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What makes a company choose one SaaS payment processing provider over another? For example, at FastSpring, we have a lot of data about online shopping carts. But we wanted to hear directly from technical founders and software developers about what you look for in a SaaS payment processing service. Is it the interface?
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. Some may use cloud platforms for online solutions.
For SaaS companies, becoming a payment facilitator (or PayFac) offers a ton of advantages—including but not limited to—boosting retention and profitability while exercising greater control over the customer experience. However, several complex types of risks come along with this. Let’s get started.
If customer payment card information was stolen in a breach, it could be a public relations and financial nightmare. And that’s why Payment Card Industry (PCI) penetration testing is so critical. It’s like getting a personalized roadmap to better cybersecurity, tailored specifically to your business’s needs.
Many of these tips are oldies but goodies to cybersecurity experts, but I’ve tried to include a few unique tips with my personal explanation for each. Plus, the website [link] has a great tool for passphrase generation. I recommend using a simple cipher for a website plus a base passphrase.
Although both focus on boosting cybersecurity and resilience , they each have unique purposes and scopes that impact businesses in different ways. No more playing games when it comes to keeping critical infrastructure and services secure. If your business is trying to understand these frameworks, youre not alone.
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