Remove compliance Remove Mobile Payments Remove Operational efficiency.
article thumbnail

10 types of payment fraud and how software companies can stay vigilant

Payrix

The most obvious is to protect cardholder data and minimize fraud but understanding payment fraud will help you prevent and detect these threats, helping you to maintain customer trust, financial growth, legal compliance , brand reputation, operational efficiency, and a competitive edge.

Payments 100
article thumbnail

What is a Payment Gateway and How Does It Work?

Stax

Payment gateways are increasingly important as eCommerce and online transactions continue to rely on credit card payments and other mobile payment solutions to simplify payments. You can think of payment gateways as a middleman between your store and your customer’s credit card.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The 7 Best Mobile POS Systems for Small Businesses in 2024

Stax

Learn More Key Features to Look for in an mPOS System When selecting a mobile point of sale system, certain key features are essential to ensure that the system meets a business’s specific needs and enhances operational efficiency. Q: What does a mobile POS do? Features like customer data collection (e.g.,

article thumbnail

What Is a Cash Discount Program and How Do You Implement It?

Stax

cost of processing, merchant service fees, and additional fees like chargeback fees, compliance fees, equipment fees, monthly fees, etc.) Reliance on credit card payments can also make businesses vulnerable to technical issues or outages, potentially disrupting their operations and affecting customer satisfaction.

article thumbnail

Top Fintech trends to watch in 2025 and beyond

Panintelligence

To succeed in this evolving regulatory landscape, Fintech companies need to prioritize compliance and maintain a high level of transparency in their operations. Regulatory bodies are also stressing the importance of cybersecurity with strict guidelines and compliance requirements. billion by 2033.

article thumbnail

FSM Software: 7 Growth Tips for Field Service Management Software Providers

Stax

It’s a smart solution that helps software providers integrated payments, enabling sub-merchants to take payments easily. On top of providing all the tools users need to accept payments, we also ensure security and compliance in all payment transactions. FSM stands for Field Service Management.