Which statement best defines SaaS?

Prepare for the Stripe Fundamentals Exam with comprehensive flashcards and multiple choice questions that include hints and explanations. Ace your exam with ease!

Multiple Choice

Which statement best defines SaaS?

Explanation:
SaaS is a software delivery model where the application lives in the cloud, the provider hosts and maintains it, and customers access it over the internet on a subscription basis. This setup means users pay recurring fees to use the software rather than buying and installing it locally. That’s why the statement that best defines SaaS is: businesses that sell subscriptions to software products to the end user. The other descriptions point to different concepts—marketplaces that connect providers and consumers, platforms that provide underlying technology, or in-store payment services—not SaaS.

SaaS is a software delivery model where the application lives in the cloud, the provider hosts and maintains it, and customers access it over the internet on a subscription basis. This setup means users pay recurring fees to use the software rather than buying and installing it locally. That’s why the statement that best defines SaaS is: businesses that sell subscriptions to software products to the end user. The other descriptions point to different concepts—marketplaces that connect providers and consumers, platforms that provide underlying technology, or in-store payment services—not SaaS.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy