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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.
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 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.
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. Security in payment solutions is a top priority for merchants.
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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But in healthcare, payments are more complexlayered with government programs, private insurers, co-pays, and patient responsibility. Healthcare providers rely on software partners not just for operations, but to help optimize the full revenue cyclefrom the first appointment to the final payment.
Healthcare is evolving quicklyand payment expectations are evolving with it. For medical billing software providers, that means delivering more than just clinical functionality. With Usio integrated into your medical billing software, they can pay bills online, receive reminders, set up payment plans, or choose contactless options.
What is an integrated software vendor? An integrated software vendor more commonly known as an ISV is a software company that engages in a partnership with a payments provider in order to integrate payment processing capabilities into their platform. 3 things you should know about integrated software vendors 1.
Software companies are looking, feeling, and acting more like merchant services providers. It’s everywhere. This can be sobering for financial institutions – for good reason. They risk losing a source of stable, low-cost deposits and non-interest revenue market share, but don’t be fooled. FIs still have crucial roles to play.
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. Transparent communication and a focus on reducing friction are crucial.
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.
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Integrated payments are payment processing 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. 3 things you should know about integrated payments 1. 3 things you should know about integrated payments 1.
In payments, both terms have to do with getting payment capabilities closer to the process they’re associated with and improving the customer experience. Integrated payments connect payment processes to software platforms, making things simpler for the end user. But there are important differences.
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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. Ongoing vigilance is paramount to keeping your software secure. Here are a few highlights you don’t want to miss. million each.
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. Congratulations!
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. In-app payments The ability to sell digital content in mobile applications.
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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. Infinicept is a provider of embeddedpayment solutions. BrainStorm, Inc. G-P, Global Made Possible.
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A comprehensive EmbeddedPayments strategy isn’t complete without value added services. But, as a software platform, 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? Did you miss Part 1 and Part 2?
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.
Embedded solutions have taken the software industry by storm and disrupted the traditional distribution network for financial services, like payment processing. Explore this whitepaper to learn more about the payfac opportunity and why it has never been more important to your software business.
Choosing a white-label payment platform to power embeddedpayments lets software companies own seamless, branded payment solutions for their clients without having to take on the full responsibility for payments.
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.
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As the idea of delivering payments through software platforms 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 Integrated payments and embeddedpayments. That means that new models and terms have arisen quickly.
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.
How to implement a softwarepayment solution 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.
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.
In todays competitive software market, forward-thinking trade and field service platforms are no longer asking if they should modernize their payment infrastructure, theyre working diligently to source the right payments partner to implement innovative solutions before their competitors beat them to the punch.
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. With the plethora of options available, choosing a payment provider and integrating payments into your existing SaaS product can seem daunting.
Choosing the right EmbeddedPayments partner can feel overwhelming. This guide and scorecard equip software companies with the insights to make confident, informed decisions that enhance customer experience and fuel business growth.
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This growing market is switching up how small-to-medium-sized businesses (SMBs) access financial products, creating exciting new opportunities for software companies to reimagine their business models and restructure their product offerings. Embedded Finance trend #3: Ultra-personal services We’re not done with data just yet.
The BlockChyp acquisition is the most recent of numerous strategic moves by Stax over its 10-year history including its acquisitions of CardX, Fusebill, and Payment Depot in 2021 and Atlantic-Pacific Processing Systems in 2023. “As For more information about Stax, visit staxpayments.com. and Canada.
Speaker: Pete Uselman, Director of Partner Experience at Wind River Payments
Many software companies are exploring PayFac-as-a-Service providers in an effort to drive more embeddedpayments revenue and gain greater control over the customer experience. In this webinar, integrated payments veteran, Pete Uselman discusses the following: What is a PayFac?
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Your product is your bread and butter, and as a verticalized software company, you know just how important a tailored, industry-specific application is to your end user. User experience has become a cornerstone in shaping the world of SaaS.
Simplified Checkout Process Integrated payment systems simplify the checkout process, reducing the number of steps a customer must take to complete a transaction. By embeddingpayment solutions directly into your business’s software or online platform, customers can make purchases quickly and effortlessly.
Industry Leaders Unite to Produce Standards for the EmbeddedPayments Industry that Protect Their Payments Rights Denver — September 7, 2022 – A newly published EmbeddedPayments Bill of Rights that sets forth proposed industry standards, is rousing support and garnering interest from a wide range of organizations in the embeddedpayments (..)
Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting
Embeddingpayments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. 📆 January 23rd, 2025 at 9:30 AM PST, 12:30 PM EST, 5:30 PM GMT
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