Stax

AUGUST 22, 2024

However, setting up and managing a payment system can be complex and overwhelming. Thorough due diligence, technology, and adherence to regulatory guidelines are essential in a PayFac’s risk management strategy. You need thorough due diligence, technology, and adherence to regulatory guidelines in your risk management strategy.

Merchant Services 88

Merchant Services Payment Services Payfac SaaS Payments 88

Stax

JANUARY 8, 2024

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. The potential impact of failed or inadequate internal systems, processes, procedures, etc.

Merchant Services 88

Merchant Services Payfac Payment Services SaaS Payments 88

Stax

MARCH 4, 2024

Taking precautions to implement security measures such as secure firewalls and cybersecurity training helps to protect cardholder data and other sensitive information. It’s also critical to ensure card information is protected from data breaches with secure encryption and cybersecurity standards in place.

Payment Methods 88

Payment Methods Merchant Services Payment Services Payment Features 88

Stax

SEPTEMBER 17, 2024

That’s where Stax comes in. Do Not Use Vendor-Supplied Defaults for System Passwords and Other Security Parameters Default passwords and settings provided by vendors are often publicly known and can be easily exploited by attackers. So how can your business stay PCI compliant? Why Is PCI Compliance So Important?

Payment Services 88

Payment Services Merchant Services Payment Methods compliance 88

Stax

APRIL 18, 2024

Some well-known examples are Adobe, a design and creator platform, Autodesk, a leading construction management system; and Meditech, a healthcare information systems solution. Examples of popular SaaS apps include Shopify, an eCommerce platform, Dropbox, a cloud storage service, and Stax Bill, an automated payment processing system.

Outsourcing Services 88

Outsourcing Services SaaS Payments Payment Services Payment Methods 88

Stax

JULY 16, 2024

PCI DSS is constantly updated, so you should check if your security control system complies with the latest standards. Before 2004, credit card companies had their own set of rules for cybersecurity. Note that PCI DSS is constantly updated, so you should check if your security control system complies with the latest standards.

Payment Services 88

Payment Services Merchant Services Payment Methods compliance 88

Stax

FEBRUARY 26, 2024

Handling payment failures and retries Payment failures are an inevitable aspect of any payment system. Recurring payment systems are designed to handle such situations by employing automated retries, so you don’t have to spend as much time on the dunning process.

Payment Services 88

Payment Services Payment Features Merchant Services Payment Methods 88