Stax

DECEMBER 4, 2023

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). Let’s get started.

Merchant Services 88

Merchant Services Payment Services Payfac compliance 88

Payrix

APRIL 3, 2024

At a very high level, a referral partnership is an integrated payments model. You as the software company make an agreement with a payment processor to become one of their referral partner s. In this model, your organization assume s no ne of the payments risk and subsequently , has little control over the customer experience.

Payment Services 100

Payment Services Merchant Services SaaS Payments Payment Facilitation 100

Stax

JANUARY 22, 2024

In this article, we’ll dive into the intricacies of two types of players in the eCommerce ecosystem: payment gateways and payment facilitators. The high-level difference is when and how to deploy them as part of the payment process. A PayFac, by contrast, handles the bank’s interaction with a number of merchants.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Payrix

JANUARY 30, 2024

Its payfac-as-a-service solution — Payrix Pro — enabled Nick to control the onboarding and customer service, while Payrix managed the processing, compliance, and most of the risk and liability. I didn’t want the liability issues either.” Payrix — In a Class of its Own Nick found the hybrid approach he wanted with Payrix. GET A DEMO

Payment Services 130

Payment Services Payments Merchant Services Payment Solutions 130

Subscription Flow

JANUARY 1, 2024

It takes on responsibility for every transaction with the final consumer, managing chargebacks and refunds as well as tax duties, PCI compliance, and payment processing. Also Read: How to Choose Between a Payment Facilitator (PayFac) and a Merchant of Record (MoR) for Your Business How to Use MoR for Your Online Transactions?

Merchant Services 52

Merchant Services Payment Services Payment Methods Payments 52

Stax

FEBRUARY 15, 2024

The writing on the wall is clear—businesses need to start accepting digital payments and software providers need to start offering payment services one way or another. In this article, we’ll break down two popular terms used in the payment processing industry—ISV and PayFac —and see what they exactly mean.

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 88

Stax

JANUARY 17, 2024

In this article, we’ll discuss everything you need to know about the ACH payment facilitator model and how SaaS companies can go about facilitating ACH payments easily. An ACH payment facilitator, therefore, is simply a PayFac that allows users to accept payments through an electronic bank-to-bank network.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88