Accept Credit Card Payments, Definition and Payment Features

Glossary: 117 software-led payments terms to know

Payrix

FEBRUARY 4, 2025

Payment facilitator (PayFac) A merchant registered by an acquirer to facilitate transactions on behalf of sub-merchants. They provide the infrastructure necessary for their merchants to accept credit card payments. Digital wallet A digital wallet refers to an electronic device (e.g.,

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Subscription renewal: getting customers to renew subscriptions

ProfitWell

NOVEMBER 5, 2019

An unexpected charge shows up on your credit card without warning. An automatic subscription renewal charge for a subscription you’re no longer using or that you don't even remember signing up for. Even worse, you go to cancel your subscription, only to discover it's nearly impossible. Of course, you know better.

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Payment Features Subscription Payment Methods Merchant Services

SaaS Brief

Glossary: 117 software-led payments terms to know

Subscription renewal: getting customers to renew subscriptions

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