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How to Maintain Anti-Money Laundering Compliance as a PayFac

Stax

For any merchant selling products or services online, it’s always a good idea to allow customers to make payments on their platform itself—instead of redirecting them to a third-party website or gateway. With the global economy moving online, corruption, fraud, trafficking, and other illicit activities continue to rise.

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How Stripe Dominates Online Payments by Going After Developers

Chart Mogul

And is Stripe a good choice as your billing and payment provider? When Stripe was launched in 2010, dealing with payments online wasn’t a straightforward matter. It required significant development work, working with banks and other financial institutions, passing multiple verification and compliance hurdles, and so on.

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Revenue vs. Income: A Guide For Your Business

FastSpring

Revenue refers to the total earnings a company generates through its core operations like sales of products or services, rents on a property, recurring payments , interest on borrowings, etc. On the expenses side, they were also able to cut down on taxes by automating VAT tax compliance for their ecommerce platform.

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Key Definitions in Subscription Billing: Demystifying the Jargon

Blulogix

Key Definitions in Subscription Billing: Demystifying the Jargon By BluLogix Team Welcome to the fourth installment of our comprehensive guide on selecting the right subscription billing platform. Before we go much further, let’s go deep into essential definitions and concepts in the world of subscription billing.

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How Stripe Dominates Online Payments by Going After Developers

Chart Mogul

And is Stripe a good choice as your billing and payment provider? When Stripe was launched in 2010, dealing with payments online wasn’t a straightforward matter. It required significant development work, working with banks and other financial institutions, passing multiple verification and compliance hurdles, and so on.

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8 Top Stripe Alternatives: In-Depth 2023 Guide

FastSpring

Most Stripe alternatives fall into one of two categories: (1) payment processors, or (2) a billing solution that covers payment processing and other aspects of billing such as fraud detection, checkout, and more. A MoR also takes the lead on chargebacks, tax audits, legal compliance, and more. MoRs for SaaS Companies.

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Accounting for SaaS Companies: Why Go GAAP Early in SaaS?

SaaSOptics

The bookkeeping — and choice of accounting method — is many times left to whoever is sending the invoices and paying the bills. And the method tends to be whichever is most accessible and least expensive. However, for GAAP financial statements, the accrual method is the only approach. It’s called liquidity!