Remove Investment Remove Payfac Remove Payment Facilitation Remove Payments
article thumbnail

Checking all the boxes

Payrix

Storable , the leading provider of all-in-one software for the self-storage industry, has a vision for its payments solution that is reminiscent of the industry it serves. As John Durrett, General Manager of Payments for Storable, recently explained in a sit down with Payrix, Storable wants to make payments “invisible” for its customers.

article thumbnail

Understanding Risk Management Strategies as a PayFac

Stax

For SaaS companies, becoming a payment facilitator (or PayFac) offers a ton of advantages—including but not limited to—boosting retention and profitability while exercising greater control over the customer experience. However, several complex types of risks come along with this.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Beyond PCI Compliance: Why Data Security is Key to Growth and Success [Webinar Recap]

Stax

Having a secure platform for managing customer and payment data is paramount to building and maintaining trust, and you can’t do that with poor systems and practices. In our latest webinar, Garrek Harris, Director of Platform Management at Stax, discussed the ins and outs of data security for merchants and ISVs.

article thumbnail

Webinar Recap: Deconstructing the Myths About the Payfac Model – March 2023

Infinicept

Deconstructing the Myths About the Payment Facilitator Model Being a Payfac has many touted benefits: you bring payments in-house, increase gross revenue, and have more control over the merchant experience. Join us as we debunk common myths and uncover the truth about what it.

Payfac 52
article thumbnail

What Is an ACH Payment Facilitator?

Stax

Automated Clearing House (ACH) payments are a type of electronic bank-to-bank payment system in the US. Unlike payments facilitated by card networks like Visa or Mastercard, ACH payments are managed by a body called the National Automated Clearing House Association (NACHA). Let’s get started.

article thumbnail

Webinar Recap: Deconstructing the Myths of Becoming a Payfac – December 2022

Infinicept

Deconstructing the Cost of Becoming a Payment Facilitator (Part 4 of the Payments Education Webinar Series) Being a payment facilitator has many touted benefits: you bring payments in-house, you get more revenue, and more control over the merchant experience.