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Integrated Payments vs. Payfac-as-a-Service: What Developers Need to Know

USIO

Two prominent solutions that have emerged in recent years are integrated payments and Payfac-as-a-Service. Integrated Payments: Integrated payments refer to the seamless incorporation of payment processing capabilities within existing software or systems.

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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. Learn more about the types of Embedded Payments.

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Embedded Payments explained: Everything software companies need to know

Payrix

Referral partnerships Often referred to as Integrated Payments , this model connects the payment processing with point-of-sale (POS) system software that can sync with other business-critical systems. Embedded vs. integrated payments: What’s the difference between referral partnerships, PayFac, and PayFac-as-a-Service?

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

Payrix

From there, once your merchants are ready to set up payments for their business, you refer them directly to the pa yment process or and receive a referral fee. We will explore the risk s in more detail in the next section. What is PayFac-as-a-Service? In between referral partnership and PayFac is PayFac-as-a-Service.

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Essential Guide to ISV Integrated Payments: Benefits and Best Practices

Stax

Fewer tools to juggle, less manual entry, and faster payment collection means happier customers who are more likely to stick around (and refer others!) Are there white-label or PayFac-as-a-Service options? Streamlined business operations An integrated payments system can simplify your internal workflows, too.

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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. Learn more about the types of Embedded Payments.

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Master merchant: Definition, types, and examples

Payrix

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 merchantis the primary account holder for a payment processing system, overseeing and managing multiple subordinate accounts, often referred to as sub-merchants.