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Need to Know | Embedded Finance Unlocks Value for Underserved Small Business Sectors

Stax

Adam Gray , Chief Transformation Officer at Stax, recently sat down with Hal Levey of PYMNTS to discuss emerging trends in payment processing and vertical integration. Gray also underscored how AI and machine learning are creating efficiencies in fraud prevention by leveraging consolidated, high-quality data across payment lifecycles.

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The Ultimate Guide to Ecommerce Payment Solutions

Stax

The customer enters their payment details and the gateway securely transmits the data to the network. Theyre easy to integrate and set up, with the host taking care of data security measures, including PCI compliance and fraud protection. This protects sensitive payment data from interception by cybercriminals.

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Understanding Risk Management Strategies as a PayFac

Stax

According to Forrester’s data, digital payments are the most used payment method today, with 69% of American adults using them to make payments online. Identity theft, data breaches, and chargeback fraud are some of the most common types of risks. They also need to have strong data security protocols in place.

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How to Choose the Right Payment Processing Software

Stax

You may be better off with a platform-agnostic payment processing software like Stax Payments, which works with a number of leading solutions. Also, Stax integrates seamlessly with thousands of third-party apps, including all the popular CRM, marketing, and financial apps used by most businesses.

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Payment Security: Everything You Need to Know About Secure Payments

Stax

Taking precautions to implement security measures such as secure firewalls and cybersecurity training helps to protect cardholder data and other sensitive information. Learn More Payment Security Fundamentals Merchants hold a lot of sensitive data when processing transactions, and if not properly safeguarded, hackers could wreak havoc.

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Everything You Need To Know about Merchant Processing and How To Choose the Right Solution for Your Needs

Stax

In addition, they also ensure the privacy of business data and compliance with laws and regulations. Stax Stax is a payments processing service that caters to all types of businesses, large or small. Unlike other card processing companies, Stax doesn’t add any extra fees to the interchange.

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Law Practice Management Software Providers, Here are 8 Tips to Grow Your Business

Stax

We suggest implementing advanced technology systems like AI and machine learning to optimize your software. As such, they require solutions that streamline their workflows and ensure data security. This is where Stax Connect comes in. That’s why enhancing the user experience should always be a priority.