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Welcome to Payfac-as-a-service. For far too long, options like Stripe and Braintree have had a monopoly on the market, and have charged far too much for their services. We enable these companies to enjoy all the benefits of a fully registered payment facilitator program without the upfront cost, hassle, or liability.
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.
Offering payment processing as a feature of your software is an integral part of providing a market-leading user experience to customers thats unified and seamless. Impact and growth potential: Optimize your market presence Learn more about what to look for in your search for a payments partner. Learn more about Embedded Finance.
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. Embedded vs. integrated payments: What’s the difference between referral partnerships, PayFac, and PayFac-as-a-Service?
Results Earned approximately $35,000 in additional revenue after integrating Went from processing $0 to $7.5mm in transactions in 12 + months Gained competitive advantage by offering new and easy-to-use mobile payment solution Became one of the leading booster club software providers on the market to date.
An overview of the Payrix Embedded Payments solution Embedded Payments come in various forms, but customers of Payrix have specifically sought out our PayFac-as-a-Service solution for its perfect balance of customization, control, and time-to-value.
Driven by the ever-present urgency to meet market demands, software providers have consistently been in a race to deliver a customer experience that rivals their competition. In recent years, many have discovered the value of Embedded Payments to elevate that experience.
Offering payment processing as a feature of your software is an integral part of providing a market-leading user experience to customers thats unified and seamless. Impact and growth potential: Optimize your market presence Learn more about what to look for in your search for a payments partner. Learn more about Embedded Finance.
Nick first marketed the fitDEGREE app to college recreation centers, and it only consisted of registration and inventory control features. Its payfac-as-a-service solution — Payrix Pro — enabled Nick to control the onboarding and customer service, while Payrix managed the processing, compliance, and most of the risk and liability.
Master merchant Payment facilitator that becomes the merchant of record on behalf of a network of smaller merchants (sub-merchants) or billing companies that regularly collect payments; key markets for master merchant networks include government, education, utilities, and nonprofit organizations.
Thats not just market growthits a wake-up call. Thats where Payfac-as-a-Service comes in. What Is Payfac-as-a-Service? A traditional payment facilitator (Payfac) takes on the full burden of underwriting, onboarding, compliance, and payment processing. Payfac-as-a-Service flips the script.
They must partner with a payments provider that offers those solutions, to then market them to businesses as a third-party seller. Listen now event Driving growth through seamless payments implementation Watch this on demand webinar to learn strategies for a friction-free launch of PayFac-as-a-Service.
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