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

USIO

Two prominent solutions that have emerged in recent years are integrated payments and Payfac-as-a-Service. While both aim to simplify payment processes, understanding the nuances between the two is crucial for businesses to make informed decisions about which solution best suits their needs.

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Payment processor: Definition, types, and examples

Payrix

A cardholder initiates the payment for a purchase or service to the merchant or service provider with their payment information from a credit card, debit card, or bank account. It allows cardholders to conveniently pay for purchases directly from their devices instead of using their physical debit or credit cards.

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A sneak peek at how Payrix implements Embedded Payments

Payrix

An overview of the Payrix Embedded Payments solution Embedded Payments come in various forms, but customers of Payrix have specifically sought out our PayFac-as-a-Service solution for its perfect balance of customization, control, and time-to-value.

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Payment processor: Definition, types, and examples

Payrix

A cardholder initiates the payment for a purchase or service to the merchant or service provider with their payment information from a credit card, debit card, or bank account. It allows cardholders to conveniently pay for purchases directly from their devices instead of using their physical debit or credit cards.

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How to prepare your software users for merchant underwriting

Payrix

For more information on what merchant underwriting is, check out our blog: The essential elements of merchant underwriting for software companies. Step 3: Follow up The underwriter will reach out if they require any other information or clarification from the merchant. Looking for more information on Embedded Payments?

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Essential Guide to ISV Integrated Payments: Benefits and Best Practices

Stax

Are there white-label or PayFac-as-a-Service options? Of course, a merchant can manually process any failed payments after speaking to the customer, or manually input credit card payment information by manually entering credit card payment data. Ask questions like: How is revenue shared between the ISV and payment provider?

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Glossary: 117 software-led payments terms to know

Payrix

Terms related to card acceptance Acceptance marks Signifies which payment brands are accepted at a merchant location and provides the cardholder with information on where his or her card can be used. They underwrite and onboard the sub-merchants and provide them with the products and services required to process electronic payments.