This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In todays competitive software market, forward-thinking trade and field service platforms are no longer asking if they should modernize their payment infrastructure, theyre working diligently to source the right payments partner to implement innovative solutions before their competitors beat them to the punch.
In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). Key AML Requirements for PayFacs Now that we’ve covered the basics of AML compliance and its role in the financial system, let’s dive deeper into how PayFacs can help. Let’s get started.
The year 2024 is a special one for everyone at Stax because we’re celebrating a decade of transforming the payments industry and supporting our merchants and partners with innovative technologies and unwavering support. Launching PayFac and ISV solutions In 2019 and 2020, Stax became more than just a payment processor for merchants.
This shift presents opportunities for innovative companies to leverage changes for growth. Those that fail to adapt risk losing market share to more innovative players. This episode reinforces the importance of innovation, adaptability, and long-term vision in the ever-evolving payments industry. Plug, plug, plug.
Behind the scenes: key components of integrated payments In order for integrated payments to work, youll typically integrate with a payment gateway or payment facilitator (PayFac). Are there white-label or PayFac-as-a-Service options? Everythingfrom the payment form to transaction processinghappens under your brand. Contact sales 2.
However, for our Payrix partners, we use innovative technology, machine-learning, and automation to streamline the underwriting process, alleviating the pains traditionally associated with the merchant boarding experience. But it doesn’t have to continue like this.
37 years later, Real Green is the innovative leader in software for the industry. Real Green’s journey to embedded payments is also rooted in innovation. Bill pay was an important part of Real Green’s passion for innovation.
When it comes to software, success doesn’t hinge on innovation alone. I mean, we have a PayFac customer right now, that’s transitioning their whole payments model. Instead, it’s about understanding how to harness efficient growth. The other side of it is companies are still faced with challenging market conditions.
Also, businesses that need to hunt investors for their innovative projects must opt for Merchant of Record (MoR) services. Also Read: How to Choose Between a Payment Facilitator (PayFac) and a Merchant of Record (MoR) for Your Business How to Use MoR for Your Online Transactions?
Usio is leading the charge with its innovative offerings, including Payfac-as-a-Service… Source The post The Power of Combining Multiple Payment Solutions with One Vendor appeared first on USIO. One effective strategy is to partner with a single vendor that offers a comprehensive suite of payment solutions.
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 ?
Time to Market Becoming a registered PayFac can take over a year and cost more than $1M. That means more control, more stability, and faster innovation. Usio owns and operates its full payment stackACH, card processing, prepaid disbursements, invoice print & mailwhich means fewer handoffs and faster fixes. White-glove onboarding.
With just a few SDK integrations, the partner became a full-fledged PayFac in weeks , not months. The Usio Embedded Payments Platform: A Game-Changer The Usio solution provided everything: merchant onboarding, compliance, PCI, and underwritingall through a white-labeled platform. There was no upfront costjust new revenue.
We organize all of the trending information in your field so you don't have to. Join 80,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content