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How to become a Payfac: steps on the Payfac journey

Infinicept

For many software companies, becoming a payment facilitator, or Payfac, is an opportunity to benefit from a new revenue stream and gain more control over the customer experience. What does it really take to become a Payfac? Every company will have a slightly.

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Coffee Talk: The ISO is Dead. Be a Payfac.

Infinicept

Be a Payfac® Grab a coffee and join us for a discussion on how ISOs (independent sales organizations), payments companies, and acquirers can remain competitive in an evolving payments world. March 18th at 9:00 AM PT / 12:00 PM ET The ISO is Dead.

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Webinar Recap: Deconstructing the Myths About the Payfac Model – March 2023

Infinicept

Deconstructing the Myths About the Payment Facilitator Model Being a Payfac has many touted benefits: you bring payments in-house, increase gross revenue, and have more control over the merchant experience. However, there has been quite a bit of fearmongering about the investment (time, labor, costs) it takes to be a Payfac.

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The PayFac Update

Finix Payments

Over the years, we’ve written a lot about payment facilitation, whether software companies should become PayFacs, and how to go about doing that - so we thought we’d pull together a lot of what we’ve already written on the topic to make your discovery a little easier.

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The SaaS Payments Journey: Important Steps to Consider

For many SaaS companies, becoming a Payfac is an opportunity to benefit from a new revenue stream and gain more control over the customer experience. What does it really take to become a Payfac? We’ve got an overview of the journey from software company to full-blown Payfac.

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Episode 5: Payroc | The Evolution of Managed PayFac

Infinicept

We discuss the evolution of the merchant services and acquiring industry, from ISOs and agents to managed Payfacs. [link] Our guest for this podcast is Payroc Executive Vice President Jared Poulson. Jared also shares his unique perspective on the future of merchant payments.

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PayFac as a Business Model

Agile Payments

PayFac or Payment Facilitation enables software platforms to both brand and monetize payment processing offerings while at the same time offering instant, hassle-free customer payments onboarding.

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Compliance 101: What You Need to Know as a Payfac

Payment facilitators are obligated to follow rules and regulations from the multiple entities that govern the payments ecosystem. Compliance is achieved by implementing the appropriate processes needed to adhere to these rules and remaining aware of changing conditions.

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The Economics of Payment Facilitator Registration

As the popularity of becoming a PayFac (payment facilitator) grows, it's crucial to understand the intricate economics involved. Our article delves deep into the costs, complexities, and risks associated with PayFac registration. Explore upfront investment expenses and the long-term financial implications.

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Your Guide to Embedded Payments

Part of the reason for this owes to the sheer volume of terms used to describe some of the approaches within the space, like payfac, payment facilitator, merchant of record (MOR), embedded payments, software-led payments––and that's just to name a few. Right now, the embedded payments conversation can be downright confusing.

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PayFac vs. ISO: What Is the Optimal Integrated Payment Strategy in SaaS?

Our comprehensive article delves into the merits and challenges of Payment Facilitators (PayFac) versus Independent Sales Organization (ISO) registration. Understand the nuances of speedy onboarding with PayFacs and the enterprise value advantages of ISOs. Delve deeper into issues of scalability, compliance, and setup.

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The Payfac eBook

There’s plenty of talk out there regarding payment facilitators and how they fit in to the landscape of software-led payments. But the information can be a lot to sort through: What is a payment facilitator, exactly? What do they do? What’s involved in becoming one? And who should make that move? This guide answers those questions and more.

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SaaS Payments 101: Roadmap for Monetizing Payments

The payment facilitation (payfac) model and partnership offerings create a near- and long-term roadmap for SaaS growth and transformation. Explore this whitepaper to learn more about the payfac opportunity and why it has never been more important to your software business.