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Understanding Risk Management Strategies as a PayFac

Stax

JANUARY 8, 2024

Reputational risks Risks associated with things like data breaches, poor customer service, company controversies, etc. Reserve accounts can be used when sub-merchants offer delayed delivery of products or services, for example, businesses offering annual membership, events, or travel-related businesses.

Merchant Services 88
Merchant Services Payfac Payment Services SaaS Payments 88
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How Much Do Credit Card Companies Charge Merchants?

Stax

JANUARY 10, 2024

As well as improving profit margins, these activities can also enhance the customer experience and give merchants a competitive advantage in the marketplace. The merchant service providers that a business is using to handle credit card payments play a key role in determining the size and structure of credit card fees. Account fees.

Merchant Services 88
Merchant Services Payment Services Payment Methods Payment Facilitation 88
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