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

Payrix

What is a PayFac® developer? As a PayFac developer , software companies become their own payment facilitator , and therefore, can offer payment processing services directly to their merchants. We will explore the risk s in more detail in the next section. What is PayFac-as-a-Service?

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Pumped up profits, with less heavy lifting

Payrix

Its payfac-as-a-service solution — Payrix Pro — enabled Nick to control the onboarding and customer service, while Payrix managed the processing, compliance, and most of the risk and liability. GET A DEMO I didn’t want the liability issues either.” Get started today.