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Payment facilitation and risk management: What do vertical software companies need to know?

Payrix

From there, once your merchants are ready to set up payments for their business, you refer them directly to the pa yment process or and receive a referral fee. We will explore the risk s in more detail in the next section. What is PayFac-as-a-Service? In between referral partnership and PayFac is PayFac-as-a-Service.

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Embedded Payments explained: Everything software companies need to know

Payrix

Referral partnerships Often referred to as Integrated Payments , this model connects the payment processing with point-of-sale (POS) system software that can sync with other business-critical systems. This experience allows software companies to monetize payments without taking on the risk and compliance that comes with payment processing.

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