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PayFac as a Service: What Is It and How to Offer It

Natalia Luneva

The number of Payment Facilitators (PayFacs) has grown 13.8% This shows how fast this model is growing. For businesses, this means they can use payment systems without starting from scratch. PayFac as a Service lets companies add payment processing to their platforms. each year since 2018.

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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. T his payments model, while the most lucrative, requires a considerable amount of time, capital, payments expertise , and a full assumption of risk. We will explore the risk s in more detail in the next section. What is PayFac-as-a-Service?

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Master merchant: Definition, types, and examples

Payrix

A master merchant can serve both card-not-present and in-person (card-present) sub-merchants, providing solutions that suit the needs of diverse business models. Listen now Events Driving growth through seamless payments implementation Watch this on demand webinar to learn strategies for a friction-free launch of PayFac-as-a-Service.