USIO

FEBRUARY 13, 2024

Two prominent solutions that have emerged in recent years are integrated payments and Payfac-as-a-Service. Payfac-as-a-Service: Payfac-as-a-Service, short for Payment Facilitator as a Service, is a model where a third-party service provider facilitates payment processing on behalf of multiple sub-merchants.

Merchant Services 130

Merchant Services PayFac as a Service Payment Services Marketplace as a Service 130

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

Payrix

JANUARY 30, 2024

Durrett explained that Storable is the culmination of several best-in-class acquisitions, including multiple software companies, a marketplace company, and a couple of insurance companies. Payrix also provides Storable the option to become a fully registered payfac when the time is right.

Payment Services 130

Payment Services Payments Merchant Services Payment Solutions 130