Remove Non-Bank Remove PCI DSS Remove Point-of-Sale (POS)
article thumbnail

Analysed: The future of point of sales (POS) systems

The Payments Association

Analysed: The future of point of sales (POS) systems 10 July 2025 by Payments Intelligence What is this article about? How modern point-of-sale (POS) systems are evolving into cloud-native, AI-driven platforms central to retail operations. Why is it important? Read More »

article thumbnail

Looking for the Best Payment Gateway? Here’s How to Choose the Right One

Stax

Ensure the gateway offers PCI DSS compliance, encryption, tokenization, and fraud prevention tools to safeguard transactions. Its a digital evolution of the conventional point-of-sale (POS) terminal. A physical POS terminal requires customers to insert, swipe, or tap their cards on the machine.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

All You Need to Know About Internet Credit Card Payment Processing

Stax

The payment processor is a financial institution that handles transactions between the two banks. To choose the right solution, you need to look at various factors when evaluating potential providers, including supported payment types, transaction fees and pricing structures, payout speed, and PCI DSS compliance.

article thumbnail

Credit Card Processing for Small Business: Everything You Need to Know

Stax

A study by the Federal Reserve Bank of San Francisco showed that credit cards account for 31% of all payments, significantly more than cash at 18%, and debit cards at 29%. The customer can make the credit payment physically by swipe, dip, or tap, depending on your point-of-sale (POS) system , which will capture the credit card details.

article thumbnail

The Price of Convenience: Is There Such a Thing as Free Credit Card Processing?

Stax

Credit card networks and issuing banks don’t waive their cut; instead, these costs are shifted from the merchant to the customer. It’s important to distinguish this from deceptive offers that promise free processing but hide costs in monthly fees, equipment leases, or inflated rates on non-credit card transactions.

article thumbnail

Everything You Need to Know About PCI Compliance for Credit Card Processing

Stax

TL;DR PCI compliance is essential because it helps prevent data breaches, ultimately cultivating customer trust. There are 12 requirements under PCI DSS, divided into six major categories. What is PCI Compliance? PCI DSS stands for “Payment Card Industry Data Security Standards.”

article thumbnail

What is a Payment Management System?

Stax

Your PMS is a central hub to manage payment requests and store banking information (like your routing and bank account number for ACH payments ). Robust security measures: Any PMS worth its salt needs to have standard security features like encryption, fraud detection and compliance with industry standards, including the PCI DSS.