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What Are Payment Facilitators Responsible For?

Infinicept

Payment facilitators – also known as Payfacs – operate in cooperation with acquiring banks, card networks, and the regulators who oversee the payments system. Where does Payfac responsibility come from?

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Podcast: Become a PayFac®. The Easy Way. Fivestars’ Journey.

Infinicept

Matt Doka, COO of Fivestars, shares his journey to becoming a PayFac, why he left Stripe, how easy it actually was to become a payment facilitator and what he learned along the way.

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Checking all the boxes

Payrix

Storable , the leading provider of all-in-one software for the self-storage industry, has a vision for its payments solution that is reminiscent of the industry it serves. As John Durrett, General Manager of Payments for Storable, recently explained in a sit down with Payrix, Storable wants to make payments “invisible” for its customers.

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Podcast: Become a PayFac®. The Easy Way. Fivestars’ Journey.

Infinicept

Matt Doka, COO of Fivestars, shares his journey to becoming a PayFac, why he left Stripe, how easy it actually was to become a payment facilitator and what he learned along the way.

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Compliance 101: What You Need to Know as a Payfac

Payment facilitators are obligated to follow rules and regulations from the multiple entities that govern the payments ecosystem. Compliance is achieved by implementing the appropriate processes needed to adhere to these rules and remaining aware of changing conditions.

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How to become a Payfac: steps on the Payfac journey

Infinicept

For many software companies, becoming a payment facilitator, or Payfac, is an opportunity to benefit from a new revenue stream and gain more control over the customer experience. But because payments are outside the typical software company’s core offerings and expertise, bringing them in-house can seem daunting.

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Webinar Recap: Deconstructing the Myths About the Payfac Model – March 2023

Infinicept

Deconstructing the Myths About the Payment Facilitator Model Being a Payfac has many touted benefits: you bring payments in-house, increase gross revenue, and have more control over the merchant experience. Join us as we debunk common myths and uncover the truth about what it.

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Your Guide to Embedded Payments

Right now, the embedded payments 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), embedded payments, software-led payments––and that's just to name a few.

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The Payfac eBook

There’s plenty of talk out there regarding payment facilitators and how they fit in to the landscape of software-led payments. But the information can be a lot to sort through: What is a payment facilitator, exactly? What do they do? What’s involved in becoming one? And who should make that move?