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Stax Celebrates 10 Years: Looking Back at a Decade of Growth and Payment Innovations

Stax

To the incredible Stax community: allow us to take a moment to recognize a milestone that we are extraordinarily proud of—our 10th anniversary. Sprinkled throughout this article are quotes from some of Stax’s long-standing employees, because who better to tell the company’s story than the people who help make it happen?

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Everything You Need to Know About PCI Compliance for Credit Card Processing

Stax

That’s where Stax comes in. Stax is a Level 1 PCI Service Provider. Level 1 is the highest level of PCI compliance, and protecting sensitive data is a top priority at Stax. Going Beyond PCI Compliance Enabling you to become PCI compliant is just one of the ways that Stax helps you be more secure.

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Vantiv Worldpay Merchant Services by FIS

Stax

One of the most notable events in Worldpays history was its 2018 merger with Vantiv, a leading U.S.-based Stax and Worldpay: A Powerful Partnership Stax is one of the largest Independent Sales Organizations (ISOs) partnered with Worldpay. based payment processing company.

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The 12 PCI DSS Requirements to Ensure PCI Compliance

Stax

This was a huge leap from 2018 when only 29% used cashless payments for the same. Stax is 100% PCI compliant, which makes it the perfect solution for all your payment processing needs. Consumers are increasingly opting for debit and credit cards or other digital payment methods—for in-store and eCommerce purchases alike.

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Is Quickbooks Desktop Being Phased Out?

Stax

However, it’s worth noting that Intuit has been steadily discontinuing versions of Desktop as far back as 2018 (QuickBooks Desktop 2020 was discontinued on May 31st, 2023). Request a Quote Quick FAQs about QuickBooks Desktop Ending Q: What is happening to QuickBooks Desktop 2018?

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ISV vs PayFac: The Similarities and Differences Between Independent Software Vendors and Payment Facilitators

Stax

According to the Pew Research Institute , in 2022, a whopping 41% of Americans said they don’t use cash at all for any of their weekly purchases—a significant jump from 29% in 2018. FIS Global reports that in Norway, Sweden, and other Scandinavian countries, more than 90% of transactions processed at point-of-sale (POS) in 2023 were cashless.

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Know Your Customer (KYC): What It Is and How to Comply

Stax

Between 2008 to 2018, $26 billion was handed out in fines, with 91% coming from the U.S. Wrapping up If you’re searching for a powerful payment service provider that puts compliance front and center, look no further than Stax Connect. Companies have had to pay serious fines over the years: Commerzbank London had to pay £37.8