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Everything You Need to Know About Secure Payment Processing Systems

Stax

Data protection and security are crucial not just for safeguarding customer information, but for protecting business owners as well. Having and maintaining secure payment systems is integral for protecting yourself and your customers. Enter secure payment systems (SPS).

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Payment Security: Everything You Need to Know About Secure Payments

Stax

So, let’s dive into payment security, touching on the basics of what you need to know to ensure secure payments. TL;DR The PCI DSS determines security protocols and sets the standards for payment security. of the global population using this method of payment in 2022. What is SSL/TLS?

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FSM Software: 7 Growth Tips for Field Service Management Software Providers

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Field service management software is a system that helps a company monitor and coordinate their employees’ activities off the company’s premises. The software allows managers to view and modify work schedules, orders, inventory, invoices, customer account records, and other records in the database.

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Mobile Credit Card Processing Explained: What Business Owners Need to Know

Stax

TLDR Mobile credit card processing first hit the market 15 years ago and in that time it has risen to become one of the most popular methods for processing in-person payments, both with businesses and consumers. This not only improves cash flow but also enhances customer satisfaction by offering convenient payment options.

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Ultimate Guide to Surcharges: What is a Surcharge and How Does It Work

Stax

This surcharge covers the cost of processing credit card payments via platforms like Visa, Mastercard, and American Express. Businesses apply it to offset e-payment processing costs for transactions where customers pay with credit cards rather than cash. Review legal frameworks to protect consumers from unfair surcharging practices.

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Tap to Pay: What It Is and How It Works

Stax

Learn More History of Tap to Pay Although contactless payments weren’t widely adopted until the 2010s, the technology actually dates back to 1995. In Seoul, South Korea, the Seoul Bus Transport Association introduced the UPass, a contactless payment card that commuters could tap on as they entered the bus.

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The Pricing Paradigm: Decoding Pay-Per-Use Charges for Business Success

Subscription Flow

If the pricing plan is right, the flow of the recurring revenue remains maintained. Also, one needs to understand the stakeholders and factors while deciding the pricing plan for the SaaS subscription business. Decide your pricing structure accordingly. However, keep in consideration all risks.

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