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Recurring Payments: Definition and Implementation Best Practices

Stax

TL;DR Recurring payments refer to a financial arrangement where a customer authorizes a business to charge their account at regular intervals for products or services. There are a few types of recurring payments to be aware of, which one your business uses will depend on the business model and need for recurring or automatic payments.

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What Is an ACH Payment Facilitator?

Stax

All this without having to invest time and resources in partnering with an acquiring bank or building an elaborate payment infrastructure. This is pretty much similar to the service that PayPal offers. Provides compliance and security advantages ACH payments are one of the most secure payment options your customers can have.

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5 Key Steps to Evolving Your Offering Into a Platform with Eventbrite and Stripe (Video + Transcript)

SaaStr

So the first product we launched had an integration with PayPal that made it very easy for the event organizers to get all their ticket sales directly into their PayPal account as they were happening in real time. It would take days or weeks to even get approved, but you also had to go through all these hoops of PCI compliance.

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How Founders Can Take Control of Their Destiny with Tradeshift (video + transcript)

SaaStr

Again, to make it very simple, think about that just like a PayPal, but for the enterprise, for the Fortune 500 in the world. There’s not that many founders in the world that’s interested in doing global tax compliance for, let’s say, invoicing. So we cannot invest too much money in our alliance channel.