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ISVs create software platforms for various industries, including business management, healthcare, and finance. Now, there are two ways that a softwareserviceprovider can become a payments provider. ISVs ensure software solutions meet standards like PCI DSS (Payment Card Industry DataSecurity Standard).
Your accounting software’s third-party app support ecosystem must be broad enough to include such tools. Step 5: Check for compliance with datasecurity best practices and industry standards Your bookkeeping softwareprovider should be PCI DSS compliant.
These include the following: A robust technological infrastructure Customer privacy and security Interoperability User awareness and adoption Quick and easy onboarding process Final Words It shouldn’t come as a surprise that ACH PayFacs provide some exceptional benefits to SaaS companies and softwareserviceproviders.
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