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How Adopting Mobile Payments Can Help Your Business Grow in 2024

Stax

Let’s time travel back, just 20 years ago, to the shopping mall. Fast forward to now where much has changed, and research anticipates contactless mobile payments to exceed one billion users globally by 2024. So how can you adopt mobile payments for your business, and how can you benefit from these payment services?

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Beyond PCI Compliance: Why Data Security is Key to Growth and Success [Webinar Recap]

Stax

Having a secure platform for managing customer and payment data is paramount to building and maintaining trust, and you can’t do that with poor systems and practices. In our latest webinar, Garrek Harris, Director of Platform Management at Stax, discussed the ins and outs of data security for merchants and ISVs.

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Understanding Risk Management Strategies as a PayFac

Stax

For SaaS companies, becoming a payment facilitator (or PayFac) offers a ton of advantages—including but not limited to—boosting retention and profitability while exercising greater control over the customer experience. The potential impact of failed or inadequate internal systems, processes, procedures, etc. Let’s get started.

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How Much Do Credit Card Companies Charge Merchants?

Stax

Credit card fees, including interchange, assessment, and payment processor fees, impact businesses on a per-transaction or recurring basis. the merchant’s business type, and the terms of the merchant’s agreement with their payment processor. Usually, interchange fees will range between 0.3-2%