds received for goods or services that haven’t been fully delivered. Unearned revenue , also known as deferred revenue or prepaid revenue, refers to funds received in exchange for performing goods or services that haven’t been fully delivered to the customer. Learn More What is Unearned Revenue?

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How to Choose Between EFT vs ACH: A Comprehensive Guide

Stax

ACH Credit or direct deposit refers to when the payer pushes funds into the recipients bank account or credit union account. Security and compliance ACH provides extra protection against fraud for high-value transactions because they pass through the ACH automated clearing house and NACHA regulations. per payment batch.

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The Ultimate Guide to Ecommerce Payment Solutions

Stax

Theyre easy to integrate and set up, with the host taking care of data security measures, including PCI compliance and fraud protection. On top of PCI compliance, you might have to pay extra for SSL (Secure Sockets Layer) certification. Just like self-hosted gateways, merchants using API-based solutions are responsible for security.

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Demystifying Credit Card Interchange Fees: What You Need to Know [2024 Rates and Updates]

Stax

However, an exemption to this is debit cards issued by a bank with less than $10 billion in assets, also referred to as “exempt”, often a local bank or credit union—these have some of the highest interchange rates of all. Some others, including Stax, offer subscription-style processing that gives you access to the lowest rates of interchange.

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How to Maintain Anti-Money Laundering Compliance as a PayFac

Stax

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.

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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.