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ISVs vs SaaS: What’s the Difference?

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Independent Software Vendors (ISVs) and Software-as-a-Service Providers (SaaS) operate within the same market, thus creating a push-and-pull revenue dynamic. TL;DR ISVs develop and distribute software products independently and often collaborate with hardware manufacturers and platform providers. Learn More What are ISVs?

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Understanding Risk Management Strategies as a PayFac

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As such, PayFacs need to equip themselves with an effective risk management strategy that helps them continuously monitor risks and employ appropriate risk responses if needed. PayFacs need to equip themselves with an effective risk management strategy that helps them continuously monitor risks and employ appropriate risk responses if needed.

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Payment Facilitator vs Payment Gateway: Key Differences and Similarities

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Consider the following: Merchants are the sellers, businesses, or service providers seeking payment for their offerings. Payment facilitators simplify the process for smaller businesses, aggregating multiple merchants under their umbrella and managing payments on their behalf. What is a Payment Gateway?

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The 7 Best Mobile POS Systems for Small Businesses in 2024

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Today, they’re known for their robust services, enhanced security, user-friendly interfaces, and the integration of advanced data analytics. Imagine a restaurant using a mobile POS system to manage sales both at its permanent locations and through its food truck. They’re no longer just for SMBs.

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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. What is Vertical SaaS? By serving common business needs, horizontal SaaS platforms have a very wide target audience.

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What Is an ACH Payment Facilitator?

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Unlike payments facilitated by card networks like Visa or Mastercard, ACH payments are managed by a body called the National Automated Clearing House Association (NACHA). PayFacs typically partner with a payment processor or a bank to provide merchant services. This is pretty much similar to the service that PayPal offers.

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What are Merchant Accounts and How Do They Work?

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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.