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The world of EmbeddedPayments saw remarkable developments in 2024, shaping strategies and innovations across the industry. In a compelling discussion on PayFAQ: The EmbeddedPayments podcast, Ian Hillis hosted payments veterans Ella Aguirre and Michael Veatch to reflect on the past year.
In the latest episode of PayFAQ: The EmbeddedPayments Podcast, Ian Hillis speaks with Brad Pinneke , VP of Business Development at Payrix and Worldpay for Platforms, about one of the most important decisions software companies face today: choosing the right payments partner.
Managing payments efficiently isnt just a convenienceits a necessity. For companies handling high volumes of transactions, traditional paymentsystems often lead to inefficiencies, hidden costs, and unnecessary complexity. Minimizing Chargebacks and Fraud Fraudulent transactions and chargebacks can drain business resources.
What are integratedpayments? Integratedpayments are paymentprocessing capabilities that are incorporated into a software companys platform to provide their user base with the ability to accept and manage payments for their businesses. Learn more about Embedded Finance.
Embeddedsolutions have taken the software industry by storm and disrupted the traditional distribution network for financial services, like paymentprocessing. The payment facilitation (payfac) model and partnership offerings create a near- and long-term roadmap for SaaS growth and transformation.
In this episode of PayFAQ: The EmbeddedPayments Podcast, host Ian Hillis welcomes Matt Downs, President of Worldpay for Platforms, to discuss software-led payments predictions for 2025 and beyond. remains the largest interchange and software market, Matt predicts a loosening of regulatory constraints.
What is a payment processor? A payment processor facilitates the flow of transactions typically made with credit cards, debit cards, and other digital payments. To operate as an integratedsoftware vendor (ISV) or payment facilitator, a software company requires a relationship with an acquiring bank and a payment processor.
Interested in learning more about software-led payments or joining the current EmbeddedPayments conversations in your organization? This blog post is your ultimate guide to understanding the most used payments terms today. This blog post is your ultimate guide to understanding the most used payments terms today.
Becoming your own Payment Facilitator (PayFac) sounds greatuntil you realize its a regulatory nightmare , a financial black hole , and takes longer than your last DIY home improvement project (which, lets be honest, is still unfinished). Biggest Perk: Generous revenue share (up to $1M+ per year for some partners). Lets break it down.
Let’s be real: the terms embedded and integrated sound pretty similar. In payments, both terms have to do with getting payment capabilities closer to the process they’re associated with and improving the customer experience. But embeddedpayments really take that idea to the next level.
Ian Hillis welcomes David Blair, Senior Director of Product Management at Worldpay for Platforms, on PayFAQ: The EmbeddedPayments podcast to explore the critical roles of merchant underwriting and onboarding for software providers.
Raise Customer Experience with IntegratedPayments In today’s fast-paced digital world, providing an exceptional customer experience is paramount for businesses. One effective way to achieve this is through integratedpaymentsystems. Faster Transactions Speed is crucial in enhancing the customer experience.
What is an integratedsoftware vendor? An integratedsoftware vendor more commonly known as an ISV is a software company that engages in a partnership with a payments provider in order to integratepaymentprocessing capabilities into their platform.
In a market shaped by fierce competition, emerging technologies, and dominating customer expectations, B2B software companies have evaluated many angles of differentiation to keep the attention of their customers. Among the most recent strategies proving successful for software companies is EmbeddedPayments.
Choosing the right EmbeddedPayments partner can feel overwhelming. This evaluation scorecard and comprehensive buyer’s guide simplifies the process by breaking down key criteria to consider. Learn how to assess partners that align with your goals, offer personalized support, and drive long-term success.
Andy Meadows, the Head of Partner Success at Payrix joins host Ian Hillis to continue their conversation about building a successful EmbeddedPayments strategy. As the last episode of a four-part series on the topic, Andy and Ian tackle how software companies can minimize attrition and why it’s important to the payments conversation.
A master merchant, often referred to as a payment facilitator or merchant aggregator, is a third-party agent that acts as the link between acquirers and online merchants. The master merchantis the primary account holder for a paymentprocessingsystem, overseeing and managing multiple subordinate accounts, often referred to as sub-merchants.
What do merchants want from their software providers? This is a question that keeps many software companies up at night, and Leah Asdell, Head of Partner Marketing and Content Strategy at Worldpay for Platforms. Leah and Ian cover a lot of ground in 15 minutes.
With their sights set on elevating the customer experience, deepening user engagement, and driving sustainable growth, there’s one thing software companies are making room for in their roadmap: EmbeddedPayments. However, not all EmbeddedPaymentssolutions are built under the same standards.
Our guest, Diana Mehochko, COO of NCR Payments, joins us to talk about payment trends – including connected commerce, embeddedpayments, and embedded finance – and how they fit together.
You’ve decided to offer EmbeddedPayments to your customers. Adding EmbeddedPayments gives you an exciting opportunity to grow your business and solve real pain points for your customers. However, to capture success you’ll need to promote your new payments offering with customers and prospects.
Choosing a white-label paymentplatform to power embeddedpayments lets software companies own seamless, branded paymentsolutions for their clients without having to take on the full responsibility for payments.
A comprehensive EmbeddedPayments strategy isn’t complete without value added services. But, as a softwareplatform, what value added services should you be considering? And when should you start thinking about these solutions and infusing them into your payment ecosystem and experience?
is a software training company that focuses on helping end users and companies be more productive. From the beginning, the company’s goal has been to help users achieve more with their software tools. Over the years, BrainStorm has evolved from a training services company to a world-class SaaS platform. BrainStorm, Inc.
This guide explains how that fee is divvied up and how SaaS companies are becoming a more important player (gaining a larger share) by embeddingpayments into their solution. Ever wondered who gets a share of that 3% credit card transaction fee?
Why there’s greater value in a paymentsintegration supported by white-glove service than a DIY, documentation-driven approach The decision to embed payments into your softwareplatform as a key part of your growth strategy is a significant starting point from which you can create new value and revenue streams for your business.
How to implement a softwarepaymentsolution to elevate your business management platform The software industry has always had the reputation of advancing at breakneck speeds. In recent years, many have discovered the value of EmbeddedPayments to elevate that experience.
Information security is absolutely paramount in today’s digital world, particularly in the payments industry. Jack Tsigankov, Director of IT and Information Security at Payrix and 17-year industry veteran, recently shared some of his wisdom on the subject as a guest on the PayFAQ EmbeddedPayments podcast.
Back to customer stories Delivering a premium paymentssolution to premium printers Payrix takes Inktavo’s payments to new heights with high transaction limits, greater efficiencies, and seamless access to working capital.
From emerging payment technologies to the importance of intuitive software design, the world of embeddedpayments is rapidly evolving. How do you stay ahead while serving up what merchants really want in your software offerings? It analyzes responses from over 500 merchants in the U.S.
As the idea of delivering payments through softwareplatforms has picked up steam, the options available to companies that want to create that experience have evolved rapidly to meet the demand. Take the terms Integratedpayments and embeddedpayments. They sound similar.
BlueSnap helps businesses accept payments globally. Our All-In-One PaymentPlatform is designed to increase sales and reduce costs for all businesses accepting payments. Printfection is a swag management platform that simplifies the buying, managing, and distribution of swag and branded merchandise.
Revenue cycle management is the backbone of financial operations for healthcare providers. But even as healthcare SaaS platforms tackle billing complexities and streamline revenue workflows, many leaders face a persistent issue: patient payments.
In the dynamic world of Software as a Service (SaaS), staying ahead of the curve means continuously evolving and integrating new functionalities that enhance user experience and streamline business operations. One such critical functionality is integratedpayments.
Software companies are looking, feeling, and acting more like merchant services providers. They risk losing a source of stable, low-cost deposits and non-interest revenue market share, but don’t be fooled. It’s everywhere. This can be sobering for financial institutions – for good reason. FIs still have crucial roles to play.
What are integratedpayments? Integratedpayments are paymentprocessing capabilities that are incorporated into a software companys platform to provide their user base with the ability to accept and manage payments for their businesses. Learn more about Embedded Finance.
DENVER, September 26, 2023 — Infinicept, a leading provider of embeddedpayments, and Datacap Systems, Inc., leading hardware and processor-agnostic omnichannel payments provider, today announced a partnership to provide coordinated support for vertical software companies on their embeddedpayments journeys.
EmbeddedPayments have become a popular feature in the ecosystem of software developers who understand their role in driving better user engagement, value, growth, and competitive advantage. But in the rapidly evolving world of digital payments, nothing stays the same for long. How important is data to EmbeddedPayments?
EmbeddedPayments have become a popular initiative among vertical specific software companies looking to deliver a more seamless customer experience, introduce new revenue into the business, and stay competitive in today’s digital world. Purchasing a solution is the easy part. But where to begin?
Right now, the embeddedpayments conversation can be downright confusing. Part of the reason for this owes to the sheer volume of terms used to describe some of the approaches within the space, like payfac, payment facilitator, merchant of record (MOR), embeddedpayments, software-led payments––and that's just to name a few.
In this landscape, embeddedpayments have become a great way for SaaS companies to provide value-added services on top of their core offerings to customers. This helps SaaS businesses enhance their customer experiences and drive loyalty and profitability. The demand for embeddedpayments is huge.
No matter your industry, keeping up with the latest technology and payments trends is essential for any software company looking to stay competitive and keep their customers satisfied. What can these financial and technology decision-maker perspectives tell us about the role of payments and the payments experience in software?
Software companies embark on their embeddedpayments journey only to discover they’ve underestimated the complexity that’s involved and struggle to launch. If you’re thinking about EmbeddedPayments for your platform, make time to listen to this episode of the PayFAQ EmbeddedPayments podcast.
Their cloud-based software suite supports donor engagement, member management, event planning, volunteer tracking and more, allowing their clients to put focus back into doing good. In pursuit of transforming how nonprofits are supported, Neon One knew their clients faced integration issues and lacked payments expertise.
Explore various models of EmbeddedPayments, uncovering their benefits, drawbacks, and impacts on customer experience. Gain valuable advice for evaluating and implementing the best payment strategy for your business needs. Download today to learn more!
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