Stax

DECEMBER 4, 2023

The US, therefore, requires financial institutions as well as financial services firms to have anti-money laundering (or AML) compliance programs in place. In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). Non-compliance can have major implications.

Merchant Services 88

Merchant Services Payment Services Payfac compliance 88

Subscription Flow

NOVEMBER 7, 2023

To simplify the intricacies of payment processing, two well-known solutions have surfaced: Payment Facilitators (PayFacs) and Merchants of Record (MoRs). Understanding Payfac vs Merchant of Record Payment Facilitators (Payfacs) and Merchants of Record (MoRs) are two different ways to process payments.

Merchant Services 59

Merchant Services Payment Services Payment Facilitation Payfac 59

SaaStr

SEPTEMBER 8, 2022

Share security advisories, compliance updates, and more in various channels using Trust Center Updates. Welcome to Payfac-as-a-service. For far too long, options like Stripe and Braintree have had a monopoly on the market, and have charged far too much for their services. appeared first on SaaStr.

SaaS Payments 217

SaaS Payments Payment Services PayFac as a Service Payfac 217

Payrix

JANUARY 30, 2024

Nick first marketed the fitDEGREE app to college recreation centers, and it only consisted of registration and inventory control features. 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.

Payment Services 130

Payment Services Payments Merchant Services Payment Solutions 130

Stax

FEBRUARY 15, 2024

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. There are two main ways that an ISV can become a payment provider—by adopting the ISO model or the PayFac model. What Is an ISV vs PayFac?

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 88

Payrix

MARCH 20, 2024

In a market shaped by fierce competition, emerging technologies, and dominating customer expectations, B2B software companies have evaluated many angles of differentiation to keep the attention of their customers. Among the most recent strategies proving successful for software companies is Embedded Payments.

Payments 147

Payments Embedded Payments Payment Services Payment Solutions 147