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Integrated Payments vs. Payfac-as-a-Service: What Developers Need to Know

USIO

Introduction: In the ever-evolving landscape of financial technology, businesses are constantly seeking efficient and seamless ways to handle transactions. Two prominent solutions that have emerged in recent years are integrated payments and Payfac-as-a-Service. This can lead to increased customer satisfaction and loyalty.

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Understanding Risk Management Strategies as a PayFac

Stax

For SaaS companies, becoming a payment facilitator (or PayFac) offers a ton of advantages—including but not limited to—boosting retention and profitability while exercising greater control over the customer experience. However, several complex types of risks come along with this. could also be classified as operational risks.

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Thanks to Capchase, Intellum, Pilot, SafeBase, and Tilled for Sponsoring SaaStr Annual 2022!

SaaStr

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.

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Payment Facilitator vs Payment Gateway: Key Differences and Similarities

Stax

Each day, it becomes increasingly crucial for every business to accept online payments in order to remain competitive and avoid being left behind. You’ll learn the similarities, differences, and when and where to employ each type of solution for your business.

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What Is Merchant of Record (MoR)? How It Can Become the Backbone of Your Online Transactions

Subscription Flow

Establishing a smooth and streamlined online transaction processing setup is important for every business. So, many companies have started offering Merchant of Record payment processing services. Also, businesses that need to hunt investors for their innovative projects must opt for Merchant of Record (MoR) services.

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What Is an ACH Payment Facilitator?

Stax

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.

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Checking all the boxes

Payrix

You never think about self-storage businesses until you need one. And like many businesses, Storable has seen credit card payments go through the roof since the start of the pandemic. Payrix also provides Storable the option to become a fully registered payfac when the time is right.