Payrix

JANUARY 28, 2025

AIs role in payments Artificial intelligence is reshaping the payments landscape. We were the original author of the PayFac model on the trademark. He encouraged software companies to anticipate customer needs and offer solutions that feel natural, delivering delight without additional effort. Plug, plug, plug.

Payments 130

Payments Payment Solutions Merchant Services Payment Methods 130

Stax

APRIL 3, 2025

This requires the merchant to become a registered payment facilitator or PayFac. A PayFac is a payment service provider for eCommerce merchants. This model works by having a master merchant account (and master merchant ID) through having a relationship with an acquiring bank.

Payment Methods 88

Payment Methods Merchant Services Payment Solutions Payment Services 88

Stax

AUGUST 22, 2024

Two of the most popular payment solution providers for businesses looking to accept digital payments are payment processors and payment facilitators (PayFacs). PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks.

Merchant Services 88

Merchant Services Payment Services Payfac SaaS Payments 88

Stax

DECEMBER 4, 2023

In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). Key AML Requirements for PayFacs Now that we’ve covered the basics of AML compliance and its role in the financial system, let’s dive deeper into how PayFacs can help. Let’s get started.

Merchant Services 88

Merchant Services Payment Services Payfac Technical Review 88

Payrix

AUGUST 14, 2024

However, for our Payrix partners, we use innovative technology, machine-learning, and automation to streamline the underwriting process, alleviating the pains traditionally associated with the merchant boarding experience. But it doesn’t have to continue like this.

Merchant Services 100

Merchant Services Payment Services Payments Software Review 100

Stax

JANUARY 17, 2024

In this article, we’ll discuss everything you need to know about the ACH payment facilitator model and how SaaS companies can go about facilitating ACH payments easily. An ACH payment facilitator, therefore, is simply a PayFac that allows users to accept payments through an electronic bank-to-bank network. Let’s get started.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Natalia Luneva

APRIL 22, 2025

To start your PayFac journey, you’ll need to do several important things. Now, lets take a look at the steps of how to become a PayFac. Pre-Assessment The PayFac pre-assessment phase will help you check if you’re ready to be a payment facilitator. Make sure your business model fits the payment processing needs.

Payment Services 40

Payment Services Merchant Services Payfac SaaS Payments 40