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You never think about self-storage businesses until you need one. And like many businesses, Storable has seen credit card payments go through the roof since the start of the pandemic. Payrix also provides Storable the option to become a fully registered payfac when the time is right.
Complying with card network rules (and demonstrating that you are) is a critical part of doing business in payments. Whether you’re an acquirer, a Payfac, or an ISO, you have to have solid processes and procedures in place to proactively guard against risk.
We discuss the history of integrated and embedded payments, the emergence of PayFac and Payfac as a service, and what software companies really need to drive their payments businesses ahead. Brian is the founder of Utopaya, a boutique firm helping vertical SaaS companies with their payments. Read the full transcript below.
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