Service Provider Software & Service Providers Underwriting 
Stax
DECEMBER 20, 2023
The first step is to find a partner that can provide the right payment technologies and services to your customers. From there, your users must go through an application and underwriting process that determines their eligibility to accept payments. What Is Merchant Underwriting?
Stax
FEBRUARY 15, 2024
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.
Stax
JANUARY 17, 2024
After this, it usually takes about 3-5 days to get approvals post the underwriting process. On the other hand, applying for a traditional merchant account requires submitting extensive documentation. This makes ACH PayFacs a desirable option for small businesses or start-ups.
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