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10 types of payment fraud and how software companies can stay vigilant

Payrix

The most obvious is to protect cardholder data and minimize fraud but understanding payment fraud will help you prevent and detect these threats, helping you to maintain customer trust, financial growth, legal compliance , brand reputation, operational efficiency, and a competitive edge.

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Increase Revenue by as Much as 93%: Introducing Stax Connect Plus

Stax

Payments adoption refers to the process of integrating and utilizing various forms of electronic payments within a business framework. It encompasses the implementation of digital payment methods, such as credit cards, online transactions, and mobile payments, to enhance the customer experience and streamline financial operations.

Stax 88
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Digital Payments: 12 Digital Payment Options to Consider Accepting in Your Business

Stax

Digital payments feature a multitude of benefits including: Digital payments streamline transactions by eliminating the need for physical handling of cash or checks. Transactions can be initiated and completed in seconds, reducing the time spent on payment processing.

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The 7 Best Mobile POS Systems for Small Businesses in 2024

Stax

Learn More Key Features to Look for in an mPOS System When selecting a mobile point of sale system, certain key features are essential to ensure that the system meets a business’s specific needs and enhances operational efficiency. Q: What does a mobile POS do? of the sale + 10¢ per transaction.

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The Benefits of NMI Gateway Integration for Subscriptions

Subscription Flow

Not only this, but NMI also supplies a Virtual Terminal for making convenient phone and mail orders that makes it an especially gifted payment gateway for business, catering to older customers who are not tech-savvy enough to place orders on your store’s website. This includes modern methods like EMV and QR code-based contactless payments.

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What is a Payment Gateway and How Does It Work?

Stax

Payment gateways are increasingly important as eCommerce and online transactions continue to rely on credit card payments and other mobile payment solutions to simplify payments. You can think of payment gateways as a middleman between your store and your customer’s credit card.

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What Is a Cash Discount Program and How Do You Implement It?

Stax

Incentive for cash transactions – Cash discounts motivate customers to opt for cash payments, fostering efficient transactions without incurring additional processing costs. Clearly communicate the benefits of paying with cash and any changes to pricing or payment options.