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APRIL 3, 2025

Its the bridge between an eCommerce website, its customers, and the bank. Its the third-party service that serves as the link between the payment gateway, acquiring bank, and issuing bank or card network. It works in tandem with the customers bank or credit card provider to verify and authorize the transaction.

Payment Methods 88

Payment Methods Merchant Services Payment Solutions Payment Services 88

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MAY 23, 2025

Behind the scenes: key components of integrated payments In order for integrated payments to work, youll typically integrate with a payment gateway or payment facilitator (PayFac). Payouts and reporting: Ensuring funds reach the merchants bank account and offering tools to track and manage transactions. Learn more.

Payments 88

Payments Payment Services Merchant Services SaaS Payments 88

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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

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JANUARY 8, 2024

For SaaS companies, becoming a payment facilitator (or PayFac) offers a ton of advantages—including but not limited to—boosting retention and profitability while exercising greater control over the customer experience. Even the organizational shake-up that comes with the decision to become a PayFac may disrupt your core business.

Merchant Services 88

Merchant Services Payfac Payment Services SaaS Payments 88

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FEBRUARY 15, 2024

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. There are two main ways that an ISV can become a payment provider—by adopting the ISO model or the PayFac model. What Is an ISV vs PayFac?

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 88

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DECEMBER 4, 2023

In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). The Bank Secrecy Act (BSA) establishes AML program requirements for financial institutions in the US while the USA Patriot Act lays down which entities are required to comply. Let’s get started.

Merchant Services 88

Merchant Services Payment Services Payfac Technical Review 88

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JANUARY 17, 2024

Automated Clearing House (ACH) payments are a type of electronic bank-to-bank payment system in the US. 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.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88