Remove 2019 Remove compliance Remove Payfac
article thumbnail

Embedded Payments explained: Everything software companies need to know

Payrix

This experience allows software companies to monetize payments without taking on the risk and compliance that comes with payment processing. Payment facilitation (PayFac) Today, many software companies have a pulse on the opportunities of becoming a payment facilitator, also referred to as a PayFac® developer.

Payments 147
article thumbnail

Stax Celebrates 10 Years: Looking Back at a Decade of Growth and Payment Innovations

Stax

.” Expansion and recognition (2019-2021) By 2019, we entered our expansion phase, and Stax made big moves that propelled us to the next level of growth and visibility. Launching PayFac and ISV solutions In 2019 and 2020, Stax became more than just a payment processor for merchants.