This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Examples of integrated software vendors Inktavo is a software provider for the printing, promotional product, and branded merchandise industries. Perched in the middle of those two models is payment-facilitation-as-a-service (PayFac-as-a-Service). Learn more about PayFac-as-a-Service.
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. appeared first on SaaStr.
Many technologies and services are involved from POS terminals to card networks to payment gateways so its essential that the payment processor can work closely with them to help authorize and settle every transaction as securely, efficiently, and quickly as possible and stay in compliance with regulations and industry standards.
Payment facilitation-as-a-Service (PayFac-as-a-Service) For those not quite ready to become a full PayFac but interested in more control over the payment experience than the referral partnership offers, this model can become the perfect ‘sweet spot.’ How can software companies embed payments?
An overview of the Payrix Embedded Payments solution Embedded Payments come in various forms, but customers of Payrix have specifically sought out our PayFac-as-a-Service solution for its perfect balance of customization, control, and time-to-value.
Examples of integrated software vendors Inktavo is a software provider for the printing, promotional product, and branded merchandise industries. Perched in the middle of those two models is payment-facilitation-as-a-service (PayFac-as-a-Service). Learn more about PayFac-as-a-Service.
We will explore the risk s in more detail in the next section. What is PayFac-as-a-Service? In between referral partnership and PayFac is PayFac-as-a-Service. Our PayFac-as-a-Service solution allows you to accept, manage, and secure payments unencumbered by the pesky risks we discussed throughout this blog.
It offers opportunities to remove any points of friction, maintain brand continuity, and design and deliver an ideal overall user experience at every stage — from onboarding to ongoing customer support. Step 5: Optimize the user experience This is where the real magic happens.
This engaging conversation provides valuable insights into the evolving landscape, with Ian and Renn tackling important questions, like: What are the benefits of implementing a PayFac-as-a-service model? By bringing payments in-house, Inktavo enhanced its ability to offer a seamless and cohesive service to its customers.
Its payfac-as-a-service solution — Payrix Pro — enabled Nick to control the onboarding and customer service, while Payrix managed the processing, compliance, and most of the risk and liability. Maintaining control over the customer experience is also crucial to the fitDEGREE brand. I’m a studio management company.
Many technologies and services are involved from POS terminals to card networks to payment gateways so its essential that the payment processor can work closely with them to help authorize and settle every transaction as securely, efficiently, and quickly as possible and stay in compliance with regulations and industry standards.
Software companies will also have greater control of the payment experience and in turn, opportunities to create a more simplified, streamlined, on-brand, and ideal customer experience that leads to better acquisition and retention outcomes. The right partner will offer ongoing support and guidance throughout their software payments journey.
Terms related to card acceptance Acceptance marks Signifies which payment brands are accepted at a merchant location and provides the cardholder with information on where his or her card can be used. Chargeback reduction service Screens presentments and chargebacks and returns certain invalid items to the acquirer or issuer, as appropriate.
We organize all of the trending information in your field so you don't have to. Join 80,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content