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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. SaaS companies deliver software applications over the internet on a subscription basis, simplifying access and management for users. What are SaaS companies?

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Understanding Risk Management Strategies as a PayFac

Stax

Not only must PayFacs safeguard themselves and their clients against potential threats like fraud or cybersecurity breaches but also ensure PCI compliance , customer due diligence, and adherence to card regulations. They must also ensure that sub-merchants are compliant with the regulations set by card companies, e.g. PCI compliance.

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Payment Facilitator vs Payment Gateway: Key Differences and Similarities

Stax

Consider the following: Merchants are the sellers, businesses, or service providers seeking payment for their offerings. Payment facilitators simplify the process for smaller businesses, aggregating multiple merchants under their umbrella and managing payments on their behalf. What is a Payment Gateway?

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Global Growth: Understanding Merchant of Record for E-commerce

Subscription Flow

Tasks in this diverse role include managing payments, complying with tax laws, and reducing risks such as chargebacks and fraud. By taking on the complexities of international trade, the MoR enables companies to grow quickly and profitably while maintaining a laser-like focus on providing top-notch services and products to a global clientele.

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The 7 Best Mobile POS Systems for Small Businesses in 2024

Stax

Today, they’re known for their robust services, enhanced security, user-friendly interfaces, and the integration of advanced data analytics. Imagine a restaurant using a mobile POS system to manage sales both at its permanent locations and through its food truck. They’re no longer just for SMBs.

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Vertical SaaS vs Horizontal SaaS: 8 Differences and Similarities

Stax

Software as a Service (SaaS) has made business software more accessible by offering cloud-based, on-demand access to a range of solutions, from project management and collaboration to sales and marketing. Users will pay a recurring monthly or annual fee to access a specific set of services. What is Horizontal SaaS?

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What Is an ACH Payment Facilitator?

Stax

Unlike payments facilitated by card networks like Visa or Mastercard, ACH payments are managed by a body called the National Automated Clearing House Association (NACHA). PayFacs typically partner with a payment processor or a bank to provide merchant services. This is pretty much similar to the service that PayPal offers.