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JANUARY 8, 2024

For SaaS companies, becoming a payment facilitator (or PayFac) offers a ton of advantages—including but not limited to—boosting retention and profitability while exercising greater control over the customer experience. However, several complex types of risks come along with this.

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DECEMBER 4, 2023

In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). Key AML Requirements for PayFacs Now that we’ve covered the basics of AML compliance and its role in the financial system, let’s dive deeper into how PayFacs can help. Let’s get started.

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DECEMBER 20, 2023

Offering payment processing services is a move that makes sense for a lot of SaaS companies, particularly if your software helps your customers run their business. Not to mention, payments serve as an additional (and highly lucrative) revenue stream for SaaS companies, so your business will also enjoy a healthier bottom line.

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Merchant Services Payment Services SaaS Payments Payments 88

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JANUARY 22, 2024

TL;DR Payment gateways and PayFacs are both players in the digital payment process with similar goals in mind: secure and low-risk payments while providing seamless, fast, and positive customer experiences. A PayFac, by contrast, handles the bank’s interaction with a number of merchants. What is a Payment Facilitator (or PayFac)?

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Payment Services SaaS Payments Merchant Services Payment Facilitation 88

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FEBRUARY 15, 2024

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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Payment Services Merchant Services SaaS Payments Payment Methods 88

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JANUARY 17, 2024

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.

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