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Embedded Payments Embedded Payments include three types of payment models that SaaS platforms use to manage their transactions: integrated payments or referral partnerships, PayFac-as-a-service, and payment facilitation, or PayFac. Learn more about the types of Embedded Payments.
New revenue streams With integrated payments, youre no longer just a software provideryoure also part of the transaction flow. That opens the door to revenue streams like: Payment processing fees Earn a share of every transaction processed through your platform. Are there white-label or PayFac-as-a-Service options?
Embedded Payments Embedded Payments include three types of payment models that SaaS platforms use to manage their transactions: integrated payments or referral partnerships, PayFac-as-a-service, and payment facilitation, or PayFac. Learn more about the types of Embedded Payments.
At a very high level, a referral partnership is an integrated payments model. You as the software company make an agreement with a payment processor to become one of their referral partner s. You as the software company make an agreement with a payment processor to become one of their referral partner s.
A master merchant, often referred to as a payment facilitator or merchant aggregator, is a third-party agent that acts as the link between acquirers and online merchants. The master merchant model is common in industries that involve marketplaces or platforms with multiple sellers or service providers.
Interchange data (level 2 & level 3 data) Interchange (level 2 & level 3) data refers to specific transaction info submitted by merchants during transaction processing, aiding credit card companies in categorizing payment processors for various interchange rates. Android Pay, Apple Pay, Samsung Pay, etc.)
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