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Glossary: 117 software-led payments terms to know

Payrix

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. eCheck, PayPal, etc.) Bitcoin A decentralized digital currency.

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8 Top Stripe Alternatives: In-Depth 2023 Guide

FastSpring

Square: Popular Payment Platform for Startups. PayPal for Business: Available on Major eCommerce Platforms. Adyen: Robust Financial Technology Platform. Amazon: Payment Service and Order Fulfillment. All-in-one Payment Solutions for SaaS Companies (MoRs). PayPal for Business: Available on Major eCommerce Platforms.

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Mobile Credit Card Processing Explained: What Business Owners Need to Know

Stax

According to Forbes , “mobile payments are increasingly being used by U.S. shoppers as customers become more comfortable with the technology.” Not only are there a number of ways your customers could be using their mobile devices to give payments, but you as a business owner could be leveraging mobile devices to accept them as well.

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Glossary: 117 software-led payments terms to know

Payrix

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. eCheck, PayPal, etc.) Bitcoin A decentralized digital currency.

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What is B2B Payments Processing and How Do You Implement It?

Stax

Just about every business and consumer will prefer to pay with a credit card, but for the business accepting the payment, there are going to be transaction fees involved. If you’re making a payment with a B2B provider, you will need to check if they accept credit card payments.

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How to Acquire a $400B World-Class Company by WePay (Video + Transcript)

SaaStr

And so it’s a company that makes huge investments in technology. You could think about how in that Chase app you could make it easier to accept credit card payments right away. We compete with Stripe and PayPal and Adyen and these are sort of very well funded, very sort of driven technology companies.

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Everything You Need to Know About Credit Card Processing

Stax

Payment Processor: The credit card processing company handles the processing and batching of purchases made with credit, debit, or gift card payments. They typically assist with technology needs and customer service as well, acting as an intermediary to the card associations and banks.