article thumbnail

The Best FinTechs for PayFac-as-a-Service: Because DIY is Overrated

USIO

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). So, which fintechs offer the best PayFac-as-a-Service? Lets break it down.

article thumbnail

Integrated Payments vs. Payfac-as-a-Service: What Developers Need to Know

USIO

Two prominent solutions that have emerged in recent years are integrated payments and Payfac-as-a-Service. This integration eliminates the need for separate payment gateways and allows businesses to manage transactions seamlessly within their existing infrastructure.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Integrated software vendor: Definition, types, and examples

Payrix

Doing so enables their customers to accept and manage payments for their businesses, all from the same platform. Learn more about PCI compliance management. Perched in the middle of those two models is payment-facilitation-as-a-service (PayFac-as-a-Service). Learn more about PayFac-as-a-Service.

Payments 130
article thumbnail

Thanks to Capchase, Intellum, Pilot, SafeBase, and Tilled for Sponsoring SaaStr Annual 2022!

SaaStr

The Intellum Platform includes all the tools an organization needs to create, manage, track and improve highly-personalized learning experiences for customers, partners and even employees. Take advantage of automation to manage your security assessments and NDAs. Welcome to Payfac-as-a-service.

article thumbnail

Integrated payments: Definition, types, and examples

Payrix

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. What are integrated payments? The biggest downside to this approach is a poor user experience.

Payments 130
article thumbnail

Payment processor: Definition, types, and examples

Payrix

Working on behalf of the acquiring bank, the payment processor performs multiple functions at once, from connecting merchants, customers, payment networks, and financial institutions to managing authorizations and settlements. Online they may include e-commerce platforms, mobile apps, or websites.

article thumbnail

Embedded Payments explained: Everything software companies need to know

Payrix

This allows them to manage the full payment experience with tailored solutions that contribute to a more seamless customer experience. For software companies with the resources to manage selling, marketing, servicing, risk and compliance, the effort can be very rewarding. How can software companies embed payments?

Payments 147