Remove Payfac Remove PayPal Remove SaaS
article thumbnail

What Is an ACH Payment Facilitator?

Stax

In this article, we’ll discuss everything you need to know about the ACH payment facilitator model and how SaaS companies can go about facilitating ACH payments easily. An ACH payment facilitator, therefore, is simply a PayFac that allows users to accept payments through an electronic bank-to-bank network. Let’s get started.

article thumbnail

PayFac as a Service: What Is It and How to Offer It

Natalia Luneva

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. Imagine cutting years off payment system setup. each year since 2018.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Payment Aggregator vs Payment Facilitator Demystified

Subscription Flow

Consider a payment facilitator—PayFac for the cool kids—as the reliable payment partner for your company. PayFacs are your go-to friends for managing the finer points of both online and offline transactions. Read more: Using SubscriptionFlow to Improve B2B Cross-Border Payment Processing What is a Payment Facilitator?

article thumbnail

PayFac vs ISO: What Is the Difference & How to Choose One

Natalia Luneva

As businesses increasingly rely on diverse payment processing solutions, you should understand the distinctions between Payment Facilitators ( PayFacs ) and Independent Sales Organizations (ISOs). Key Takeaways Understanding the roles of PayFacs and ISOs helps in effective payment processing. They offer customer service support, too.