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Glossary: 117 software-led payments terms to know

Payrix

Do you find yourself listening to industry leaders and colleagues use terms like PayFac, PCI DSS, and tokenization and casually scratching your head in confusion? Payment facilitator (PayFac) A merchant registered by an acquirer to facilitate transactions on behalf of sub-merchants. Youve come to the right place.

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Understanding Risk Management Strategies as a PayFac

Stax

Two of the most popular payment solution providers for businesses looking to accept digital payments are payment processors and payment facilitators (PayFacs). PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks.

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How to grow your field service platform’s revenue up to 3x with payments

Payrix

By leveraging Payrix Pro , our PayFac-as-a-Service solution, this software platform was able to achieve their vision quickly all while delivering a superior product and customer experience. How you will get your customers to adopt your new payments solution will also play an integral role in accelerating your time to revenue.

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Usio Partner Goes from $0-$7.5million in Processing, Adds $35,000 to Bottom Line

USIO

Usio Partner Snapshot BoosterHub provides an integrated platform for high school booster clubs to manage fundraising, ticketing, communication, volunteers, schedules, products, concessions, accounting, files, and website. To learn more about Usio Payfac-as-a-Service, or Integrated Payments visit usio.com/integrated-payments/.

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Glossary: 117 software-led payments terms to know

Payrix

Do you find yourself listening to industry leaders and colleagues use terms like PayFac, PCI DSS, and tokenization and casually scratching your head in confusion? Payment facilitator (PayFac) A merchant registered by an acquirer to facilitate transactions on behalf of sub-merchants. Youve come to the right place.

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How to Streamline Your SaaS Clients’ Merchant Underwriting Process—and Improve Adoption Rates

Stax

SaaS companies can avoid having to integrate their software with that of gateways and banks, undergo thorough merchant underwriting, and submit mountains of documents by working with a trusted PayFac like Stax to make their software more comprehensive for their clients. What Is Merchant Underwriting?

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The Benefits of Digital Disbursements

USIO

Contactless payments is a newer payment method where a device will communicate wirelessly with a point of scale (POS) instead of having a more physical interaction. Overall, digital disbursements offer a more efficient, cost-effective, and secure way to make payments, benefiting both businesses and their recipients.