article thumbnail

Mobile Devices Take On SMB FinTech Functionality, Usability

PYMNTS

As the financial services space focuses on digitizing offerings for their small business customers, much of these efforts are targeting online banking portals accessed via desktop. “When these systems start becoming as easy as taking a selfie, every small business will want to use it,” Charles said.

article thumbnail

How to Choose the Best Bookkeeping App for Your Business

Stax

Keeping a meticulous record of all your financial transactions gives you a good picture of the state and health of your small business and makes life easier come tax time. Step 5: Check for compliance with data security best practices and industry standards Your bookkeeping software provider should be PCI DSS compliant.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

What Is an ACH Payment Facilitator?

Stax

This makes ACH PayFacs a desirable option for small businesses or start-ups. The great thing about an ACH PayFac solution like Stax Connect is that SaaS companies or ISVs can embed ACH payments in their software easily and own (also, white label) the payment experience.

ACH 88
article thumbnail

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. SMBs get access to payment processing services without the need for individual merchant accounts.

ISVS 88
article thumbnail

The Retail Revolution Frontline Gets Real

PYMNTS

Apriva and iPayment also announced they would collaborate to help small businesses make the jump to EMV card acceptance with a new series of EMV-based mPOS solutions.

EMV 42
article thumbnail

How to Streamline Your SaaS Clients’ Merchant Underwriting Process—and Improve Adoption Rates

Stax

How a PayFac like Stax can help A business can choose to open a merchant account on their own but the process can be laborious and time-consuming. By hiring the services of a payment facilitator or processor, a business does not have to open its own merchant account. This system works very well for SaaS providers.