Remove Download Remove PayFac as a Service Remove Payment Features
article thumbnail

Payment processor: Definition, types, and examples

Payrix

Embedded Payments Embedded Payments include three types of payment models that SaaS platforms use to manage their transactions: integrated payments or referral partnerships, PayFac-as-a-service, and payment facilitation, or PayFac. How do payment processors secure payments?

article thumbnail

Payment processor: Definition, types, and examples

Payrix

Embedded Payments Embedded Payments include three types of payment models that SaaS platforms use to manage their transactions: integrated payments or referral partnerships, PayFac-as-a-service, and payment facilitation, or PayFac. How do payment processors secure payments?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Payment facilitation and risk management: What do vertical software companies need to know?

Payrix

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?

article thumbnail

Master merchant: Definition, types, and examples

Payrix

The master merchant model is common in industries that involve marketplaces or platforms with multiple sellers or service providers. 02 Whats the relevance of a master merchant in software-led payments and financial services?

article thumbnail

Glossary: 117 software-led payments terms to know

Payrix

Apple Pay A mobile payment and digital wallet service offered by Apple that allows users to make payments through NFC technology. Contactless payments Devices that use radio-frequency identification for making secure payments; embedded chip and antenna enable consumers to wave a device over a reader at the point-of-sale.