This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The merchant underwriting process helps reduce fraud (including chargeback volume), ensures compliance with regulations, and protects financial stability in the payment processing space. Key steps include application review, risk assessment, credit checks, and compliance verification. Learn More What is Merchant Account Underwriting?
In this article, we’ll explore the significance of billing platforms in contemporary business, delve into the features that set Stax Bill apart, and guide you through the process of selecting the right billing solution for your unique needs. said Suneera Madhani, founder and CEO of Stax. “The
And it’s all thanks to embedded finance and embedded fintech. Embedded finance isn’t entirely a new concept. Airline credit cards, payment plans for costly items, and car rental insurance are forms of embedded finance that have been around for a while. Everything is done under one platform.
The US, therefore, requires financial institutions as well as financial services firms to have anti-money laundering (or AML) compliance programs in place. In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). Non-compliance can have major implications.
Stax Connect is an all-in-one payment ecosystem with integrated software solutions to help your SaaS company increase revenue, all through one API. Stax Connect provides a comprehensive, scalable payment infrastructure, empowering you to offer seamless payment services while confidently growing your SaaS business.
Is your company taking advantage of CFO tools like automated invoicing, database management, and automatic tax-compliance updates? Finance and Billing Tools. While this is a step in the right direction, there are gaps in many processes that companies currently use that finance and billing tools can fill. If not, read on.
Look for a PMS that can serve as an all-in-one platform for payment processing, integrates with other technologies, offers appropriate POS equipment, and prioritizes security compliance. Data silos are never good for business, especially when we’re talking about your finances, and integrations make your life easier.
Vertical SaaS solutions are tailored for specific industries, addressing niche needs with in-depth customization and compliance with industry standards. Some examples of niches targeted by vertical SaaS providers include healthcare, eCommerce, finance, and education. Contact us to learn more about Stax Connect.
With an easy-to-use interface and automated math functions, GoSimpleBooks makes small business accounting much simpler for accountants managing small business finances, sole proprietors, and small companies. It shines in the tax compliance department. .” – Stephanie P., It makes accounts feel simple.” – Brendan H.,
When it comes to payments,partnering with an ISV like Stax Connect is a great way for companies to go to market with their own payment platform. It’s important to carefully go through criteria like transparency, PCI compliance, and payment monetization when selecting an ISV payments partner.
Not only must PayFacs safeguard themselves and their clients against potential threats like fraud or cybersecurity breaches but also ensure PCI compliance , customer due diligence, and adherence to card regulations. They must also ensure that sub-merchants are compliant with the regulations set by card companies, e.g. PCI compliance.
ISVs create software platforms for various industries, including business management, healthcare, and finance. In the ISO model, an ISV partners with a third party that handles merchant account setup, payment processing, risk, and compliance. The ISV has little control over the end user’s payment experience or the processing costs.
Stax Bill) Order Management Fulfillment of orders according to agreed terms. The process encompasses the roles and specialties of multiple departments within an organization, including marketing, sales, legal, order fulfillment, operations, and finance. Risk of errors due to complexity. Billing and invoicing software (e.g.,
To choose the right KYC provider, some of the factors you should look at are if the provider offers automated KYC processes, integration with existing systems, future-proof scalability, and full compliance with regulatory requirements. While internationally CDD can be seen as a key component of KYC compliance, within the U.S.,
You will be able to view those reports and keep tabs on your business’ finances on-the-go using your provider’s mobile app. Such information will help you quickly identify emerging problem patterns in your finances and also thriving streams of income that present opportunities to boost profits.
As anISV, Stax works with a number of software partners to give sub-merchants total control over how they operate their businesses. These partnerships are prevalent across various industries, including retail, healthcare, finance, and logistics. How does an ISV integration work? Whats the value of an API?
Fees include (but aren’t limited to) transaction fees, interchange rates, PCI compliance, and more. Step 4: The credit card processing companies send the payment to the business’s bank through a certified merchant services provider such as Stax. With Stax, your payment processing statement is simple.
Buy now, pay later (BNPL) services BNPL is a payment method where your customer uses a short-term financing service to pay for your product or service. For example, Stax Pay is a powerful all-in-one platform that bundles a merchant account, payment gateway, and affordable payment processing in one package.
Billing is done directly from the project to keep project management and finance tightly connected. Regardless of which software you choose, know that Stax can easily connect with both. Our direct integration with QuickBooks enables you to connect your accounting software with Stax’s payments platform.
We organize all of the trending information in your field so you don't have to. Join 80,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content