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Master merchant: Definition, types, and examples

Payrix

The master merchantis the primary account holder for a payment processing system, overseeing and managing multiple subordinate accounts, often referred to as sub-merchants. This setup is commonly used in marketplaces, software platforms, or businesses that facilitate payments for a network of sellers, service providers, or smaller businesses.

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Glossary: 117 software-led payments terms to know

Payrix

Interested in learning more about software-led payments or joining the current Embedded Payments conversations in your organization? Do you find yourself listening to industry leaders and colleagues use terms like PayFac, PCI DSS, and tokenization and casually scratching your head in confusion?

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Software-led payments: What’s on the horizon for platforms in 2025? | Episode 46

Payrix

In this episode of PayFAQ: The Embedded Payments Podcast, host Ian Hillis welcomes Matt Downs, President of Worldpay for Platforms, to discuss software-led payments predictions for 2025 and beyond. Matt underscores the importance of integrating seamless payment workflows into software solutions, a now-standard expectation.

Payments 130
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The Ultimate Guide to Ecommerce Payment Solutions

Stax

The customer enters their payment details and the gateway securely transmits the data to the network. Payment processor – Handles the technical aspects of the payment. Its the third-party service that serves as the link between the payment gateway, acquiring bank, and issuing bank or card network.

article thumbnail

Master merchant: Definition, types, and examples

Payrix

The master merchantis the primary account holder for a payment processing system, overseeing and managing multiple subordinate accounts, often referred to as sub-merchants. This setup is commonly used in marketplaces, software platforms, or businesses that facilitate payments for a network of sellers, service providers, or smaller businesses.

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Checking all the boxes

Payrix

John Durrett General Manager of Payments, Storable Consolidation Was the Goal for Storable Offering embedded payments within the Storable platform was a no-brainer, since 60-80 percent of payment volume from storage facilities is completed using cards. GET A DEMO

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Glossary: 117 software-led payments terms to know

Payrix

Interested in learning more about software-led payments or joining the current Embedded Payments conversations in your organization? Do you find yourself listening to industry leaders and colleagues use terms like PayFac, PCI DSS, and tokenization and casually scratching your head in confusion?