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Understanding Risk Management Strategies as a PayFac

Stax

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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How to Find the Best SaaS Billing Platform: A Complete Guide

Stax

In this guide, we’re going to cover what companies need to consider when choosing a SaaS billing platform—and how Stax Connect makes this process simple. With proper integration, they can minimize billing errors, enable adaptive pricing strategies, and provide real-time insights to enhance overall efficiency. Real-time insights.

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ISVs vs SaaS: What’s the Difference?

Stax

Examples of popular SaaS apps include Shopify, an eCommerce platform, Dropbox, a cloud storage service, and Stax Bill, an automated payment processing system. Consider Stax’s partner program. ISVs that integrate their solutions with Stax Connect gain access to the platform’s global reach, co-selling opportunities, and support.

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How to Streamline Your SaaS Clients’ Merchant Underwriting Process—and Improve Adoption Rates

Stax

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. What Is Merchant Underwriting?

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Days Sales Outstanding Formula: What is DSO and How Do You Calculate It?

Stax

In this blog, we’re going to explore the importance of DSO, how to calculate it, and strategies to help improve DSO to create a healthier business. It’s a good idea to use a standardized approach and request information such as financial statements when new customers are onboarded.

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Know Your Customer (KYC): What It Is and How to Comply

Stax

must ensure their customers go through the CIP, CDD, and EDD as part of the merchant onboarding process. This doesn’t mean you wouldn’t be onboarded as a client, but rather that you’d have more stringent KYC regulations to deal with. Let’s dive a little deeper into each of these components. Contact us for a free demo today.

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Recurring Billing: Definition, How it Works, and Best Practices

Stax

By the end of this guide, you’ll have `a clear overview of its operational framework, strategic benefits, best practices, and advanced strategies to maximize this powerful, rapidly rising payment tool. Contact Stax Payments today to learn more about their recurring billing and payment processing solutions.