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Understanding Risk Management Strategies as a PayFac

Stax

To establish an effective risk management program as a PayFac, you must establish a dedicated risk management team, utilize the right tools and technology, develop proper risk management policies and procedures, conduct regular risk audits, and stay up-to-date with the latest industry regulations.

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How to Implement Self Checkout for Small Business

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Poor implementation of self-checkouts can add friction to the customer experience, so it’s important to design a tailored checkout strategy and smooth implementation. That said, you should also consider that team members are still required to monitor self-checkout areas to provide assistance or discourage shoplifting.

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Vertical SaaS vs Horizontal SaaS: 8 Differences and Similarities

Stax

To achieve this, vertical SaaS products bring in experts from niche markets to develop industry-specific features, ensure compliance with industry standards or regulations, and integrate with key business platforms that are standard within that industry. The vertical software market has developed much more slowly than horizontal software.