SaaStr

SEPTEMBER 8, 2022

Pilot’s leading team of US-based experts, supported by elegant software, delivers world-class bookkeeping, tax, and CFO services trusted by growing businesses like yours. Let Pilot focus on your financials, so you can focus on your business. Welcome to Payfac-as-a-service. appeared first on SaaStr.

SaaS Payments 222

SaaS Payments Payment Services PayFac as a Service Payfac 222

Payrix

JANUARY 30, 2024

That simple idea eventually led to fitDEGREE, Nick’s growing software startup for class-based fitness studios that want a more community-driven way to manage their local business. I work with small, local business owners. These are people who value their family as much as they value owning a business.

Payment Services 130

Payment Services Payments Merchant Services Payment Solutions 130

Infinicept

FEBRUARY 9, 2023

Complying with card network rules (and demonstrating that you are) is a critical part of doing business in payments. Whether you’re an acquirer, a Payfac, or an ISO, you have to have solid processes and procedures in place to proactively guard against risk.

Payment Services 93

Payment Services Payfac compliance Business 93

Agile Payments

JANUARY 9, 2020

A Payment Facilitator or PayFac acts as a the Master Merchant. The Payment Facilitator is responsible for regulatory compliance and has financial risk of their sub-users. The Payment Facilitator is responsible for regulatory compliance and has financial risk of their sub-users.

Payment Services 100

Payment Services SaaS Payments Payment Facilitation Merchant Services 100

Subscription Flow

JANUARY 1, 2024

Establishing a smooth and streamlined online transaction processing setup is important for every business. Also, businesses that need to hunt investors for their innovative projects must opt for Merchant of Record (MoR) services. MoR service providers take complete responsibility of payment processing for a business.

Merchant Services 52

Merchant Services Payment Services Payment Methods Payments 52

Subscription Flow

NOVEMBER 10, 2023

Beyond simple semantics, the relationship between Merchant of Record (MoR) and Seller of Record (SoR) involves legal frameworks, financial ramifications, and operational nuances that influence how business transactions are conducted. To comply with them is important if you want to get paid from your customers in time.

Merchant Services 52

Merchant Services Payment Services Payment Facilitation Payment Features 52

Stax

FEBRUARY 15, 2024

The writing on the wall is clear—businesses need to start accepting digital payments and software providers need to start offering payment services one way or another. 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. What Is an ISV vs PayFac?

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 88

Payrix

MARCH 20, 2024

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.

Payments 147

Payments Embedded Payments Payment Services Payment Solutions 147

Stax

JANUARY 17, 2024

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. An ACH payment facilitator, therefore, is simply a PayFac that allows users to accept payments through an electronic bank-to-bank network.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Subscription Flow

JANUARY 19, 2024

If the process is not secure, then you run the risk of losing your customers’ trust resulting in catastrophic consequences for your business. When it comes to the payments space, many business owners are unclear about the differences between Payment Aggregator vs Payment Facilitator. It is not just about processing payments.

Payment Services 59

Payment Services SaaS Payments Merchant Services Payment Facilitation 59