Remove Branding Remove Marketplace as a Service Remove Payfac Remove Payment Features
article thumbnail

Payment Facilitator vs Payment Gateway: Key Differences and Similarities

Stax

In this article, we’ll dive into the intricacies of two types of players in the eCommerce ecosystem: payment gateways and payment facilitators. The high-level difference is when and how to deploy them as part of the payment process. A PayFac, by contrast, handles the bank’s interaction with a number of merchants.

article thumbnail

What Is an ACH Payment Facilitator?

Stax

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.