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That’s where Stax comes in. In addition, regulators or government entities may also impose additional fines or penalties. But here’s the good news: the right payments processor can help keep your cybersecurity ducks in a row. Stax is a Level 1 PCI Service Provider. So how can your business stay PCI compliant?
Key regulations governing EFT payments include the National Automated Clearing House Association (NACHA) rules, which establish guidelines for ACH transfers, and the Payment Card Industry Data Security Standard (PCI DSS), which sets security standards for handling card information. Are EFT Payments Safe? Q: What are peer-to-peer payments?
This surcharge covers costs associated with adopting and maintaining government-mandated sustainable practices. Governments impose regulations to protect the public’s interests and promote fair corporate practices. Whether online, in-office, or in-person, CardX by Stax’s turnkey solution implements surcharging effortlessly.
Implementing surcharging involves analyzing pricing strategy impact, communicating policies effectively to customers, and reviewing technical considerations, including cybersecurity measures. Automate routine tasks to focus on more critical tasks like implementing cybersecurity measures. Process automation. Collaboration with ASVs.
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