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Integrated software vendor: Definition, types, and examples

Payrix

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. Perched in the middle of those two models is payment-facilitation-as-a-service (PayFac-as-a-Service).

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Payment processor: Definition, types, and examples

Payrix

When successfully implemented, they create a unified payment experience between online, in-store, mobile, and digital wallets, which decreases friction and increases customer engagement. It allows cardholders to conveniently pay for purchases directly from their devices instead of using their physical debit or credit cards.

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Embedded Payments explained: Everything software companies need to know

Payrix

Payment facilitation-as-a-Service (PayFac-as-a-Service) For those not quite ready to become a full PayFac but interested in more control over the payment experience than the referral partnership offers, this model can become the perfect ‘sweet spot.’ How can software companies embed payments?

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Integrated software vendor: Definition, types, and examples

Payrix

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. Perched in the middle of those two models is payment-facilitation-as-a-service (PayFac-as-a-Service).

Payments 100
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A sneak peek at how Payrix implements Embedded Payments

Payrix

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: Embedded Payments. Staying true to our promise of transparency, we’re offering a look into the Payrix implementation process.

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Revolutionizing software: The impact of Embedded Finance and lending | Episode 40

Payrix

This engaging conversation provides valuable insights into the evolving landscape, with Ian and Renn tackling important questions, like: What are the benefits of implementing a PayFac-as-a-service model? By bringing payments in-house, Inktavo enhanced its ability to offer a seamless and cohesive service to its customers.

Payments 100
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Payment processor: Definition, types, and examples

Payrix

When successfully implemented, they create a unified payment experience between online, in-store, mobile, and digital wallets, which decreases friction and increases customer engagement. It allows cardholders to conveniently pay for purchases directly from their devices instead of using their physical debit or credit cards.