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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. 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.

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

Payrix

What is a PayFac® developer? As a PayFac developer , software companies become their own payment facilitator , and therefore, can offer payment processing services directly to their merchants. We will explore the risk s in more detail in the next section. What is PayFac-as-a-Service?

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Usio Partner Goes from $0-$7.5million in Processing, Adds $35,000 to Bottom Line

USIO

Results Earned approximately $35,000 in additional revenue after integrating Went from processing $0 to $7.5mm in transactions in 12 + months Gained competitive advantage by offering new and easy-to-use mobile payment solution Became one of the leading booster club software providers on the market to date.

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Thanks to Capchase, Intellum, Pilot, SafeBase, and Tilled for Sponsoring SaaStr Annual 2022!

SaaStr

Our suite of financial tools makes it easy to turn recurring revenue into flexible growth financing. Tilled was created to empower software vendors, marketplaces, and SAAS companies to start generating revenue from accepting credit cards. Welcome to Payfac-as-a-service. appeared first on SaaStr.

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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. Right now, the revenue share with Payrix can pay for a full-time employee,” Nick explained. I’m a studio management company.

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Embedded Payments explained: Everything software companies need to know

Payrix

Compared to other strategies to generate additional revenue streams, Embedded Payments offer a streamlined path for pulling in new income. Payment facilitation (PayFac) Today, many software companies have a pulse on the opportunities of becoming a payment facilitator, also referred to as a PayFac® developer.

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