article thumbnail

Best Credit Card Processing Companies

The Daily Egg

Every business that accepts credit cards needs to have a processing company to facilitate these transactions. Whether you’re selling online, in-person, over the phone, or on-the-go, businesses across all industries must use a payment processing service. This can make it challenging to find the […].

article thumbnail

How to Choose Between a Payment Facilitator (PayFac) and a Merchant of Record (MoR) for Your Business

Subscription Flow

The success of your business can be greatly impacted by your choice of payment processing model in the dynamic world of eCommerce and online business. To simplify the intricacies of payment processing, two well-known solutions have surfaced: Payment Facilitators (PayFacs) and Merchants of Record (MoRs).

Insiders

Sign Up for our Newsletter

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

article thumbnail

Best Payment Processors for Startups

Baremetrics

The story of payment processors begins in 1998 when Confinity (later X.com, but you probably know it as PayPal) was released. This early payment processor did very little and wasn’t all that important to global commerce. That history might be interesting to some, but the real questions are: What are payment processors?

article thumbnail

Why Choosing Your Own Payment Gateway Matters: Tailoring Your Payment Stack

Infinicept

As an ISV, adding payments to your services involves decisions about the providers you’re going to work with. And one of the choices you’re likely to encounter as you develop your payment stack is your choice of gateway. Many processors offer gateways as part of their suite of acquiring services.

article thumbnail

How Becoming a Payment Facilitator Improves Your Merchant’s Experience

How does becoming a payment facilitator help them achieve this? Many business-to-business software companies were founded for a single, fundamental purpose: to improve the business solutions available to a certain industry or vertical.

article thumbnail

The Significance of Merchant of Record in Modern Business Transactions

Subscription Flow

For every business, the most important thing is the processing of transactions. And to process payments a secure system is needed. SubscriptionFlow now offers MoR services. So, here is the Chargebee alternative for you to seamlessly process payments. Merchant of Record (MoR) is one such system.

article thumbnail

Top 7 Payment Processing Services for 2022

Frontegg

With more and more businesses offering their services online, payment processing is now taking centerstage. Creating a secure and smooth payment pipeline is becoming increasingly important, with users expecting more in-app freedom with the ability to purchase or upgrade their accounts with just a few clicks.

article thumbnail

5 Myths - and the Truth - About Becoming a Payment Facilitator

Being a payment facilitator is not for everybody. But the single biggest factor that gets in the way of becoming a payment facilitator is the obfuscation (lies, to tell the truth) circulating within the industry about what it takes to be a PF. The timing might be wrong.

article thumbnail

Payments 101 Webinar: Demystifying Payments

Speaker: Tracie Poland and Ted Vandeburg

For lots of people, accepting payments looks complicated. So much jargony talk about things like processors and interchange, right? Then you’re in a better position to look at your options and see how you can really take advantage of what payments have to offer your company. We don’t think this should be hard.

article thumbnail

Compliance 101: What You Need to Know as a Payfac

Payment facilitators are obligated to follow rules and regulations from the multiple entities that govern the payments ecosystem. Compliance is achieved by implementing the appropriate processes needed to adhere to these rules and remaining aware of changing conditions.

article thumbnail

PayFac vs. ISO: What Is the Optimal Integrated Payment Strategy in SaaS?

Our comprehensive article delves into the merits and challenges of Payment Facilitators (PayFac) versus Independent Sales Organization (ISO) registration. Delve deeper into issues of scalability, compliance, and setup. Equip your business with the knowledge to choose the right payment strategy.

article thumbnail

Your Guide to Embedded Payments

Right now, the embedded payments conversation can be downright confusing. Part of the reason for this owes to the sheer volume of terms used to describe some of the approaches within the space, like payfac, payment facilitator, merchant of record (MOR), embedded payments, software-led payments––and that's just to name a few.

article thumbnail

Is Your Partnership Toxic?: Evaluating Integrated Payments Partnerships in SaaS

Is your integrated payments partnership maximizing your software company’s value or stifling its growth? Discover whether your payment processor is a true collaborator or a limitation on your company's aspirations by delving into our informative article.

article thumbnail

Get More Help With Merchant Onboarding and Get Payments Going Your Way

As software companies become a larger part of the payments world, you will have to determine how much of a role you want to play and how far up the payments revenue food chain you want to go.

article thumbnail

Embedded vs. Integrated Payments: The Ultimate Guide

In payments, both terms have to do with getting payment capabilities closer to the process they’re associated with and improving the customer experience. Integrated payments connect payment processes to software platforms, making things simpler for the end user. And they are, in some ways.