Banking PayFac as a Service Payment Features 
Payrix
FEBRUARY 4, 2025
To operate as an integrated software vendor (ISV) or payment facilitator, a software company requires a relationship with an acquiring bank and a payment processor. The processor is responsible for processing and settling the transactions initiated by the payment facilitators merchants, but they can also offer so much more.
Payrix
FEBRUARY 4, 2025
To operate as an integrated software vendor (ISV) or payment facilitator, a software company requires a relationship with an acquiring bank and a payment processor. The processor is responsible for processing and settling the transactions initiated by the payment facilitators merchants, but they can also offer so much more.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Payrix
APRIL 3, 2024
At a very high level, a referral partnership is an integrated payments model. You as the software company make an agreement with a payment processor to become one of their referral partner s. We will explore the risk s in more detail in the next section. What is PayFac-as-a-Service?
Payrix
FEBRUARY 4, 2025
This setup is commonly used in marketplaces, software platforms, or businesses that facilitate payments for a network of sellers, service providers, or smaller businesses. The master merchant model is common in industries that involve marketplaces or platforms with multiple sellers or service providers.
Payrix
FEBRUARY 4, 2025
Association Group of card-issuing banks or organizations that set common transaction terms for merchants, issuers, and acquirers. Card brands Member-based corporations that connect consumers, businesses, and banks through electronic payments; establish and enforce rules amongst members; and promote the brands (e.g.,
Expert insights. Personalized for you.
130 
Let's personalize your content