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Payment Facilitator: Definition, FAQ, and examples

Payrix

A payment facilitator (or PayFac) is a software platforms all-in-one payment processing solution. Instead of your customers needing to create their own merchant account to process payments, you as the PayFac developer handle all the payments setup and complexity for them. Handle sub-merchant compliance with card network rules.

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The Ultimate Guide to Ecommerce Payment Solutions

Stax

of retail sales in 2025, amounting to $6.862 trillion. Theyre easy to integrate and set up, with the host taking care of data security measures, including PCI compliance and fraud protection. On top of PCI compliance, you might have to pay extra for SSL (Secure Sockets Layer) certification. This is expected to grow to 22.6%

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Software-led payments predictions: A look back on 2024 and insights for 2025

Payrix

With a few weeks left on the 2024 fiscal calendar, we turned to Michael Veatch, Senior Director of Implementations and Ella Aguirre , Director of Solutions Consulting for their insights on what happened in software payments this year and whats on the horizon for platform providers in 2025. compliance to let this be your reminder to do so.

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Know Your Customer: Definition, examples, and FAQ

Payrix

Software companies that offer integrated payments as part of their platform can ensure compliance with KYC through the verification processes of their payments partner. KYC compliance generally applies to financial institutions like banks, credit card processors, and investment firms. Learn more about integrated payments.

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PayFac vs ISO: What Is the Difference & How to Choose One

Natalia Luneva

Did you know that by 2025, the global gross payment volume processed by payment facilitators is projected to exceed $4 trillion ? As businesses increasingly rely on diverse payment processing solutions, you should understand the distinctions between Payment Facilitators ( PayFacs ) and Independent Sales Organizations (ISOs).