Stax
DECEMBER 4, 2023
In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). Launderers usually funnel illicit money using an associate’s cash-generating business or inflating their invoices. To that end, PayFacs must detect, manage, and categorize risky accounts.
Subscription Flow
NOVEMBER 7, 2023
The success of your business can be greatly impacted by your choice of payment processing model in the dynamic world of eCommerce and online business. To simplify the intricacies of payment processing, two well-known solutions have surfaced: Payment Facilitators (PayFacs) and Merchants of Record (MoRs).
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Stax
DECEMBER 20, 2023
SaaS companies can avoid having to integrate their software with that of gateways and banks, undergo thorough merchant underwriting, and submit mountains of documents by working with a trusted PayFac like Stax to make their software more comprehensive for their clients. Working with a payment facilitator can be the answer here.
Payrix
JANUARY 30, 2024
Nick first marketed the fitDEGREE app to college recreation centers, and it only consisted of registration and inventory control features. Payments is a core part of my business, and a core part of our offering, but I’m not a payments company. I’m a studio management company. I didn’t want the liability issues either.”
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.
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