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Payment processor: Definition, types, and examples

Payrix

In physical stores, a POS system may include card readers or mobile payment devices. Online they may include e-commerce platforms, mobile apps, or websites. Embedded Payments can act as the foundation of your ancillary revenue growth strategy, allowing you to add other Embedded Finance solutions to your software more easily.

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Integrated payments: Definition, types, and examples

Payrix

Within the Embedded Payments structure, integrated payments are also known as referral partnerships. Card-present payments are useful for their customers accepting payments in storefronts, via mobile businesses (e.g. in-app payment) Digital wallets (e.g. food trucks), or at events.

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Payment processor: Definition, types, and examples

Payrix

In physical stores, a POS system may include card readers or mobile payment devices. Online they may include e-commerce platforms, mobile apps, or websites. Embedded Payments can act as the foundation of your ancillary revenue growth strategy, allowing you to add other Embedded Finance solutions to your software more easily.

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Glossary: 117 software-led payments terms to know

Payrix

Integrated software vendor (ISV) A company specializing in developing or selling software that runs on one or more operating systems; ISVs often embed payment technology into point-of-sale systems for merchants. Omnicommerce Retailing strategy concentrated on a seamless consumer experience through all available shopping channels.