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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. For example, the breakdown of old hardware, human errors, or malware can cause a hindrance to payments.

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How Much Do Credit Card Companies Charge Merchants?

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As well as improving profit margins, these activities can also enhance the customer experience and give merchants a competitive advantage in the marketplace. Credit card fees, including interchange, assessment, and payment processor fees, impact businesses on a per-transaction or recurring basis.