article thumbnail

Master merchant: Definition, types, and examples

Payrix

This setup is commonly used in marketplaces, software platforms, or businesses that facilitate payments for a network of sellers, service providers, or smaller businesses. This model allows sub-merchants to focus on their core activities while benefiting from streamlined access to payment services.

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 approach enables businesses to streamline their operations by consolidating payment functionality directly into their point-of-sale (POS) systems, e-commerce platforms, or other software applications.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Glossary: 117 software-led payments terms to know

Payrix

They underwrite and onboard the sub-merchants and provide them with the products and services required to process electronic payments. Chargeback reduction service Screens presentments and chargebacks and returns certain invalid items to the acquirer or issuer, as appropriate.

article thumbnail

The 7 Best Mobile POS Systems for Small Businesses in 2024

Stax

Whether businesses are on the road or staff are simply moving about in-store, mobile point of sale systems (mPOS systems) are becoming an increasingly popular POS option for small businesses. In fact, mPOS systems are gradually gaining market share from the fixed cash-register-style POS market.

article thumbnail

29 Latin American SaaS Superstars

SaaStock

Since its launch in 2015, it has attracted more than 4,500 retailers who use it as their central marketplace. Some of its top uses include financial services, e-commerce, marketing, education, and many more. . The Brazilian platform Superlógica is created with small service businesses in mind. Funding to Date : $6.6M

article thumbnail

The Best Credit Card Processing Companies (In-Depth Review)

Neil Patel

Not only that, as a business owner you need to know that you’re not shelling out cash on inferior services or unnecessary additional fees. Square PayPal FIS Stripe Payline Data Fiserv BitPay Adyen Dharma Merchant Services Fattmerchant. Full-service credit card processing companies also take a monthly fee.

article thumbnail

Best Inventory Management Software

Neil Patel

Is it through a website or online marketplaces–or a combination of the two? A prospective software may offer several innovative features and support various sales channels, but if it doesn’t have the features you need or back the sales channel you currently use, buying it would be useless. Key Features. Key Features.