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The embedded finance market—including Payfac-as-a-Service—is projected to exceed $7 trillion in global transaction volume by 2030. What Is Payfac-as-a-Service? Why Payfac-as-a-Service Beats Traditional Payment Models 1. With Payfac, you can onboard sub-merchants in minutes—not days. The compliance.
Should you become a full Payment Facilitator (PayFac)? Or should you partner with a PayFac-as-a-Service provider? PayFac-as-a-Service gives you all the benefits of embedded payments —but without the regulatory weight and operational lift. You’re building an entire financial infrastructure.
This is ideal for software companies looking to scale. Within the Embedded Payments structure, integrated payments are also known as referral partnerships. By earning a share of the processing fees on every transaction your customers process through your platform, you can create a new revenue stream and generate recurring cash flow.
If you already have payments volume on your platform, you may be finding that these sales just arent generating the kind of revenue you need to scale. 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.
It can also make it easier to manage compliance, automate reporting, and scale operations. Are there white-label or PayFac-as-a-Service options? Tools for scaling and insights As your platform grows, your payments volume can too. Can you set custom pricing for your merchants? Learn more.
Two prominent solutions that have emerged in recent years are integrated payments and Payfac-as-a-Service. Payfac-as-a-Service: Payfac-as-a-Service, short for Payment Facilitator as a Service, is a model where a third-party service provider facilitates payment processing on behalf of multiple sub-merchants.
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.
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. Using Payrix is a profitable operation for us that fits nicely into a scaled financial model.” I’m a studio management company.
This is ideal for software companies looking to scale. Listen now Events Driving growth through seamless payments implementation Watch this on demand webinar to learn strategies for a friction-free launch of PayFac-as-a-Service. This means software companies have an opportunity to deliver on those needs.
Thats where Payfac-as-a-Service comes in. What Is Payfac-as-a-Service? A traditional payment facilitator (Payfac) takes on the full burden of underwriting, onboarding, compliance, and payment processing. Payfac-as-a-Service flips the script. Why Business Owners Are Choosing Payfac-as-a-Service 1.
Go the Payfac-as-a-Service Route: This is where Usio comes inlike hiring a Michelin-star chef to do all the hard work while you take the credit. Usio Payfac-as-a-Service model gives you all the perks of embedded payments without the hassle.
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