article thumbnail

ISV vs PayFac: The Similarities and Differences Between Independent Software Vendors and Payment Facilitators

Stax

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.

article thumbnail

The Benefits of SaaS and Implementing SaaS Payments

Stax

In this article, we’ll explore the many benefits of SaaS and how to implement SaaS payments. Because of their many benefits, businesses have realized the need for implementing SaaS payments as well. What’s more, users don’t need to bear the cost of maintaining or updating the software. tokenization, encryption).