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How to Find the Best SaaS Billing Platform: A Complete Guide

Stax

Here’s an interesting stat: 70% of businesses consider subscription and membership models indispensable for future commercial growth and expansion. Software-as-a-service (SaaS) businesses need to constantly evolve their offerings to stay fresh and relevant. However, only 10% of them currently employ these models.

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Recurring Payments: Definition and Implementation Best Practices

Stax

That’s why businesses are constantly seeking innovative ways to streamline operations and enhance customer experiences. Industry data shows that subscription-based businesses are growing 3.7x So, let’s dive into the realm of recurring payments and how they can benefit your business. faster than companies in the S&P 500.

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What Is an ACH Payment Facilitator?

Stax

TL;DR A payment facilitator (PayFac) is essentially a SaaS vendor or software provider that enables its users (businesses) to accept online payments from their customers through the platform itself. This makes ACH PayFacs a desirable option for small businesses or start-ups. Let’s get started.

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8 Best Chargebee Alternatives and Competitors (And How They’re Different)

FastSpring

FastSpring: Takes on Responsibility for Payment Processing, Remitting Taxes, and More for SaaS Businesses. A Merchant of Record (MoR) is the business entity that sells goods or services to the buyer. Not every business can use the same free trial model. It also makes it difficult to adapt as a business in the long run.