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The setup connects payment processing with a point-of-sale (POS) system software that can sync with other business-critical systems and streamline processes. 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.
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?
The setup connects payment processing with a point-of-sale (POS) system software that can sync with other business-critical systems and streamline processes. 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.
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. eCheck, PayPal, etc.)
An independent sales organization commonly referred to as an ISO is a third-party organization that sells products or services on behalf of another organization. In the payments world, an ISO will partner with a payments provider to sell their merchant services to businesses.
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