Stax

FEBRUARY 15, 2024

According to the Pew Research Institute , in 2022, a whopping 41% of Americans said they don’t use cash at all for any of their weekly purchases—a significant jump from 29% in 2018. In this article, we’ll break down two popular terms used in the payment processing industry—ISV and PayFac —and see what they exactly mean.

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 88

Natalia Luneva

APRIL 24, 2025

The number of Payment Facilitators (PayFacs) has grown 13.8% each year since 2018. PayFac as a Service lets companies add payment processing to their platforms. Key Takeaways PayFac as a Service reduces PayFac setup time from years to days, slashing costs by millions. Imagine cutting years off payment system setup.

Merchant Services 40

Merchant Services PayFac as a Service Payment Services Marketplace as a Service 40

Stax

AUGUST 26, 2024

” The early years (2014-2018) The first four years of Stax were the quintessential startup experience. Launching PayFac and ISV solutions In 2019 and 2020, Stax became more than just a payment processor for merchants. We wanted to provide value to other players in the payments ecosystem, so we launched PayFac solutions in 2019.

Payment Services 88

Payment Services Merchant Services Stax Payment Solutions 88