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Glossary: 117 software-led payments terms to know

Payrix

Do you find yourself listening to industry leaders and colleagues use terms like PayFac, PCI DSS, and tokenization and casually scratching your head in confusion? Payment facilitator (PayFac) A merchant registered by an acquirer to facilitate transactions on behalf of sub-merchants. Youve come to the right place.

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Master merchant: Definition, types, and examples

Payrix

Examples of a master merchant Across a variety of industries and payment presentment environments, the master merchant drives payment facilitation for a group of sub-merchants. A master merchant can serve both card-not-present and in-person (card-present) sub-merchants, providing solutions that suit the needs of diverse business models.

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Integrated payments: Definition, types, and examples

Payrix

Software companies will most certainly offer online or eCommerce payments, also known as card-not-present payments. But, they can also offer in-store or in-person payments, also known as card-present payments. Card-present payments are useful for their customers accepting payments in storefronts, via mobile businesses (e.g.

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Payment processor: Definition, types, and examples

Payrix

Focus on the payment acceptance needs of your customers and find a processor that can support them with a comprehensive set of solutions that accommodate both card-present (i.e. in-person) and card-not-present (i.e. online) payments.

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

SaaStr

Easily present your program security details and SOC 2 reports using your secure, customized SafeBase Security Portal. Welcome to Payfac-as-a-service. For B2B software companies looking for a better option that provides all of the benefits with none of the hassle, it’s time to Get Tilled and experience Payfac-as-a-Service.

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How to grow your field service platform’s revenue up to 3x with payments

Payrix

With the right payments partner, its easier for your trade and field service platform to successfully deploy, manage, and deliver recurring payments, as well as process a variety of payment types, card-present and card-not-present, and complex billing transactions all while delivering a seamless user experience.

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How to buy Embedded Payments: Insights for software companies | Episode 43

Payrix

Brad has led business development teams for two of the largest US payments processors, and he’s developed winning payment strategies for hundreds of software providers, allowing them to monetize payments and grow their software business, from implementing referral partnerships through becoming a wholesale PayFac®. An economic reward.

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