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Solutions providers like Stax integrate with a range of solutions to enable merchants to go mobile. Plus, all Stax solutions accept mobile payments, such as Apple Pay, Google Pay, Samsung Pay, etc. For new or upgraded solutions accepting mobile wallets, Stax has a suite of contactless solutions that have you covered.
The PCI SSC is a group consisting of the five biggest payment card brands—American Express, JCB International, Discover Financial Services, Visa, and Mastercard. While it isn’t mandatory by law to comply with PCI security controls, most credit card brands require PCI DSS compliance and non-compliance can lead to hefty fines.
In embedded banking, non-financial businesses offer their customers a wide range of banking services, such as branded checking accounts for holding funds and making payments. Not doing so can lead to legal issues and could taint your brand reputation. This is because most embedded finance solutions are provided by traditional banks.
Underwriting and merchant accounts – ISVs don’t handle underwriting or merchant accounts and focus only on softwaredevelopment. However, as an ISV looking to facilitate payments for its users, you can drastically reduce your costs as well as your time-to-market by partnering with a PayFac like Stax Connect.
The right pricing strategy will effectively convey the value of your brand, meet the expectations of customers, and maximize your revenue potential. Rolls Royce is a good example of a company that uses its market positioning as a luxury brand to apply value-based pricing. The reason is because of the difference in perceived value.
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