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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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FSM Software: 7 Growth Tips for Field Service Management Software Providers

Stax

TL;DR Understanding your target market is the first step to growing your FSM software business FSM software providers need to invest in product development and innovation to stay up-to-date with industry trends, forecast market needs, and respond with innovative solutions. It’s not just about staying up-to-date with industry trends.

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Visa Interchange Rates 2024: What You Need to Know

Stax

Retail transactions might have different rates compared to healthcare or travel-related transactions. Compliance and Regulation: Changes in regulations or compliance requirements can also influence interchange rates. Talk to Stax today to find out how much we can help you save on payment processing fees.