article thumbnail

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

Payrix

1 Your annual payments revenue opportunity range is estimated based on go-to-market pricing and estimated interchange fees. By leveraging Payrix Pro , our PayFac-as-a-Service solution, this software platform was able to achieve their vision quickly all while delivering a superior product and customer experience.

Payments 100
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% PayFac as a Service lets companies add payment processing to their platforms. Key Takeaways PayFac as a Service reduces PayFac setup time from years to days, slashing costs by millions. each year since 2018. This is up from $32 billion in 2023.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Usio + ues.io: App Development with Integrated Payments

USIO

Usio Payfac-as-a-service solution offers a comprehensive suite of features designed to simplify payment processing for businesses of all sizes. Competitive Rates and Flexible Contracts: Benefit from Usio competitive pricing and avoid long-term commitments. application. Key benefits for ues.io applications using a single API.

Payments 130
article thumbnail

Essential Guide to ISV Integrated Payments: Benefits and Best Practices

Stax

But how you earn depends on the providers pricing model and revenue-sharing structure. Are there white-label or PayFac-as-a-Service options? Can you set custom pricing for your merchants? ISVs will increasingly turn to data analytics to drive product decisions and refine pricing strategies.

article thumbnail

Pumped up profits, with less heavy lifting

Payrix

Its payfac-as-a-service solution — Payrix Pro — enabled Nick to control the onboarding and customer service, while Payrix managed the processing, compliance, and most of the risk and liability. Fees and transparent pricing were also an important factor for choosing Payrix. I’m a studio management company. It’s relatable.”

article thumbnail

Glossary: 117 software-led payments terms to know

Payrix

Pass-through pricing Form of card processing pricing that allows the actual cost of processing (interchange, assessment, and processor fees) to be passed directly to the merchant; benefits of this pricing model include transparency and potentially lower costs when compared to discount rates.