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We wanted to give a special shout-out to some of our newest sponsors for SaaStr Annual 2022. Welcome to Payfac-as-a-service. For B2B software companies looking for a better option that provides all of the benefits with none of the hassle, it’s time to Get Tilled and experience Payfac-as-a-Service.
According to the Pew Research Institute , in 2022, a whopping 41% of Americans said they don’t use cash at all for any of their weekly purchases—a significant jump from 29% in 2018. In this article, we’ll break down two popular terms used in the payment processing industry—ISV and PayFac —and see what they exactly mean.
Launching PayFac and ISV solutions In 2019 and 2020, Stax became more than just a payment processor for merchants. We wanted to provide value to other players in the payments ecosystem, so we launched PayFac solutions in 2019. This was around the time that Fattmerchant decided we were going to be a Payfac.”
Deconstructing the Cost of Becoming a Payment Facilitator (Part 4 of the Payments Education Webinar Series) Being a payment facilitator has many touted benefits: you bring payments in-house, you get more revenue, and more control over the merchant experience. However there has been quite a bit of fear-mongering about the investment.
Be a Payfac® Watch this discussion about how ISOs (independent sales organizations), payments companies, and acquirers can remain competitive in an evolving payments world. The ISO is Dead. Tom Tucker of Till Payments, joins the conversation and covers Till’s journey and the initiatives they are taking to remain competitive.
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