3 Ways to Become an ACH PayFac

Agile Payments

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What is a Managed PayFac?

Agile Payments

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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. When: Fri. March 18th at 9:00 AM PT / 12:00 PM ET The ISO is Dead.

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.

The Payfac eBook

There’s plenty of talk out there regarding payfacs and how they fit in to the landscape of software-led payments. But the info can be a lot to sort through. This guide gives you the nuts and bolts of what being a payfac really means, all in one place.

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.

Podcast: Become a PayFac®. The Easy Way. Fivestars’ Journey.

Infinicept

Matt Doka, COO of Fivestars, shares his journey to becoming a PayFac, why he left Stripe, how easy it actually was to become a payment facilitator and what he learned along the way. Listen to “Fivestars Journey” on Spreaker. ?

Why WePay is Wrong About PayFac ROI

Agile Payments

Recently, PYMNTS, a leading payments and commerce industry news site published a piece on PayFacs based on an interview with WePay co-founder Richard Aberman. Payment Aggregator payfacHyperbole aside, we want to examine Mr. Aberman’s view and provide some balance to the conversation for companies exploring payment facilitation.

Payfac Companies

Agile Payments

Payment Facilitator Companies. A Payment Facilitator takes on the role of the Master Merchant. The primary benefit to becoming a Payment Facilitator is that you can quickly and easily enroll your app users and enable processing of credit, debit card and in some case ACH transactions. As an example: A SaaS offers an invoicing solution eg QBooks.

So You Want To Be a Payfac? The Number One Question You MUST Ask

Agile Payments

So you want to be a PayFac? Payment Aggregator Payment Processing hybrid payment aggregation payfac Payment FacilitationThe 1 question you must answer.

Compliance 101: What You Need to Know as a Payfac

This guide will help you understand what compliance means as a Payfac, what these requirements are and where they come from, so you can begin to make sense of it all.

Why Every SaaS Platform Should Consider Becoming a PayFac

Agile Payments

White Papers Payment Partner hybrid payment aggregation payfacEXECUTIVE SUMMARY. SaaS platforms and Software vendors have a unique opportunity. Whether you already offer some type of payment collectionoption or have an application that has the potential to leverage payments there has never been a better time to explore your options.

Payment Facilitation and Property Management SaaS applications

Agile Payments

Payment Aggregator payfac

Two key ways Payment Facilitation can change your business. Why SaaS platforms should consider becoming a PayFac.

Agile Payments

Payment facilitation, or PayFac allows a SaaS company to act as a master merchant for its client base. payfacThe SaaS provider onboards clients via a non-intrusive application process -- making it simple for the user base to quickly begin accepting customer payments by credit card.

What Are Payment Facilitators Responsible For?

Infinicept

Payment facilitators – also known as Payfacs – operate in cooperation with acquiring banks, card networks, and the regulators who oversee the payments system. Where does Payfac responsibility come from?

Your Guide to Embedded Payments

Right now, the embedded payments conversation can be downright confusing, Filled with terms like payfac, merchant of record, embedded payments, software-led payments––and that's just to name a few––we're here to break it all down to its essentials, and tell you what you really need to understand.

Looking to become a Payment Facilitator as an SaaS application?

Agile Payments

payfacSteps to becoming a Payment Facilitator are outlined below.

A Day in the Life of a PayFac

Finix Payments

At Finix we are on a mission to demystify payments. Payment facilitation is now ten years old, and while the benefits of this model are well known (e.g. increased revenue, increased business valuation, and ownership over the merchant relationship), the daily operations can be confusing and unclear.

Managed Payment Facilitation and HealthCare Applications

Agile Payments

Payment Aggregator payfac Payment Facilitation hybrid payment facilitation

MarketPlace Payment Solution Challenges

Agile Payments

payfac Payment Facilitation marketplace payments marketplace payment solutionsMarketPlace Payment Solutions.

SaaS Payments 101: Roadmap for Monetizing Payments

Software providers bringing payment capabilities in-house means creating a more seamless customer-experience, while maximizing revenue. Check out Payrix’s SaaS Payments 101 Guide to learn how embedded payments can transform and fuel your growth.

Understanding the Benefits of Hybrid Payment Aggregation

Agile Payments

The decision to become a Payment Aggregator or Payment Facilitator (Payfac) has massive implications for a SaaS application provider. Payment Aggregator hybrid payment aggregation hybrid payment facilitation hybrid payfac

Payment Facilitation and MyEvent.com : An interview with Rob Hirscheimer

Agile Payments

Early adopters of the PayFac business model MyEvent.com has successfully implemented payment facilitation and used it to grow their business and acquire new clients. payfacAn interview with MyEvent.com.

5 Things You Must Have To Become A Payment Facilitator

Agile Payments

payfacPayment facilitation is the process by which one entity, a master merchant, processes or facilitates payments on behalf of a base of sub merchants.

Coffee Talk: The ISO is Dead! – March 2022

Infinicept

Be a Payfac® Watch this discussion about how ISOs (independent sales organizations), payments companies, and acquirers can remain competitive in an evolving payments world. The ISO is Dead.

Why the Payment Facilitator Business Model is Compelling

Agile Payments

Payment facilitation, or operating as a “ PayFac ” allows a SaaS company to act as a master merchant for its client base. payfacThe SaaS provider onboards clients via a non-intrusive application process -- making it simple for the user base to quickly begin accepting customer payments by credit card or ACH Payments [some providers offer].

3 Sure Signs that becoming a Payment Facilitator IS NOT for Your SaaS App

Agile Payments

payfacPayment facilitation or payment aggregation allows one entity, the master merchant, to process or facilitate payments for a base of sub-merchants. For SaaS providers these are typically application end users or customers.

Payment Facilitation: What Can Possibly Go Wrong?

Agile Payments

payfacFor the SaaS provider, potential advantages in becoming a Payment Facilitator (aka Payment Aggregation ) are compelling: payment facilitation drives ease of client onboarding and unlocks a new stream of revenue generation.

Hybrid Payment Facilitation for SaaS Platforms

Agile Payments

hybrid payment facilitation hybrid payfacA Payment Facilitator can be thought of as a Master Merchant that facilitates and processes credit and debit card transactions for their platform users.

Payment Aggregation

Agile Payments

Becoming a PSP (also known as PayFac) lends itself well to some businesses that fall into the software provider classification. Agile Payments Payment Aggregator Payment Processing payfacBecoming a Payment Facilitator, Payment Service Provider [PSP] or Payment Aggregator. In Payment Aggregation, being a Payment Facilitator can be thought of as being a Master Merchant, facilitating credit and debit card transactions for sub-merchants within your payment ecosystem.

7 Must-Haves in a Payment Facilitation Partner

Agile Payments

As the idea of Payment Facilitation gains traction, more and more SaaS companies are exploring becoming a PayFac. There exists a number of issues that need consideration prior to becoming a Payment Facilitator or Payfac, however. Payment Partner payfacConceptually, it is an attractive feature to introduce: fast, easy, onboarding and new means of revenue generation. In fact, independent software vendors and SaaS companies are poised to generate $4.4

Checklist for Finding the Best Payment Aggregation Partner

Agile Payments

Payment Aggregator Payment Partner payfacThe number of SaaS companies looking into payment processing on behalf of their customers is growing rapidly. More and more companies are looking at Payment Aggregation | Payment Facilitation as an attractive option to provide a service that offers fast, easy onboarding for their customers and generate new revenue streams in the process.

Breaking Down Embedded Payments: The $75 Billion Market Opportunity

Infinicept

Part of the reason for that is the sheer volume of terms used to describe some of the approaches to the space, like PayFac TM, payment facilitator, merchant of record (MOR), embedded payments, software-led payments, just to name a few.

Payment Facilitation Providers

Agile Payments

A Payment Facilitator or PayFac acts as a the Master Merchant. In the past the only Payment Facilitator Provider offering was to become a “True PayFac”. Payment Facilitator Provider: Who do you work to become a Payment Facilitator?

Why the Payment Aggregator Business Model is Compelling

Agile Payments

Payment Aggregation , or Payment Facilitation (Payfac), allows a SaaS company to act as a master merchant for its users. The SaaS provider onboards its clients via a fairly non-intrusive application process, and this easy, fast onboarding makes it simple for the SaaS company’s users to begin accepting customer payments very quickly. Payment Aggregator

Is Frictionless Onboarding Worth the Risk?

Agile Payments

If you’ve considered becoming a Payment Facilitator (PayFac) for your SaaS customer base, you’re familiar with the term “KYC,” or Know Your Customer. As the payment processing industry continues its trend of explosive growth, however, KYC might be more accurately termed “CYA.”. Payment Aggregator Payment Partner hybrid payment aggregation

Payment Aggregation

Agile Payments

Becoming a PSP (also known as PayFac) lends itself well to some businesses that fall into the software provider classification. Becoming a Payment Facilitator, Payment Service Provider [PSP] or Payment Aggregator. Being a Payment Facilitator can be thought of as being a Master Merchant, facilitating credit and debit card transactions for sub-merchants within your payment ecosystem.