Remove Banking Remove Embedded Payments Remove PayFac as a Service
article thumbnail

Payfac-as-a-Service: A Smarter Way to Handle Payments at Scale

USIO

The embedded finance market—including Payfac-as-a-Service—is projected to exceed $7 trillion in global transaction volume by 2030. I f you’re running a SaaS platform, marketplace, or digital-first business, you’ve probably already bumped into the complexities of payment processing. What Is Payfac-as-a-Service?

article thumbnail

PayFac-as-a-Service vs Full Payment Facilitation: A Developer’s Guide

USIO

Should you become a full Payment Facilitator (PayFac)? Or should you partner with a PayFac-as-a-Service provider? At its core, a Payment Facilitator is a master merchant that onboards and manages sub-merchants under its own payment umbrella. You become the bank’s trusted partner. Not optional.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Payment processor: Definition, types, and examples

Payrix

To operate as an integrated software vendor (ISV) or payment facilitator, a software company requires a relationship with an acquiring bank and a payment processor. The processor is responsible for processing and settling the transactions initiated by the payment facilitators merchants, but they can also offer so much more.

article thumbnail

How to grow your field service platform’s revenue up to 3x with payments

Payrix

In todays competitive software market, forward-thinking trade and field service platforms are no longer asking if they should modernize their payment infrastructure, theyre working diligently to source the right payments partner to implement innovative solutions before their competitors beat them to the punch.

Payments 100
article thumbnail

Essential Guide to ISV Integrated Payments: Benefits and Best Practices

Stax

If youre a software provider looking to boost revenue, streamline operations, and deliver more value to your users, ISV integrated payments can be a game-changer. Embedding payments directly into your platform can unlock tremendous benefits both for you and your users. Are there white-label or PayFac-as-a-Service options?

article thumbnail

Payment processor: Definition, types, and examples

Payrix

To operate as an integrated software vendor (ISV) or payment facilitator, a software company requires a relationship with an acquiring bank and a payment processor. The processor is responsible for processing and settling the transactions initiated by the payment facilitators merchants, but they can also offer so much more.

article thumbnail

How to prepare your software users for merchant underwriting

Payrix

As a software company getting ready to or thinking about embedding payments into your platform, there is much to consider. Looking for more information on Embedded Payments? Check out our helpful guide: Complete Guide to Embedded Payments. Ready to explore the platform?