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In Seoul, South Korea, the Seoul Bus Transport Association introduced the UPass, a contactless payment card that commuters could tap on as they entered the bus. Beyond retailers and accepting payments, NFC is used for public transport, access control systems, smart advertising, data exchange between devices, and interactive gaming.
In some cases, the payment processor may be using Transport Layer Security (TLS). Related Content: PCI DSS Compliance: How Stax Protects Your Payments Final Words At Stax, we’re committed to securing sensitive cardholder data. With Stax, you can rest easy knowing your data is protected and secure.
SSL/TLS is the acronym for Secure Sockets Layer and Transport Layer Security. Stax delivers an all-in-one payments platform that is secure, stable and customizable—and did we mention affordable? At Stax, we help businesses keep up with all things payment security. What is SSL/TLS?
Tour Guides and Travel Services Mobile credit card processing is indispensable for tour guides, transportation providers, and excursion operators. Stax, for instance, offers fully transparent pricing and a wide range of capabilities able to accommodate your business’s needs now and as it grows.
Common in transportation and logistics, fuel surcharges adjust for fluctuations in fuel prices. Companies, particularly those in the healthcare, transportation, and food industries, levy surcharges to meet these compliance standards. Fuel surcharge. Regulatory surcharge. Minimum usage surcharge.
This is where Stax comes in. With Stax, you can use any payment type and integrate essential tools to grow your business. Transportation: Ride-sharing services like Uber and Lyft. As AI becomes more advanced, we can expect to see much more targeted approaches to dynamic pricing become the norm. How does dynamic pricing work?
Transportation, shipping, and delivery companies – Companies that deliver their goods to their customers or move inventories from one store to another need FSM to track the movement of their personnel, streamline communication, optimize travel routes, and minimize long-term costs. Stax Connect ticks all of these boxes.
International transfers are known to be fairly costlier and slower than domestic ones since they involve a network of banks working together to pass the transfer along, similar to connecting multiple modes of transport to get to your destination. Each bank involved may charge a service or handling fee which can increase the charges.
They include businesses in the transportation, hospitality, healthcare, retail, eCommerce, and automotive industries. Businesses in some industries are better suited for MCAs than others. These are industries with extensive use of debit and credit card transactions. Can I pay off my MCA early, and are there benefits to doing so?
For example, Stax Pay, a leading payment service provider, offers analytics tools that let you track metrics like feature adoption rates, Click to Pay transaction volumes, customer card network preferences, and much more. You should also monitor transaction data to evaluate the success of your investment in a new payment system.
That’s where Stax comes in. To mitigate this risk, all transmission of cardholder data must be encrypted using strong cryptographic protocols such as TLS (Transport Layer Security) or IPsec (Internet Protocol Security). Stax is a Level 1 PCI Service Provider. So how can your business stay PCI compliant?
Check whether the payment gateway encrypts the payment data via Transport Layer Security (TLS) and Secure Sockets Layer (SSL) during transmission to avoid interception by hackers. The Stax platform offers 0% markup payment processing services and saves SMBs up to 40% on credit card processing fees.
Stax, Payment Depot, and CardX are three of the very best providers in the industry. Payment terminals are usually provided by your payment service provider, though there are some providers like Stax that let you use your existing hardware. Stax takes a unique approach.
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