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

Vertical SaaS vs Horizontal SaaS: 8 Differences and Similarities

Stax

This creates an intensely competitive landscape with a higher churn rate, but greater customer acquisition opportunities. HubSpot’s acquisition of chatbot system Motion AI, for example, was a response to growing customer demand for on-demand communication systems. Contact us to learn more about Stax Connect.