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

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

Payrix

At a very high level, a referral partnership is an integrated payments model. You as the software company make an agreement with a payment processor to become one of their referral partner s. In this model, your organization assume s no ne of the payments risk and subsequently , has little control over the customer experience.

article thumbnail

Pumped up profits, with less heavy lifting

Payrix

Its payfac-as-a-service solution ā€” Payrix Pro ā€” enabled Nick to control the onboarding and customer service, while Payrix managed the processing, compliance, and most of the risk and liability. Maintaining control over the customer experience is also crucial to the fitDEGREE brand. Iā€™m a studio management company.