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Understanding Risk Management Strategies as a PayFac

Stax

Reputational risks Risks associated with things like data breaches, poor customer service, company controversies, etc. Monthly sales amount (volume), average transaction amount, sales-to-purchase return ratio, etc. They can only be drawn upon under applicable clauses in your payment services agreement. Velocity checks.

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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.

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What Is an ACH Payment Facilitator?

Stax

The great thing about an ACH PayFac solution like Stax Connect is that SaaS companies or ISVs can embed ACH payments in their software easily and own (also, white label) the payment experience. PayFacs typically partner with a payment processor or a bank to provide merchant services.

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What are Merchant Accounts and How Do They Work?

Stax

Without a merchant account, it’s very difficult to ensure consistent cash flow or manage multiple sales channels effectively. In this blog, we’re going to explain how merchant accounts work in both eCommerce and offline settings and what businesses need to consider when selecting a merchant services provider. Chargeback fees.