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In todays competitive software market, forward-thinking trade and field service platforms are no longer asking if they should modernize their payment infrastructure, theyre working diligently to source the right payments partner to implement innovative solutions before their competitors beat them to the punch.
With their sights set on elevating the customer experience, deepening user engagement, and driving sustainable growth, there’s one thing software companies are making room for in their roadmap: Embedded Payments. However, not all Embedded Paymentssolutions are built under the same standards.
Before we dive into the risks associated with payments, let’s review why embedding payments is good for SaaS businesses and the three payment processing solutions available to software companies today. What are the benefits of adding payments to vertical software?
Interested in learning more about software-led payments or joining the current Embedded Payments conversations in your organization? Do you find yourself listening to industry leaders and colleagues use terms like PayFac, PCI DSS, and tokenization and casually scratching your head in confusion?
As a software company getting ready to or thinking about embedding payments into your platform, there is much to consider. We’ve equipped you with everything you need to know to properly prepare your software users for this important milestone to create a more seamless experience. What does the merchant experience look like?
Imagine cutting years off paymentsystem setup. The number of Payment Facilitators (PayFacs) has grown 13.8% For businesses, this means they can use paymentsystems without starting from scratch. PayFac as a Service lets companies add payment processing to their platforms.
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