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5 ISV Partner Program Considerations SaaS Companies Should Keep in Mind

Stax

An ISV partner is a software vendor that partners with an ISV and provides additional services or technology. However, the significance of selecting the right ISV partner program for cloud services or SaaS companies can’t be overstated. Participating in ISV partner programs offers several advantages.

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ISVs vs SaaS: What’s the Difference?

Stax

Independent Software Vendors (ISVs) and Software-as-a-Service Providers (SaaS) operate within the same market, thus creating a push-and-pull revenue dynamic. SaaS, or Software as a Service, companies host and deliver software applications over the internet on a subscription basis. Consider Stax’s partner program.

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Global Growth: Understanding Merchant of Record for E-commerce

Subscription Flow

By taking on the complexities of international trade, the MoR enables companies to grow quickly and profitably while maintaining a laser-like focus on providing top-notch services and products to a global clientele.

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Vertical SaaS vs Horizontal SaaS: 8 Differences and Similarities

Stax

Software as a Service (SaaS) has made business software more accessible by offering cloud-based, on-demand access to a range of solutions, from project management and collaboration to sales and marketing. Users will pay a recurring monthly or annual fee to access a specific set of services. What is Horizontal SaaS?

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What Is an ACH Payment Facilitator?

Stax

The great thing about an ACH PayFac solution like Stax Connect is that SaaS companies or ISVs can embed ACH payments in their software easily and own (also, white label) the payment experience. PayFacs typically partner with a payment processor or a bank to provide merchant services.

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Payment Facilitator vs Payment Gateway: Key Differences and Similarities

Stax

Consider the following: Merchants are the sellers, businesses, or service providers seeking payment for their offerings. The PayFac benefits the acquiring bank by assuming the risk for a large number of smaller merchants, continuously monitoring merchants for security and compliance, and ultimately reducing the burden on the bank.

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Understanding Risk Management Strategies as a PayFac

Stax

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.