Remove Multi-Currency Remove PCI DSS Remove Small Business
article thumbnail

Understanding the Nature of Payment Gateway Integration For Your Mobile App

Stax

Regional and currency limitations If your app serves an international user base, regional limitations can create friction. Currency conversion fees or poor exchange rates impacting both users and your margins. Currency conversion fees or poor exchange rates impacting both users and your margins. Alipay, iDEAL, M-Pesa).

article thumbnail

The Ultimate Guide to Ecommerce Payment Solutions

Stax

Businesses using self-hosted gateways must handle data security measures and comply with industry standards like PCI DSS. On top of being a new pillar of revenue for your business, the PayFac model also gives you more control. If you accept international payments, select supported currencies.

article thumbnail

The Ultimate Guide to Online Payment Processing

Stax

Encryption and transfer of payment information The payment gateway that underpins your checkout page will now encrypt the customers payment details as stipulated by industry data security regulations like PCI DSS (Payment Card Industry Data Security Standard) before transferring the data to your payment processor.

article thumbnail

Understanding Payment Processing Compliance When Implementing Credit Card Surcharging

Stax

PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Surcharging restrictions for multi-location businesses can get confusing. ​​In Enter the PCI DSS compliance. Utilizing global payment networks (Visa, Mastercard, etc.)

article thumbnail

The Different Ways a Business Can Accept Credit Cards

Clearly Payments

How It Works Businesses manually enter the customer’s card details into a secure online portal provided by their payment processor. Key Statistics Virtual terminals are used by over 30% of small businesses offering remote services. How It Works A business generates a payment link or QR code and shares it with the customer.

article thumbnail

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

Stax

Fraud prevention measures, such as tokenization and multi-factor authentication, add layers of security to verify transactions and protect against unauthorized use of payment credentials. Facebook, Instagram, and Pinterest business accounts all offer an in-built social shopping solution, including in-app purchases.

article thumbnail

What is a Payment Service Provider (PSP) and How Do They Work?

Stax

TL;DR PSPs help businesses accept credit cards, digital wallets, ACH transfers, recurring payments, and other types of mobile payments, while also providing POS systems and the integrated software required for managing business financial operations.