Stax
APRIL 18, 2024
Independent Software Vendors (ISVs) and Software-as-a-Service Providers (SaaS) operate within the same market, thus creating a push-and-pull revenue dynamic. SaaS, or Software as a Service, companies host and deliver software applications over the internet on a subscription basis. Consider Stax’s partner program.
Stax
JANUARY 22, 2024
Consider the following: Merchants are the sellers, businesses, or service providers seeking payment for their offerings. The PayFac streamlines the onboarding process for the merchant, allowing merchants to start accepting payments very quickly. What is a Payment Gateway?
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Stax
JANUARY 8, 2024
Common risk management strategies for PayFacs include proper merchant vetting and onboarding, transaction monitoring and fraud prevention, chargeback mitigation, KYC/AML compliance, and data breach prevention. Reputational risks Risks associated with things like data breaches, poor customer service, company controversies, etc.
Stax
JANUARY 17, 2024
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.
Stax
DECEMBER 27, 2023
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. A merchant account refers to a business bank account that allows businesses to accept electronic payments for goods and services. Chargeback fees.
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