Background

STAC is a patented sales tax collection methodology to enable merchants to bifurcate and submit unaltered sales tax every day to state tax collection authorities

STAC does not require proprietary technology but rather enables existing payment systems, technology, and infrastructure

STAC patented methodology is necessary to allow bifurcation at the point of settlement of the merchant which will immediately increase current merchant compliance rates up to 39% or more*

*Source: The World Bank, February 7, 2018.