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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, or Software as a Service, companies host and deliver software applications over the internet on a subscription basis. Consider Stax’s partner program.

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Global Growth: Understanding Merchant of Record for E-commerce

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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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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. The PayFac benefits the acquiring bank by assuming the risk for a large number of smaller merchants, continuously monitoring merchants for security and compliance, and ultimately reducing the burden on the bank.

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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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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. Security and compliance standards Security is paramount in any POS system to protect sensitive customer information. They’re no longer just for SMBs.

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What Is a Credit Card Surcharge?

Stax

Once you have ensured that surcharges are permissible by law in your state, you must meet card brand guidelines for compliance. While this may seem like a pretty straightforward and minor difference, it is necessary to consider it for legality and compliance purposes. What Is a Credit Card Surcharge?

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What Is a Credit Card Surcharge?

Stax

Once you have ensured that surcharges are permissible by law in your state, you must meet card brand guidelines for compliance. While this may seem like a pretty straightforward and minor difference, it is necessary to consider it for legality and compliance purposes. Learn More What Is a Credit Card Surcharge?