Remove Accept Credit Card Payments Remove Merchant Services Remove Underperforming Technical Team
article thumbnail

Merchant Underwriting: What It Is, How It Works, and Why It’s Important

Stax

The merchant underwriting process is a critical step that payment processors and financial institutions use to assess the risk associated with onboarding new businesses. Key steps include application review, risk assessment, credit checks, and compliance verification.

article thumbnail

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

Stax

In the new, digital era of payment management and shopping, protecting customer data is a top priority. TL;DR PCI compliance is essential because it helps prevent data breaches, ultimately cultivating customer trust. Each requirement plays a critical role in building a secure environment for payment processing.

article thumbnail

How to Acquire a $400B World-Class Company by WePay (Video + Transcript)

SaaStr

WePay is a payments company for platform businesses like marketplaces, crowdfunding sites & small business software. They process billions annually for platforms like Constant Contact, GoFundMe, Ecwid, Infusionsoft, Meetup, Freshbooks & Zoho. We grew our team by 50% this year, continuing to grow.