Stax

JANUARY 28, 2025

The original sensitive data is still secured and hidden in an external data bank. Payment verification by the issuing bank means the customers bank will check whether the customer has sufficient funds to complete the transaction. Your testing should check for security compliance, technical performance, and mobile responsiveness.

Payment Methods 68

Payment Methods Payment Services Merchant Services SaaS Payments 68

Stax

JANUARY 29, 2024

In this article, we’ll explore the significance of billing platforms in contemporary business, delve into the features that set Stax Bill apart, and guide you through the process of selecting the right billing solution for your unique needs. said Suneera Madhani, founder and CEO of Stax. “The

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Stax

MARCH 18, 2025

Encryption SaaS Payment Tokenization Requirements Benefits of Payment Tokenization SaaS Payment Vulnerabilities Using Stax Connect and Payment Tokenization Lets get started. Tokenization streamlines PCI DSS compliance, can improve customer retention, and provides an extra layer of security for payment collection.

Payment Services 88

Payment Services Payment Methods SaaS Payments Merchant Services 88

Stax

JULY 16, 2024

This is why PCI DSS compliance is critical. Compliance with PCI Data Security Standard regulations prevents shortcomings and vulnerabilities in payment processing, thereby reducing the risk of fraud, identity theft, and cyberattacks. Stax is 100% PCI compliant, which makes it the perfect solution for all your payment processing needs.

Payment Services 88

Payment Services Merchant Services Payment Methods compliance 88

Stax

APRIL 30, 2024

TL;DR Merchant processing ensures that all entities, such as the issuing bank, the acquiring bank, and the card company, work cohesively to facilitate payments between a customer and a business. This account temporarily holds the transaction funds until the bank verifies the payment.

Merchant Services 88

Merchant Services Payment Services Payment Solutions Payment Methods 88

Stax

JANUARY 15, 2024

Learn how to achieve payment processing compliance when surcharging to improve your company’s financial stability and reputation. PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Interchange fee management.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

DECEMBER 4, 2023

The US, therefore, requires financial institutions as well as financial services firms to have anti-money laundering (or AML) compliance programs in place. In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). Non-compliance can have major implications.

Merchant Services 88

Merchant Services Payment Services Payfac Technical Review 88

Stax

SEPTEMBER 17, 2024

TL;DR A payment gateway is a solution that securely reads and transfers a customer’s payment information to a merchant’s bank account—both for online and in-person transactions. Benefits of using a payment gateway include a simplified purchasing experience for customers, increased operational efficiency, and PCI compliance.

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88

Stax

DECEMBER 6, 2024

The move was aimed at allowing both companies to focus on their core competencies: FIS on banking and capital markets technology, and Worldpay on merchant services and payment processing, transforming the way the world pays. This decision was finalized in 2024, marking the official separation of Worldpay from FIS.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

JANUARY 17, 2024

Automated Clearing House (ACH) payments are a type of electronic bank-to-bank payment system in the US. An ACH payment facilitator, therefore, is simply a PayFac that allows users to accept payments through an electronic bank-to-bank network. In Q3 of 2023, the total volume of payouts on ACH networks reached 7.8

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

APRIL 11, 2024

Look for a PMS that can serve as an all-in-one platform for payment processing, integrates with other technologies, offers appropriate POS equipment, and prioritizes security compliance. Your PMS is a central hub to manage payment requests and store banking information (like your routing and bank account number for ACH payments ).

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Payment Services Payment Solutions Merchant Services Payment Methods 88

Stax

SEPTEMBER 12, 2024

Security and compliance: Make sure they meet the latest security standards and regulations to protect you and your customers’ sensitive data. As you’re handling cardholder data, your provider will need to ensure PCI compliance to minimize the risk of fraud and data breaches. Stax has options, no matter what you need.

Payment Services 88

Payment Services Payment Methods Merchant Services Payment Solutions 88

Stax

NOVEMBER 11, 2024

Setting up ACH payments is easy with a great merchant account service like Stax. Once the client sets up a payment profile with their banking information, the payment can be automated and paperless. The Federal Trade Commission offers straightforward advice: “don’t give out your bank account number.”

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Payment Services Payment Methods Merchant Services Payments 88

Stax

JANUARY 22, 2024

The acquiring bank (or issuing bank or acquirer) is the financial institution that enables merchants to accept payments, transferring funds from customers to the merchant’s account. The payment gateway acts as a virtual bridge, securely transmitting payment information between the merchant, customer, and acquiring bank.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

JULY 9, 2024

EFT payments are transactions between the sender and receiver that transfer funds electronically from the sender’s bank account to the receiver’s. Regulatory and Compliance Issues with EFT Payments Regulatory and compliance issues surrounding EFT payments are critical for ensuring the security and integrity of electronic transactions.

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Payment Methods Payment Services Merchant Services Payment Solutions 88

Stax

AUGUST 22, 2024

PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. Major risk factors for PayFacs include fraudulent transactions, merchant credit risk, regulatory compliance, and operational risks. Let’s dive deeper into risk management practices for PayFacs.

Merchant Services 88

Merchant Services Payment Services Payfac SaaS Payments 88

Stax

DECEMBER 20, 2023

Stax, for example, charges 0% markups on top of interchange, giving you the lowest percentage per transaction rate. For example, Stax charges a flat monthly membership in exchange for a 0% markup rate, a transaction cost of just a few cents, and no ancillary fees.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Features 88

Stax

MARCH 19, 2024

These includes: Cash Credit and debit cards SMS payments Digital wallets Bank transfers ACH Cryptocurrency And all other forms of online payments The role of integrated payments in vertical SaaS Below are some of the top reasons to consider adding integrated payments to your SaaS platform.

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Payments Payment Services Payment Methods SaaS Payments 88

Stax

NOVEMBER 15, 2023

Understanding interchange fees enables merchants to effectively manage processing costs, negotiate better rates, make informed decisions about card acceptance, and ensure compliance with payment industry standards. Learn More What are credit card interchange fees? Interchange fees First off, you’ve got interchange fees.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

FEBRUARY 26, 2024

For subscription businesses, the customer’s account should also include options for subscription management where they can adjust the frequency of deliveries, pause or cancel the subscription, update card information or bank account information, and more. Ensuring security and compliance Security is paramount in recurring payments.

Payment Services 88

Payment Services Payment Features Merchant Services Payment Methods 88

Stax

DECEMBER 20, 2023

CardX by Stax is a trusted leader in helping your business seamlessly and easily implement credit card surcharging, ensuring you stay compliant and save on transaction fees. CardX by Stax helps businesses optimize costs and ensure compliance with surcharge laws. Get in touch! What is a debit card?

Merchant Services 88

Merchant Services Payment Services Stax Payment Methods 88

Stax

NOVEMBER 6, 2023

Moreover, companies need to follow data privacy and compliance requirements to stay in business. Besides the enhanced data security, other benefits include reduced risk of breaches, easier regulatory compliance, and compatibility with legacy systems. To find out whether Stax Connect may be the right partner for you, contact us today.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

APRIL 18, 2024

For a merchant to accept credit cards, they need to pay both credit card processing fees to the banks involved and for the soft and hardware required to process cards. Acquiring Bank (Merchant Bank): The financial institution that establishes and maintains the merchant’s account, enabling them to accept credit card payments.

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Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

AUGUST 29, 2024

A PSP (Payment Service Provider) can equip your eCommerce and brick-and-mortar business with an all-in-one platform that supports multiple payment systems, including debit & credit cards, eWallets, and bank transfers (ACH). The question is: how do payment service providers work and how can you choose the right one for your business?

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Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

DECEMBER 27, 2023

A merchant account acts as a pathway between your business, your customers, and the issuer and acquiring banks to process electronic transactions like credit cards. A merchant account refers to a business bank account that allows businesses to accept electronic payments for goods and services. Request Quote What Is a Merchant Account?

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Merchant Services Payment Methods Payment Services Payment Solutions 88

Stax

JANUARY 31, 2024

Visa interchange rates are the fees charged by Visa to process transactions between issuing banks and merchants. They cover the costs of managing the network, ensuring security, and facilitating the transfer of funds between banks. Talk to Stax today to find out how much we can help you save on payment processing fees.

Payment Services 88

Payment Services Merchant Services Payment Methods Accept Credit Card Payments 88

Stax

SEPTEMBER 26, 2024

Merchants pay interchange fees to compensate the cardholder’s bank (issuer) for the risk of managing credit card accounts. Non-compliance with these regulations can lead to enforcement actions from federal regulatory agencies. Track these changes and maintain thorough and up-to-date documentation of your compliance to avoid penalties.

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 88

Stax

MARCH 15, 2024

Compliance with these standards ensures that merchants and payment processors implement robust security measures to safeguard financial data. Compliance with PCI DSS is mandatory for businesses that handle credit card transactions.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

AUGUST 20, 2024

Some challenges and considerations of embedded finance and fintech involve regulatory and compliance issues, data privacy and security, and stiff competition. Request Quote Understanding Embedded Finance Embedded finance is the seamless integration of financial services and digital banking into conventionally non-financial business services.

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Payments Payment Methods Merchant Services Finance 88

Stax

MAY 30, 2024

Matching bank and Square feeds to expenses and payments is super easy, making my work a lot quicker.” – Stephanie P., G2Crowd ( Read the rest of this review here ) FreeAgent FreeAgent helps you make invoices for customers as well as manage your expenses and bank accounts. It shines in the tax compliance department.

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Payment Solutions Payment Methods Payment Services Technical Advisors 88

Stax

JANUARY 10, 2024

Businesses need to make sure they understand the credit card processing fees they’re responsible for paying and how this adds to the cost and compliance of accepting these cards regularly. By facilitating credit card transactions, merchant service providers act as intermediaries between credit card companies and the issuing banks.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Facilitation 88

Stax

MAY 7, 2024

Credit card merchant fees are split between multiple key players- merchants, credit card networks, banks, and processors. Interchange fees are set by credit card issuers, such as Bank of America, Citi, or Chase, and are adjusted every year in April and October. Stax is one card payment processor that uses this pricing model.

Merchant Services 88

Merchant Services Payment Services Payment Methods Accept Credit Card Payments 88

Stax

FEBRUARY 15, 2024

In the ISO model, an ISV partners with a third party that handles merchant account setup, payment processing, risk, and compliance. It involves a complex ecosystem of financial institutions, including acquiring banks, payment processors, and card networks, alongside technology providers and regulatory bodies.

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Payment Services Merchant Services SaaS Payments Payment Methods 88

SaaSOptics

MARCH 10, 2022

Is your company taking advantage of CFO tools like automated invoicing, database management, and automatic tax-compliance updates? Quickbooks links to your business’s bank accounts and automatically categorizes transactions, meaning just one glance provides all the cash flow information you need. Sales Tax and Compliance Tools.

Payment Services 87

Payment Services SaaS Payments Payments Payment Solutions 87

Stax

FEBRUARY 28, 2024

In this guide, we’re going to cover what companies need to consider when choosing a SaaS billing platform—and how Stax Connect makes this process simple. For best practices, integrate it with your other systems, offer flexible plans for optimized cash flow, and ensure data security compliance to industry standards. Real-time insights.

Payments 88

Payments SaaS Payments Payment Services Merchant Services 88

FastSpring

DECEMBER 7, 2022

However, you’ll still be responsible for paying taxes, processing chargebacks, and for things like legal compliance, dunning, and more. They’ll receive a receipt from FastSpring, and FastSpring will be listed on their bank or credit card statement. All revenue is yours, but FastSpring is the liable party for the sale. And more…. …

Payment Methods 148

Payment Methods Merchant Services Payment Services Payments 148

Stax

JANUARY 8, 2024

Not only must PayFacs safeguard themselves and their clients against potential threats like fraud or cybersecurity breaches but also ensure PCI compliance , customer due diligence, and adherence to card regulations. They must also ensure that sub-merchants are compliant with the regulations set by card companies, e.g. PCI compliance.

Merchant Services 88

Merchant Services Payfac Payment Services SaaS Payments 88