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What Is an ACH Payment Facilitator?

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In this article, we’ll discuss everything you need to know about the ACH payment facilitator model and how SaaS companies can go about facilitating ACH payments easily. An ACH payment facilitator, therefore, is simply a PayFac that allows users to accept payments through an electronic bank-to-bank network.

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ISVs vs SaaS: What’s the Difference?

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Independent Software Vendors (ISVs) and Software-as-a-Service Providers (SaaS) operate within the same market, thus creating a push-and-pull revenue dynamic. TL;DR ISVs develop and distribute software products independently and often collaborate with hardware manufacturers and platform providers. Learn More What are ISVs?

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What are Merchant Accounts and How Do They Work?

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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. A merchant account refers to a business bank account that allows businesses to accept electronic payments for goods and services.

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Vertical SaaS vs Horizontal SaaS: 8 Differences and Similarities

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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. What is Horizontal SaaS? By serving common business needs, horizontal SaaS platforms have a very wide target audience.

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How Much Do Credit Card Companies Charge Merchants?

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As well as improving profit margins, these activities can also enhance the customer experience and give merchants a competitive advantage in the marketplace. Credit card fees, including interchange, assessment, and payment processor fees, impact businesses on a per-transaction or recurring basis. Account fees.