Remove compliance Remove Development Remove Marketing Remove Stax
article thumbnail

How to Maintain Anti-Money Laundering Compliance as a PayFac

Stax

The US, therefore, requires financial institutions as well as financial services firms to have anti-money laundering (or AML) compliance programs in place. In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). Non-compliance can have major implications.

article thumbnail

ISVs vs SaaS: What’s the Difference?

Stax

Independent Software Vendors (ISVs) and Software-as-a-Service Providers (SaaS) operate within the same market, thus creating a push-and-pull revenue dynamic. TL;DR ISVs develop and distribute software products independently and often collaborate with hardware manufacturers and platform providers. Learn More What are ISVs?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Payment Security: Everything You Need to Know About Secure Payments

Stax

Offering multiple payment methods is just one of many ways to improve customer experience, and it is becoming more important as the market shifts towards more convenient and secure payment options. Stax delivers an all-in-one payments platform that is secure, stable and customizable—and did we mention affordable?

article thumbnail

FSM Software: 7 Growth Tips for Field Service Management Software Providers

Stax

TL;DR Understanding your target market is the first step to growing your FSM software business FSM software providers need to invest in product development and innovation to stay up-to-date with industry trends, forecast market needs, and respond with innovative solutions. R&D is the process of idea development.

article thumbnail

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

Stax

In a saturated market, how do they distinguish themselves? In this guide, we’re going to cover what companies need to consider when choosing a SaaS billing platform—and how Stax Connect makes this process simple. However, only 10% of them currently employ these models. How do they keep customers returning for more? Real-time insights.

article thumbnail

What is a Surcharge Fee? How it Helps Consumers and Businesses

Stax

Credit card surcharging is subject to regulations and compliance requirements that vary by region and country. The rise in these fees can be attributed to the substantial investment required for the development and maintenance of secure payment processing infrastructure, protection against fraud, and the convenience offered to consumers.

article thumbnail

Tap to Pay: What It Is and How It Works

Stax

Tap-to-pay technology will take us to advanced loyalty, marketing, and end-to-end customer satisfaction solutions. Apple Pay caught up in 2014; in 2015, the wearables market made everyone aware of the tap’s potential. But the benefits made known during that time were more aligned with the original reason for its development.