Stax
FEBRUARY 15, 2024
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.
Stax
DECEMBER 4, 2023
In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). Launderers usually funnel illicit money using an associate’s cash-generating business or inflating their invoices. To that end, PayFacs must detect, manage, and categorize risky accounts.
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Stax
JANUARY 17, 2024
In this article, we’ll discuss everything you need to know about the ACH payment facilitator model and how SaaS companies can go about facilitating ACH payments easily. An ACH payment facilitator, therefore, is simply a PayFac that allows users to accept payments through an electronic bank-to-bank network.
Payrix
JANUARY 30, 2024
The company’s clients depend on cash flow, and having a credit card on file means technicians in the field can immediately invoice from their mobile app and see cash in their bank account 24 hours later. We realized how much opportunity we bring to the table, as the nature of our industry is reliant in large part on recurring payments.
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As more and more software-as-a-service (SaaS) businesses look to further monetize their platforms and eliminate friction for merchants, embedded payment solutions are becoming a clear path forward to a world of potential. Why bringing payments in-house will benefit you and your customers.
Subscription Flow
NOVEMBER 7, 2023
The success of your business can be greatly impacted by your choice of payment processing model in the dynamic world of eCommerce and online business. To simplify the intricacies of payment processing, two well-known solutions have surfaced: Payment Facilitators (PayFacs) and Merchants of Record (MoRs).
Payrix
APRIL 3, 2024
At a very high level, a referral partnership is an integrated payments model. You as the software company make an agreement with a payment processor to become one of their referral partner s. In this model, your organization assume s no ne of the payments risk and subsequently , has little control over the customer experience.
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