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ISV vs PayFac: The Similarities and Differences Between Independent Software Vendors and Payment Facilitators

Stax

ISVs create software platforms for various industries, including business management, healthcare, and finance. Now, there are two ways that a software service provider can become a payments provider. They often customize and integrate their applications to meet specific client needs and market demands.

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What Is an ACH Payment Facilitator?

Stax

By processing large quantities of data, ML helps in risk management by optimizing operations and preventing fraud proactively. AI and ML-based security These technologies enable monitoring fraud in real-time and offer insights into fraudulent transactions.

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