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

Stax

Security and compliance Safeguarding sensitive financial data according to industry regulatory standards is a non-negotiable requirement, and you should only opt for a provider that is PCI DSS compliant. The provider must follow all industry security best practices including top-level encryption protocols and access controls.

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

Stax

A payment processor is a company that handles the behind-the-scenes aspects of the credit card transaction process on your behalf. How to Process Credit Cards as a Small Business Below is a step-by-step breakdown of the elements of an effective payment processing system. As a small business owner, you also have a part to play.

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