Stax

JANUARY 8, 2024

For SaaS companies, becoming a payment facilitator (or PayFac) offers a ton of advantages—including but not limited to—boosting retention and profitability while exercising greater control over the customer experience. However, several complex types of risks come along with this.

Merchant Services 88

Merchant Services Payfac Payment Services SaaS Payments 88

Stax

MAY 6, 2024

In our latest webinar, Garrek Harris, Director of Platform Management at Stax, discussed the ins and outs of data security for merchants and ISVs. We talked about PCI compliance (and beyond) and what organizations can do to stay on top of all things data security. TL;DR Data security and PCI compliance are critical for growth.

Payment Services 88

Payment Services Merchant Services compliance SaaS Payments 88

Stax

JANUARY 17, 2024

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. 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