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Payment processor: Definition, types, and examples

Payrix

With the rise of Embedded Payments, payment processors have a new role as a powerful sales tool for software companies that strive to become the everything platform empowering them with essential digital finance tools to manage and grow their business as well as generate new revenue streams. Learn more about Embedded Finance.

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How to grow your field service platform’s revenue up to 3x with payments

Payrix

Perhaps your platform is specifically designed for HVAC businesses and does everything from route management to inventory to CRM all while processing and reconciling one-time and recurring payments. This is common when outsourcing payments. Basis point : A simplified unit of measure that expresses percentages in finance.

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Payment processor: Definition, types, and examples

Payrix

With the rise of Embedded Payments, payment processors have a new role as a powerful sales tool for software companies that strive to become the everything platform empowering them with essential digital finance tools to manage and grow their business as well as generate new revenue streams. Learn more about Embedded Finance.

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Master merchant: Definition, types, and examples

Payrix

Beyond payments, the master merchant plays an increasingly important role in embedded finance, which covers services like lending, insurance, and banking features integrated into non-financial platforms. 3 things you should know about a master merchant 1.

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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.