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Understanding Risk Management Strategies as a PayFac

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Reputational risks Risks associated with things like data breaches, poor customer service, company controversies, etc. PayFacs must therefore keep track of dubious/ high-risk merchants and immediately terminate the contracts of those engaged in any illegal activity. Fraud detection and prevention.

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Vertical SaaS vs Horizontal SaaS: 8 Differences and Similarities

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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.