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What is a Payment Processing System and How Does It Work?

Stax

According to the US Federal Reserve in 2022, general-purpose card payments reached $153.3 On top of that, 69% of Americans online in 2023 said they used digital payment methods to make a purchase. To address evolving customer demands and accept electronic payments, you need a payment processing system.

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Quantifying the Financial Impact of Post-Sales Services: Elevating Customer Success to the Next Level of Decision-Making

Valuize Consulting

This shared understanding facilitates strategic planning and resource allocation. Huang, X 2022, ‘Financing Disruptive Suppliers: Payment Advance, Timeline, and Discount Rate’, Production and operations management , vol. 293-324, DOI:10.1111/jofi.12050. 1115-1134, DOI:10.1111/poms.13597.

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How ISV Partnerships and Integrations Can Drive Business Growth

Stax

For example, in fintech, ISVs provide specialized payment processing solutions that integrate with point-of-sale (POS) systems, enhancing transaction security and efficiency. Payment gateways for seamless online transactions. You can also manage one-time or recurring payments and create professional customizable invoices.

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News: Brazil Joins Growing List of Countries Calling for Apple to Allow Steering to Payments Options Outside App Store

FastSpring

Cade , the antitrust regulation agency in Brazil, is joining the list of governments and agencies around the world that are telling Apple to allow steering from apps to other payment options than just Apples own, Reuters reports. Spend less time managing your payments and compliance and more time making great games!

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Thanks to Capchase, Intellum, Pilot, SafeBase, and Tilled for Sponsoring SaaStr Annual 2022!

SaaStr

We wanted to give a special shout-out to some of our newest sponsors for SaaStr Annual 2022. We enable these companies to enjoy all the benefits of a fully registered payment facilitator program without the upfront cost, hassle, or liability. Join these incredible companies to experience all the value of SaaStr!

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

Stax

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.

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Growing a Digital Goods Company in Asia: Challenges, Opportunities, and Insights

FastSpring

The payments landscape and how it affects businesses trying to grow in Asia. And we have Jay Jia with us and we’re going to get Jay’s insights on expanding a digital goods company in Asia, particularly like looking at current market trends, some of those associated challenges, the payments landscape there.