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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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Understanding Risk Management Strategies as a PayFac

Stax

Two of the most popular payment solution providers for businesses looking to accept digital payments are payment processors and payment facilitators (PayFacs). PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks.

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The Top 8 Embedded Payment Processors of 2025

USIO

Clearent (Xplor Pay) Clearent, now part of Xplor Technologies, has strong roots in ISV partnerships and offers competitive interchange-plus pricing. Finix Finix is popular with platforms that want Stripe-level control without becoming a PayFac. Support Rating: 3.5/5 Their focus is on card acceptance, with some embedded financing tools.

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The Ultimate Guide to Ecommerce Payment Solutions

Stax

This requires the merchant to become a registered payment facilitator or PayFac. A PayFac is a payment service provider for eCommerce merchants. On top of being a new pillar of revenue for your business, the PayFac model also gives you more control. This is considerably faster compared to a traditional merchant account provider.

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ISV vs PayFac: The Similarities and Differences Between Independent Software Vendors and Payment Facilitators

Stax

In this article, we’ll break down two popular terms used in the payment processing industry—ISV and PayFac —and see what they exactly mean. There are two main ways that an ISV can become a payment provider—by adopting the ISO model or the PayFac model. What Is an ISV vs PayFac?

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

Payrix

1 Your annual payments revenue opportunity range is estimated based on go-to-market pricing and estimated interchange fees. By leveraging Payrix Pro , our PayFac-as-a-Service solution, this software platform was able to achieve their vision quickly all while delivering a superior product and customer experience.

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

Payrix

Set aside price as the primary consideration and focus on customer value first. And I think when they start to understand, hey, I’m going to have to price out my customers, and they think, oh, that’s great. I’m used to pricing on my customers. I don’t know exactly how to price. Set aside cost.

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