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Digital Payments: 12 Digital Payment Options to Consider Accepting in Your Business

Stax

Encryption techniques ensure that payment data is transmitted securely between parties, making it difficult for unauthorized individuals to intercept or access sensitive information. mPOS systems work through smartphones, tablets, and other wireless devices to accept payments from anywhere. What makes mobile POS systems unique?

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Vantiv Worldpay Merchant Services by FIS

Stax

The companys solutions span traditional and wireless POS terminal services, mobile payments , digital wallets, internet payment gateways , virtual terminals, and eCommerce payment solutions. Stax and Worldpay: A Powerful Partnership Stax is one of the largest Independent Sales Organizations (ISOs) partnered with Worldpay.

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How to Select the Best Payment Terminal for Your Business

Stax

Wireless payment terminals: These are quite similar to mobile terminals, with the exception that these terminals can operate without needing an additional mobile device for connectivity. Security and compliance: Make sure they meet the latest security standards and regulations to protect you and your customers’ sensitive data.

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A Guide to Payment Tokenization

Stax

To keep the system of securing financial information and cardholder information safe, a multi-pronged approach to payment processing data security is imperative. Payment tokenization helps safeguard cardholder data, so your users can collect and process payments securely. Its usually done to prevent credit card fraud from occurring.

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Understanding the Payment Terminal: Integrated vs. Semi-Integrated vs. Non-Integrated Payment Terminals

Stax

Access to Data and Reports Access to real-time transactional data and rich reports from one platform. Access to real-time reporting by sending data to the terminal. Only access the most recent batch and settlement data from that day. Can only start transactions using the payment terminal. No real-time reporting.

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Tap to Pay: What It Is and How It Works

Stax

This short-range wireless communication technology allows data exchange between devices close to each other, typically within a few centimeters. Data transmission: The NFC antennas in both devices communicate with each other. This dynamic data makes it difficult for attackers to reuse intercepted information for fraud.

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EMV Chip Cards: What You Need to Know About PIN or Signature Cards and How They Work

Stax

NFC On the other hand, NFC is a short-range wireless communication technology that enables devices, such as smartphones or contactless cards, to communicate with each other when brought into close proximity (usually within a few centimeters). This helps mitigate the risk of data breaches and unauthorized access to cardholder information.