Stax

DECEMBER 20, 2023

From there, your users must go through an application and underwriting process that determines their eligibility to accept payments. TL;DR Merchant underwriting is the risk level assessment process an acquiring bank carries out on every new merchant before they grant them a merchant account. What Is Merchant Underwriting?

Underwriting 88

Underwriting Process Payment APIs and Integration Enrollments 88

Stax

FEBRUARY 15, 2024

There are two main ways that an ISV can become a payment provider—by adopting the ISO model or the PayFac model. In the ISO model, an ISV partners with a third party that handles merchant account setup, payment processing, risk, and compliance. Now, there are two ways that a software service provider can become a payments provider.

ISVS 88

ISVS Facilitators ISOs Payment APIs and Integration 88

Stax

JANUARY 17, 2024

After this, it usually takes about 3-5 days to get approvals post the underwriting process. Provides compliance and security advantages ACH payments are one of the most secure payment options your customers can have. Since it has no intermediaries, the risks of tampering and fraud are reduced manifold.

ACH 88

ACH Facilitators ISVS Payment APIs and Integration 88