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ISVs vs SaaS: What’s the Difference?

Stax

TL;DR ISVs develop and distribute software products independently and often collaborate with hardware manufacturers and platform providers. SaaS companies deliver software applications over the internet on a subscription basis, simplifying access and management for users. Consider Stax’s partner program.

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The Benefits of SaaS and Implementing SaaS Payments

Stax

What’s more, users don’t need to bear the cost of maintaining or updating the software. It’s hosted on the cloud and software providers are responsible for software development, maintenance, and releasing updates. Generally, pay-as-you-go pricing options are available so you pay only when you use the software.

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Is Quickbooks Desktop Being Phased Out?

Stax

TL;DR Intuit has announced the discontinuation of QuickBooks Desktop 2021 by May 31, 2024, and will stop selling certain subscriptions of QuickBooks Desktop after July 31, 2024. Existing QuickBooks Desktop users face the choice of upgrading to a newer version, switching to QuickBooks Online, or exploring alternative accounting software.

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

Stax

Business model and revenue streams – ISVs generate revenue through software sales, licensing fees, and subscription models. Underwriting and merchant accounts – ISVs don’t handle underwriting or merchant accounts and focus only on software development.

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What is Embedded Finance and Embedded Fintech?

Stax

Embedded fintech opportunities for financial institutions include subscription management , bill negotiation services, wealth transfer management, data breach and identity protection, and cryptocurrency investing. Their platform seamlessly integrates with the Stax Connect API to help its customers accept ACH , eChecks, and card payments.

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Developing a Pricing Strategy: 7 Types of Pricing and How to Implement Them

Stax

It is also known as markup-pricing, and unlike software development where you develop one product and resell the same product to multiple customers, it’s practically only applicable to physical products that require you to invest capital to produce each product unit.