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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. In some cases, the payment processor may be using Transport Layer Security (TLS).

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Tap to Pay: What It Is and How It Works

Stax

In Seoul, South Korea, the Seoul Bus Transport Association introduced the UPass, a contactless payment card that commuters could tap on as they entered the bus. Beyond retailers and accepting payments, NFC is used for public transport, access control systems, smart advertising, data exchange between devices, and interactive gaming.

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

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Cost recovery, industry standards, regulatory compliance, and consumer sensitivity are key factors to consider when calculating surcharges. Common in transportation and logistics, fuel surcharges adjust for fluctuations in fuel prices. Regulatory Compliance. Keep these compliance considerations in mind. Fuel surcharge.

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

Stax

Merchants can accept payments anywhere with mobile credit card processing, eliminating the need for a fixed point-of-sale terminal. That can mean paying the plumber by credit card in their own house or paying for a sweater with the sales associate who helped them pick it out, rather than going to find the POS desk.