Remove Management Remove Marketplace as a Service Remove Payment Features Remove Stax
article thumbnail

What Is an ACH Payment Facilitator?

Stax

Automated Clearing House (ACH) payments are a type of electronic bank-to-bank payment system in the US. Unlike payments facilitated by card networks like Visa or Mastercard, ACH payments are managed by a body called the National Automated Clearing House Association (NACHA).

article thumbnail

ISVs vs SaaS: What’s the Difference?

Stax

Independent Software Vendors (ISVs) and Software-as-a-Service Providers (SaaS) operate within the same market, thus creating a push-and-pull revenue dynamic. SaaS companies deliver software applications over the internet on a subscription basis, simplifying access and management for users. What are SaaS companies?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Vertical SaaS vs Horizontal SaaS: 8 Differences and Similarities

Stax

Software as a Service (SaaS) has made business software more accessible by offering cloud-based, on-demand access to a range of solutions, from project management and collaboration to sales and marketing. Subscription-based model Subscription pricing is the most common model used by both horizontal and vertical SaaS providers.

article thumbnail

What are Merchant Accounts and How Do They Work?

Stax

Without a merchant account, it’s very difficult to ensure consistent cash flow or manage multiple sales channels effectively. Moreover, many merchant accounts today come bundled with a payment gateway, another crucial component of the online payment process that streamlines transactions and protects against fraudulent activity.

article thumbnail

Global Growth: Understanding Merchant of Record for E-commerce

Subscription Flow

Tasks in this diverse role include managing payments, complying with tax laws, and reducing risks such as chargebacks and fraud. Businesses looking for affordable payment processing solutions frequently choose National Processing because of its reputation for offering competitive pricing.

article thumbnail

Payment Facilitator vs Payment Gateway: Key Differences and Similarities

Stax

Digital payments only take a few seconds, but they flow through many different layers of partners and technology. Consider the following: Merchants are the sellers, businesses, or service providers seeking payment for their offerings. What is a Payment Gateway? It’s a required part of the online payment process.

article thumbnail

How Much Do Credit Card Companies Charge Merchants?

Stax

By understanding how credit card companies charge merchants and how these fees are calculated, businesses can explore optimization strategies to manage and reduce some of these costs. As well as improving profit margins, these activities can also enhance the customer experience and give merchants a competitive advantage in the marketplace.