AI Payfac PayPal 
Stax
JANUARY 17, 2024
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. An ACH payment facilitator, therefore, is simply a PayFac that allows users to accept payments through an electronic bank-to-bank network.
Natalia Luneva
APRIL 24, 2025
The number of Payment Facilitators (PayFacs) has grown 13.8% PayFac as a Service lets companies add payment processing to their platforms. Key Takeaways PayFac as a Service reduces PayFac setup time from years to days, slashing costs by millions. Imagine cutting years off payment system setup. each year since 2018.
Expert insights. Personalized for you.
88 
Let's personalize your content