Stax

JANUARY 22, 2024

That’s the value of eCommerce transactions that took place in 2023 in the U.S. TL;DR Payment gateways and PayFacs are both players in the digital payment process with similar goals in mind: secure and low-risk payments while providing seamless, fast, and positive customer experiences. What is a Payment Facilitator (or PayFac)?

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

FEBRUARY 15, 2024

FIS Global reports that in Norway, Sweden, and other Scandinavian countries, more than 90% of transactions processed at point-of-sale (POS) in 2023 were cashless. 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. What Is an ISV vs PayFac?

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 88

Stax

JANUARY 17, 2024

In Q3 of 2023, the total volume of payouts on ACH networks reached 7.8 TL;DR A payment facilitator (PayFac) is essentially a SaaS vendor or software provider that enables its users (businesses) to accept online payments from their customers through the platform itself. Let’s get started.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88