Stax

FEBRUARY 15, 2024

FIS Global reports that in Norway, Sweden, and other Scandinavian countries, more than 90% of transactions processed at point-of-sale (POS) in 2023 were cashless. 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.

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 88

Stax

APRIL 3, 2025

Theyre easy to integrate and set up, with the host taking care of data security measures, including PCI compliance and fraud protection. On top of PCI compliance, you might have to pay extra for SSL (Secure Sockets Layer) certification. This requires the merchant to become a registered payment facilitator or PayFac.

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Payrix

FEBRUARY 4, 2025

Many technologies and services are involved from POS terminals to card networks to payment gateways so its essential that the payment processor can work closely with them to help authorize and settle every transaction as securely, efficiently, and quickly as possible and stay in compliance with regulations and industry standards.

Payment Services 100

Payment Services Payments Merchant Services SaaS Payments 100

Payrix

FEBRUARY 4, 2025

The master merchant establishes a relationship with a payment processor or acquiring bank and is responsible for ensuring compliance with payment regulations, handling transaction processing, and managing risks associated with payments on behalf of the sub-merchants. fraud prevention, and risk management.

Merchant Services 100

Merchant Services Payment Services Payments SaaS Payments 100

Payrix

FEBRUARY 4, 2025

The setup connects payment processing with a point-of-sale (POS) system software that can sync with other business-critical systems and streamline processes. Security, risk, and compliance: Security is crucial dont leave it to chance 7. Listen now Podcast What is PCI attestation of compliance (AoC)?

Payments 100

Payments Payment Services Merchant Services Payment Methods 100

USIO

MAY 13, 2024

Receiving the highest level of security and compliance with Nacha standards. 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. With time passing on, contactless payments are becoming more and more popular.

Payment Methods 264

Payment Methods Payment Services Payments Payment Solutions 264

Payrix

FEBRUARY 4, 2025

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.

Payment Services 100

Payment Services Merchant Services Payment Solutions Payment Methods 100

Stax

JANUARY 22, 2024

TL;DR Payment gateways and PayFacs are both players in the digital payment process with similar goals in mind: secure and low-risk payments while providing seamless, fast, and positive customer experiences. A PayFac, by contrast, handles the bank’s interaction with a number of merchants. What is a Payment Facilitator (or PayFac)?

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

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

Natalia Luneva

APRIL 22, 2025

To start your PayFac journey, you’ll need to do several important things. Now, lets take a look at the steps of how to become a PayFac. Pre-Assessment The PayFac pre-assessment phase will help you check if you’re ready to be a payment facilitator. Make sure your business model fits the payment processing needs.

Payment Services 40

Payment Services Merchant Services Payfac SaaS Payments 40

Stax

MAY 6, 2024

We talked about PCI compliance (and beyond) and what organizations can do to stay on top of all things data security. TL;DR Data security and PCI compliance are critical for growth. Learn More What is PCI compliance? Doing so ensures data remains protected at every point in the payment processing journey.

Payment Services 88

Payment Services Merchant Services compliance SaaS Payments 88

USIO

JUNE 5, 2025

Whether youre a CFO decoding a board deck, a startup founder building embedded payments, or just trying to survive your first PayFac meeting Usio is here to simplify your payments (and your acronyms). Youre now officially bilingual: English and FinTech. Want to see what happens when payments actually make sense ?

Merchant Services 130

Merchant Services Payment Services Payments SaaS Payments 130

Payrix

APRIL 15, 2025

An independent sales organization commonly referred to as an ISO is a third-party organization that sells products or services on behalf of another organization. These can include payment processing solutions, point-of-sale (POS) systems, and other financial or payment security services.

Payments 100

Payments Merchant Services Payment Services Payment Solutions 100

Natalia Luneva

MAY 12, 2025

As businesses increasingly rely on diverse payment processing solutions, you should understand the distinctions between Payment Facilitators ( PayFacs ) and Independent Sales Organizations (ISOs). Key Takeaways Understanding the roles of PayFacs and ISOs helps in effective payment processing.

Merchant Services 40

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