Remove compliance Remove Payment Features Remove Software Development Remove Stax
article thumbnail

The Benefits of SaaS and Implementing SaaS Payments

Stax

However, small businesses must carefully choose the right payment gateway, research the solution’s integration capabilities, and ensure it supports automating billing and invoicing including recurring payments. What’s more, users don’t need to bear the cost of maintaining or updating the software.

article thumbnail

ISVs vs SaaS: What’s the Difference?

Stax

TL;DR ISVs develop and distribute software products independently and often collaborate with hardware manufacturers and platform providers. SaaS companies deliver software applications over the internet on a subscription basis, simplifying access and management for users. Consider Stax’s partner program.

article thumbnail

ISV vs PayFac: The Similarities and Differences Between Independent Software Vendors and Payment Facilitators

Stax

There are two main ways that an ISV can become a payment provider—by adopting the ISO model or the PayFac model. In the ISO model, an ISV partners with a third party that handles merchant account setup, payment processing, risk, and compliance.