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How to Choose Between a Payment Facilitator (PayFac) and a Merchant of Record (MoR) for Your Business

Subscription Flow

The success of your business can be greatly impacted by your choice of payment processing model in the dynamic world of eCommerce and online business. To simplify the intricacies of payment processing, two well-known solutions have surfaced: Payment Facilitators (PayFacs) and Merchants of Record (MoRs).

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How to Maintain Anti-Money Laundering Compliance as a PayFac

Stax

For any merchant selling products or services online, it’s always a good idea to allow customers to make payments on their platform itself—instead of redirecting them to a third-party website or gateway. With the global economy moving online, corruption, fraud, trafficking, and other illicit activities continue to rise.

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Usio Partner Goes from $0-$7.5million in Processing, Adds $35,000 to Bottom Line

USIO

Usio Partner Snapshot BoosterHub provides an integrated platform for high school booster clubs to manage fundraising, ticketing, communication, volunteers, schedules, products, concessions, accounting, files, and website. To learn more about Usio Payfac-as-a-Service, or Integrated Payments visit usio.com/integrated-payments/.

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Thanks to Capchase, Intellum, Pilot, SafeBase, and Tilled for Sponsoring SaaStr Annual 2022!

SaaStr

The Intellum Platform includes all the tools an organization needs to create, manage, track and improve highly-personalized learning experiences for customers, partners and even employees. We enable these companies to enjoy all the benefits of a fully registered payment facilitator program without the upfront cost, hassle, or liability.

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Pumped up profits, with less heavy lifting

Payrix

Nick first marketed the fitDEGREE app to college recreation centers, and it only consisted of registration and inventory control features. Nick realized that adding payments to the software product was the only way he could continue to compete in the space, so he took the opportunity. I work with small, local business owners.

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How to Streamline Your SaaS Clients’ Merchant Underwriting Process—and Improve Adoption Rates

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Offering payment processing services is a move that makes sense for a lot of SaaS companies, particularly if your software helps your customers run their business. For example, if you have a project management app, then you can add payment features that allow people to use your software to take payments from their clients.

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ISV vs PayFac: The Similarities and Differences Between Independent Software Vendors and Payment Facilitators

Stax

The writing on the wall is clear—businesses need to start accepting digital payments and software providers need to start offering payment services one way or another. 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.