article thumbnail

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.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What is a Payment Management System?

Stax

Look for a PMS that can serve as an all-in-one platform for payment processing, integrates with other technologies, offers appropriate POS equipment, and prioritizes security compliance. Secure payment comes standard: Make sure your PMS meets Payment Card Industry compliance standards—this is a non-negotiable.

article thumbnail

Everything You Need to Know About Secure Payment Processing Systems

Stax

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. We use a host of security measures to prevent fraud and ensure PCI compliance across all of our products.

article thumbnail

Recurring Payments: Definition and Implementation Best Practices

Stax

TL;DR Recurring payments refer to a financial arrangement where a customer authorizes a business to charge their account at regular intervals for products or services. Keeping track of various state and country laws can be tough, so choosing a payment processor that ensures compliance is key to addressing this challenge. Get in touch!

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

Payment Security: Everything You Need to Know About Secure Payments

Stax

Ultimately, PCI DSS compliance helps prevent fraudulent transactions, mitigates data breaches, cultivates customer trust and protects your business. Stax delivers an all-in-one payments platform that is secure, stable and customizable—and did we mention affordable? At Stax, we help businesses keep up with all things payment security.