article thumbnail

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. In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac).

article thumbnail

SaaS Companies: Four Signs You’ve Outgrown Stripe

FastSpring

When you’re using a DIY payment solution like Stripe, making it work for your business falls on your developers. From testing out plugins to setting up new payment methods, maintaining Stripe can be very time-consuming. Fred is a prior customer of FastSpring and now serves as an advisor.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Brands Look for When Considering Acquiring Software Companies

FastSpring

“This is everyday for me, so I love talking about it,” says Carl Hargreaves about mergers and acquisitions. As the Director of Corporate Development & Strategic Partnerships at WP Engine , Carl has worked on many acquisitions and partnerships, including brands like Flywheel, Perfect Dashboard, Block Lab, and recently, Delicious Brains.

article thumbnail

Announcing: Digital Invoicing Updates and Tax Exemptions for B2B Transactions in Japan

FastSpring

Further, we’ve made improvements to how we handle tax exemptions in Japan to be in compliance with new regulations starting October 1, 2023. Now users are able to add a tax exemption ID to quotes created within the FastSpring App and from the Quotes API. Example of the new changes to FastSpring’s Digital Invoicing Quotes in-app.

article thumbnail

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.

article thumbnail

Key Definitions in Subscription Billing: Demystifying the Jargon

Blulogix

Take your business further with BluIQ’s flexible, scalable, enterprise-grade intelligent billing solutions. Example: A software-as-a-service (SaaS) company tracks how many customers cancel their monthly subscriptions. Importance: Effective dunning processes are crucial for reducing involuntary churn due to payment failures.

article thumbnail

Embedded Payments explained: Everything software companies need to know

Payrix

In a market shaped by fierce competition, emerging technologies, and dominating customer expectations, B2B software companies have evaluated many angles of differentiation to keep the attention of their customers. Among the most recent strategies proving successful for software companies is Embedded Payments.

Payments 147