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Understanding Risk Management Strategies as a PayFac

Stax

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. Even the organizational shake-up that comes with the decision to become a PayFac may disrupt your core business.

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How to Maintain Anti-Money Laundering Compliance as a PayFac

Stax

In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). However, be mindful of challenges like rapid technological advancements, evolving money laundering techniques, diverse clientele, varying risk profiles, cross-border transactions, and varied regulations.

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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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Payment Facilitator vs Payment Gateway: Key Differences and Similarities

Stax

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

SaaStr

Intellum is an Atlanta-based learning technology company that combines the best of customer experience with customer education to help large brands and fast-moving companies increase revenue, improve customer retention and decrease support costs. Welcome to Payfac-as-a-service. Capchase is your founder-friendly financing solution.

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A cut above the rest

Payrix

The solution enabled the company to harness all the benefits of being a registered payment facilitator – without the time and expense of building a technology solution in-house. You can have the best developers, and people who have worked with payments technology since they were in the womb. GET A DEMO

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How to Streamline Your SaaS Clients’ Merchant Underwriting Process—and Improve Adoption Rates

Stax

The first step is to find a partner that can provide the right payment technologies and services to your customers. How a PayFac like Stax can help A business can choose to open a merchant account on their own but the process can be laborious and time-consuming. How exactly can you get your users started with payments?