article thumbnail

Integrated Payments vs. Payfac-as-a-Service: What Developers Need to Know

USIO

Two prominent solutions that have emerged in recent years are integrated payments and Payfac-as-a-Service. While both aim to simplify payment processes, understanding the nuances between the two is crucial for businesses to make informed decisions about which solution best suits their needs.

article thumbnail

How software companies can leverage value added services to deepen customer relationships

Payrix

This combination allows you to provide your customers with new payment services built right into the platform they know and love with ease. SaaS success today is about more than just addressing your customers current needs. It’s now an expectation that is carrying through into the B2B and B2B2X landscapes.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is an Online Terminal and Why Do Merchants Need One?

Stax

Online payment systems are the standard. Online terminals (sometimes referred to as virtual terminals) power various types of transactions, including eCommerce and payments made over the phone. They act as a bridge between traditional payment processing and online payment possibilities.

article thumbnail

Recurring Billing: Definition, How it Works, and Best Practices

Stax

As the business landscape continues its unstoppable evolution, the necessity for operational efficiency and innovation becomes even more pronounced. In this article, we’ll unpack the complexities of recurring billing for businesses operating or transitioning to a recurring billing payment option.

article thumbnail

The 7 Best Mobile POS Systems for Small Businesses in 2024

Stax

Around since the 2000s, mPOS systems have come a long way from their origin as a glitchy solution used primarily by micro-businesses to process payments. At various locations where the food truck operates, staff use tablets equipped with a mobile app for transaction processing. They’re no longer just for SMBs.

article thumbnail

Distinguishing Dynamics: Navigating the Realm of Merchant of Record vs Seller of Record

Subscription Flow

Understanding these positions becomes important for businesses looking to succeed in the dynamic world of commerce, not just a compliance issue as the business landscape changes more. Also Read: How to Choose Between a Payment Facilitator (PayFac) and a Merchant of Record (MoR) for Your Business What is the Seller of Record (SoR)?

article thumbnail

Empowering Your Business with Stax Bill: A Comprehensive Guide to Billing Platforms

Stax

In today’s fast-paced business landscape, efficient and seamless payment processing is paramount to your bottom line. As industry leaders in billing software, our mission is to help our customers work more efficiently, recover more revenue, and effortlessly collect invoices. said Suneera Madhani, founder and CEO of Stax. “Not

Stax 88