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Payment Facilitator vs Payment Gateway: Key Differences and Similarities

Stax

In a world where we’re spending more and more time online and every click is a potential transaction, it’s no surprise the eCommerce and digital payments sectors are experiencing exponential growth. In this article, we’ll dive into the intricacies of two types of players in the eCommerce ecosystem: payment gateways and payment facilitators.

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ISVs vs SaaS: What’s the Difference?

Stax

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.

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The 7 Best Mobile POS Systems for Small Businesses in 2024

Stax

Whether businesses are on the road or staff are simply moving about in-store, mobile point of sale systems (mPOS systems) are becoming an increasingly popular POS option for small businesses. In fact, mPOS systems are gradually gaining market share from the fixed cash-register-style POS market. They offer customers flexibility.

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Global Growth: Understanding Merchant of Record for E-commerce

Subscription Flow

The function of the MoR – merchant of record ecommerce – has become essential for companies looking to streamline their online sales operations in the ever-changing world of digital commerce. Tasks in this diverse role include managing payments, complying with tax laws, and reducing risks such as chargebacks and fraud.

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Understanding Risk Management Strategies as a PayFac

Stax

For SaaS companies, becoming a payment facilitator (or PayFac) offers a ton of advantages—including but not limited to—boosting retention and profitability while exercising greater control over the customer experience. However, several complex types of risks come along with this. Let’s get started.

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What Is a Credit Card Surcharge?

Stax

Credit cards remain a favored way of making payments among customers. However, the idea of applying a credit card surcharge to offset the processing cost of credit cards has always been a hotly debated topic. Once you have ensured that surcharges are permissible by law in your state, you must meet card brand guidelines for compliance.

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What Is a Credit Card Surcharge?

Stax

Credit cards remain a favored way of making payments among customers. However, the idea of applying a credit card surcharge to offset the processing cost of credit cards has always been a hotly debated topic. Once you have ensured that surcharges are permissible by law in your state, you must meet card brand guidelines for compliance.