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Stax Celebrates 10 Years: Looking Back at a Decade of Growth and Payment Innovations

Stax

To the incredible Stax community: allow us to take a moment to recognize a milestone that we are extraordinarily proud of—our 10th anniversary. Sprinkled throughout this article are quotes from some of Stax’s long-standing employees, because who better to tell the company’s story than the people who help make it happen?

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Understanding Risk Management Strategies as a PayFac

Stax

In this article, we’ll discuss what SaaS companies looking to become payment facilitators need to know about risk management strategies. PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks.

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5 ISV Partner Program Considerations SaaS Companies Should Keep in Mind

Stax

These programs enable SaaS or cloud solutions companies to expand their reach, enhance their offerings, and accelerate their market penetration or go-to-market strategy. Security and compliance Your ISV partner program should prioritize stringent data protection measures to safeguard sensitive information.

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Understanding Risk Management Strategies as a PayFac

Stax

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.

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Understanding Payment Processing Compliance When Implementing Credit Card Surcharging

Stax

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. Consumers pay more for the convenience. Interchange fee management.

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What You Should Know About Visa Surcharge Rules in 2024: A Guide for Merchants

Stax

Non-compliance can lead to hefty penalties and even suspension of their merchant accounts. Merchants should be aware of Visa’s surcharging rules as non-compliance can lead to fines ranging from $50,000 to $1 million. All this can be challenging, so it’s best to partner with a surcharging expert like CardX by Stax.

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Credit Card Surcharges: What Are They, and How Do They Work?

Stax

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. CardX simplifies this process by integrating compliance features into your POS systems. Request a free demo today.