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Taking precautions to implement security measures such as secure firewalls and cybersecurity training helps to protect cardholder data and other sensitive information. It’s also critical to ensure card information is protected from data breaches with secure encryption and cybersecurity standards in place.
Investment in advanced cybersecurity solutions and regular assessments of these solutions are also highly recommended. Thankfully, partnering with Stax can relieve you from these headaches as we handle risk management on your behalf. They decided to switch to Stax Connect’s white-labeled API to power Shelterpay. Not just that.
Contactless payments Related to traditional card payments are contactless or Near-Field Communication (NFC) payments , which take the form of NFC-enabled payment cards or mobile wallets. At Stax, not only do we provide the tools you’ll need, but we’re also committed to providing useful information to help you stay informed.
Implementing surcharging involves analyzing pricing strategy impact, communicating policies effectively to customers, and reviewing technical considerations, including cybersecurity measures. Businesses must ensure clear communication with customers regarding any surcharges. Process automation. Collaboration with ASVs.
Healthcare providers, for instance, may factor in compliance costs spent on cybersecurity measures, staff training, regular audits, and legal consultations to ensure adherence to health information privacy regulations. Put efforts into disclosing surcharge fees and communicating them to consumers. Regulatory Compliance.
Introducing: Stax Connect Plus, the program designed to provide partners with unparalleled access to a dedicated team of payment experts, offering a comprehensive range of resources and support to enhance their success. What is Payments Adoption and how does it relate to your SaaS business?
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