Stax

DECEMBER 4, 2023

In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). Launderers usually funnel illicit money using an associate’s cash-generating business or inflating their invoices. To that end, PayFacs must detect, manage, and categorize risky accounts.

Merchant Services 88

Merchant Services Payment Services Payfac compliance 88

Subscription Flow

JANUARY 1, 2024

In essence, a memo of requirements (MoR) simplifies the financial parts of business dealing with the intricacies of payments and guaranteeing legal and regulatory compliance for a smooth client experience. Also, there are many integrations that are offered by our subscription management platform. And that’s how the MoR works.

Merchant Services 52

Merchant Services Payment Services Payment Methods Payments 52

Stax

JANUARY 17, 2024

In this article, we’ll discuss everything you need to know about the ACH payment facilitator model and how SaaS companies can go about facilitating ACH payments easily. An ACH payment facilitator, therefore, is simply a PayFac that allows users to accept payments through an electronic bank-to-bank network.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88