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ISV vs PayFac: The Similarities and Differences Between Independent Software Vendors and Payment Facilitators

Stax

FIS Global reports that in Norway, Sweden, and other Scandinavian countries, more than 90% of transactions processed at point-of-sale (POS) in 2023 were cashless. 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. What Is an ISV vs PayFac?

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Infinicept and Datacap Join Forces to Provide Software Companies with a Complete Embedded Payments Solution

Infinicept

DENVER, September 26, 2023 — Infinicept, a leading provider of embedded payments, and Datacap Systems, Inc., Infinicept’s embedded payments platform, PayOps, and Payfac as a Service, Launchpay. Infinicept’s embedded payments platform, PayOps, and Payfac as a Service, Launchpay.

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Infinicept Partners with Payments Consulting Firm Payment Visor

Infinicept

DENVER, October 10, 2023 — Infinicept, a leading provider of embedded payments, and Payment Visor, a payment management consulting firm, today announced a partnership that brings together critical payments expertise with Infinicept’s Payfac-as-Service and embedded payments platform.

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Webinar Recap: Deconstructing the Myths About the Payfac Model – March 2023

Infinicept

Deconstructing the Myths About the Payment Facilitator Model Being a Payfac has many touted benefits: you bring payments in-house, increase gross revenue, and have more control over the merchant experience. However, there has been quite a bit of fearmongering about the investment (time, labor, costs) it takes to be a Payfac.

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What Is an ACH Payment Facilitator?

Stax

In Q3 of 2023, the total volume of payouts on ACH networks reached 7.8 TL;DR A payment facilitator (PayFac) is essentially a SaaS vendor or software provider that enables its users (businesses) to accept online payments from their customers through the platform itself. Let’s get started.

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Payment Facilitator vs Payment Gateway: Key Differences and Similarities

Stax

That’s the value of eCommerce transactions that took place in 2023 in the U.S. TL;DR Payment gateways and PayFacs are both players in the digital payment process with similar goals in mind: secure and low-risk payments while providing seamless, fast, and positive customer experiences. What is a Payment Facilitator (or PayFac)?

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

Stax

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.”