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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.
SaaS companies deliver software applications over the internet on a subscription basis, simplifying access and management for users. While they operate under different business models, ISVs and SaaS share similarities in softwaredevelopment, cross-platform accessibility, and industry reach. Consider Stax’s partner program.
What’s more, users don’t need to bear the cost of maintaining or updating the software. It’s hosted on the cloud and software providers are responsible for softwaredevelopment, maintenance, and releasing updates. Generally, pay-as-you-go pricing options are available so you pay only when you use the software.
In the ISO model, an ISV partners with a third party that handles merchant account setup, payment processing, risk, and compliance. In the ISO model, an ISV partners with a third party that handles merchant account setup, payment processing, risk, and compliance.
Some challenges and considerations of embedded finance and fintech involve regulatory and compliance issues, data privacy and security, and stiff competition. Besides, these licenses aren’t easy to obtain since they have strict compliance requirements. It integrates fintech solutions to enable billing capabilities.
Stax CTO, Mark Sundt , recently sat down with John Gaffney from PYMNTS for an eye-opening conversation about the exciting future of AI and how it’s poised to revolutionize the business world. During the interview, Mark talks about real-world examples of how AI has been successfully applied at Stax.
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