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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.

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Payment Security: Everything You Need to Know About Secure Payments

Stax

Ultimately, PCI DSS compliance helps prevent fraudulent transactions, mitigates data breaches, cultivates customer trust and protects your business. Stax delivers an all-in-one payments platform that is secure, stable and customizable—and did we mention affordable? At Stax, we help businesses keep up with all things payment security.

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CFO Tools You Should be Using in 2022

SaaSOptics

Is your company taking advantage of CFO tools like automated invoicing, database management, and automatic tax-compliance updates? Stripe has flexible pricing to fit any plan for any business of any size, and even uses machine learning to gather information to reduce churn in the future. Sales Tax and Compliance Tools.

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Everything You Need To Know about Merchant Processing and How To Choose the Right Solution for Your Needs

Stax

In addition, they also ensure the privacy of business data and compliance with laws and regulations. Stax Stax is a payments processing service that caters to all types of businesses, large or small. Unlike other card processing companies, Stax doesn’t add any extra fees to the interchange.

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What Is an ACH Payment Facilitator?

Stax

The great thing about an ACH PayFac solution like Stax Connect is that SaaS companies or ISVs can embed ACH payments in their software easily and own (also, white label) the payment experience. Provides compliance and security advantages ACH payments are one of the most secure payment options your customers can have.

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Vertical SaaS vs Horizontal SaaS: 8 Differences and Similarities

Stax

Vertical SaaS solutions are tailored for specific industries, addressing niche needs with in-depth customization and compliance with industry standards. And if you’re planning to offer credit card processing services with your software, be sure to partner with a solid payment facilitator like Stax Connect. What is Vertical SaaS?