compliance Stax Travel 
Stax
JANUARY 23, 2025
The merchant underwriting process helps reduce fraud (including chargeback volume), ensures compliance with regulations, and protects financial stability in the payment processing space. Key steps include application review, risk assessment, credit checks, and compliance verification. Learn More What is Merchant Account Underwriting?
Stax
MAY 20, 2024
Tickets purchased ahead of travel or events, as the revenue cannot be recognized until the actual offering has been redeemed i.e. a concert or a flight. Non-compliance with accounting standards such as IFRS or GAAP can result in significant financial penalties—not to mention a loss of trust with customers and stakeholders.
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Stax
JANUARY 28, 2025
Your testing should check for security compliance, technical performance, and mobile responsiveness. Security compliance: ensure that all financial information is securely transmitted using tokenization and strong encryption across the transaction, and that the provider is in full compliance with security standards like PCI DSS.
Stax
DECEMBER 6, 2024
Corporate, travel cards, and keyed-in transactions: 3.30% + $0.20 Stax and Worldpay: A Powerful Partnership Stax is one of the largest Independent Sales Organizations (ISOs) partnered with Worldpay. By leveraging Worldpays infrastructure, Stax ensures seamless and secure payment processing for small and medium-sized businesses.
Stax
JANUARY 8, 2024
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.
Stax
JULY 9, 2024
Additionally, automated record-keeping and electronic transaction histories simplify auditing and financial reporting, making it easier for businesses to maintain compliance with regulatory requirements. 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.
Stax
JANUARY 31, 2024
Retail transactions might have different rates compared to healthcare or travel-related transactions. Compliance and Regulation: Changes in regulations or compliance requirements can also influence interchange rates. Talk to Stax today to find out how much we can help you save on payment processing fees.
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