Stax

AUGUST 26, 2024

To the incredible Stax community: allow us to take a moment to recognize a milestone that we are extraordinarily proud of—our 10th anniversary. Sprinkled throughout this article are quotes from some of Stax’s long-standing employees, because who better to tell the company’s story than the people who help make it happen?

Payment Services 88

Payment Services Merchant Services Stax Payment Solutions 88

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.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

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.

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 88

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.

Merchant Services 88

Merchant Services Payment Services Payfac Technical Review 88

Stax

DECEMBER 20, 2023

SaaS companies can avoid having to integrate their software with that of gateways and banks, undergo thorough merchant underwriting, and submit mountains of documents by working with a trusted PayFac like Stax to make their software more comprehensive for their clients. Working with a payment facilitator can be the answer here.

Merchant Services 88

Merchant Services Payment Services SaaS Payments Payments 88

Stax

JANUARY 22, 2024

In this article, we’ll dive into the intricacies of two types of players in the eCommerce ecosystem: payment gateways and payment facilitators. The high-level difference is when and how to deploy them as part of the payment process. A PayFac, by contrast, handles the bank’s interaction with a number of merchants.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88