Remove Outsourcing Services Remove Payment Features Remove Point of Sale
article thumbnail

What is Integrated Payments and Should SaaS Companies Outsource Integrated Payments Support?

Stax

When adding payment features for software users, the importance of including customer support for payment processing is no different. There is a constant debate regarding the cost benefits and challenges of outsourcing customer support when looking into adding payment integration features for your software users.

article thumbnail

5 Best Paddle Alternatives in 2024

FastSpring

Depending on your needs, sellers may run into a number of potential limitations with the Paddle platform: Paddle doesn’t accept as many alternative payment methods as other MoR partners. The subscription management system doesn’t support multi-product transactions. Paddle is less experienced than other MoR partners.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

8 Top Stripe Alternatives: In-Depth 2023 Guide

FastSpring

A billing solution that acts as your MoR gives you access to multiple payment processors (which lets you accept more payment methods and is useful when accepting payments globally, as we explain below) while taking on the liability of all transactions for you. FastSpring: International Payment Solution for SaaS.

article thumbnail

Digital River Alternatives for 2024

FastSpring

It’s especially important to note that Digital River is a merchant of record (MoR), which means that many payment service providers may not include the kind of comprehensive services you’re used to with an MoR. A merchant of record (MoR) is the entity that actually sells the goods and services to the customer.

article thumbnail

Ecommerce Terms You Need To Know To Manage Your Digital Business

FastSpring

A type of performance-based marketing in which a business rewards partners (also known as affiliates) for each visitor or customer brought by the affiliate’s marketing efforts. A marketing concept where a business offers several related products or services and sells them as one package solution, often at a reduced price. Cross-sell.

article thumbnail

Payment Facilitator vs Payment Gateway: Key Differences and Similarities

Stax

And, as a result of payment processing, businesses are not only able to conveniently accept credit card payments and other digital payments from anywhere across the globe but also verify and process card transactions in mere seconds—as quickly as exchanging cash in person. What is a Payment Facilitator (or PayFac)?

article thumbnail

SaaS Financial Audits: 5 Tips for a SaaS Company's Financial Audit

ProfitWell

The following are some of the reasons why a SaaS financial audit is different: Recurring payments. SaaS companies sell their software on monthly subscription models, whereby the user has to pay a monthly fee to continue using the software. Long-term payment structures. The cost of goods goes beyond monthly subscriptions.