How to Streamline Your SaaS Clients’ Merchant Underwriting Process—and Improve Adoption Rates
Stax
DECEMBER 20, 2023
Your SaaS clients will need to have a master merchant account if they want to facilitate ACH, debit cards, eChecks, and credit card payments for their sub-merchants. For an acquiring bank, processing any payment is similar to extending a line of credit to the business. This system works very well for SaaS providers.
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