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How to Choose the Best Billing Software for Your Business

Subscription Flow

Compliance with financial laws Calculating your tax, and then making sure that you are compliant with all the relevant tax laws is something that you have to do often. If you sign up with a billing software that cannot auto-generate reports for you, or ensure compliance, you would have to consider migration.

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What is Click to Pay and How Does It Work?

Stax

And if you eagerly adopt a new payment solution that your business doesnt need, then you may be stuck with a clunky checkout process and wasted investment funds. Your testing should check for security compliance, technical performance, and mobile responsiveness. Sensitive data may be stored on servers, increasing the risk of breaches.

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Payment Gateway vs Payment Processor: What You Need to Know

Stax

Shopify Payments, PayPal, Stripe) Often provided by banks or payment service providers (e.g., Hosted payment gateways (or redirects) – In this method, customers are redirected to a third-party site for checkout and payment processing e.g. PayPal. Q: Will I need to invest in both a Payment Gateway and a Payment Processor?

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Using a Gaming Payment Gateway to Monetize Your Game’s Web Shop

FastSpring

How a merchant of record like FastSpring can handle all the complexities of global payments for you, even taxes and compliance. Spend less time managing your payments and compliance and more time making great games! You don’t need to worry about compliance if you’re using a merchant of record — because the MoR is already handling it.

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Understanding the Nature of Payment Gateway Integration For Your Mobile App

Stax

In addition to the usual concerns around security and compliance, there’s also the issue of user experience. Industry data shows that when it comes to marketing spending, 82% of companies agree that it’s cheaper to invest in retention than acquisition. A bad payment experience can lose customers and damage your brand.

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Digital River Alternatives for 2024

FastSpring

The MoR takes on the liability of SaaS transactions for you, meaning they handle everything from payment processing, to chargeback management, to collection and remittance of taxes, and even compliance with local laws and regulations. PayPal for Business is both an in-person and ecommerce solution.

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What is Embedded Finance and Embedded Fintech?

Stax

Some challenges and considerations of embedded finance and fintech involve regulatory and compliance issues, data privacy and security, and stiff competition. Businesses merge their customer offerings with banking, insurance, investment, and loan services via an Application Programming Interface (API) linked to their financial partners.