Remove PayFac as a Service Remove Payment Features Remove Strategy
article thumbnail

Payment processor: Definition, types, and examples

Payrix

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. How do payment processors secure payments?

article thumbnail

How to grow your field service platform’s revenue up to 3x with payments

Payrix

Perhaps your platform is specifically designed for HVAC businesses and does everything from route management to inventory to CRM all while processing and reconciling one-time and recurring payments. This is common when outsourcing payments. Theres more to this strategy than just the nice revenue bump.

Payments 100
Insiders

Sign Up for our Newsletter

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

article thumbnail

Essential Guide to ISV Integrated Payments: Benefits and Best Practices

Stax

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?

article thumbnail

PayFac as a Service: What Is It and How to Offer It

Natalia Luneva

The number of Payment Facilitators (PayFacs) has grown 13.8% For businesses, this means they can use payment systems without starting from scratch. PayFac as a Service lets companies add payment processing to their platforms. This turns payments into a way to make money, not just a cost.

article thumbnail

Payment processor: Definition, types, and examples

Payrix

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. How do payment processors secure payments?

article thumbnail

Payment facilitation and risk management: What do vertical software companies need to know?

Payrix

This blog post will shed light on the risks associated with adding payments to your software, and ultimately, help you determine what payment model makes the most sense for your unique vertical and business strategy. At a very high level, a referral partnership is an integrated payments model.

article thumbnail

Master merchant: Definition, types, and examples

Payrix

The master merchant model is common in industries that involve marketplaces or platforms with multiple sellers or service providers. Key answers for platforms | Episode 47 For software platforms handling payments, achieving PCI compliance is a critical step toward ensuring security and building trust with customers.