Remove PayFac as a Service Remove Payment Features Remove Payment Methods
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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). Some will actually pick up the phone when you call. Lets break it down.

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Payment processor: Definition, types, and examples

Payrix

What is a payment processor? A payment processor facilitates the flow of transactions typically made with credit cards, debit cards, and other digital payments. To operate as an integrated software vendor (ISV) or payment facilitator, a software company requires a relationship with an acquiring bank and a payment processor.

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Pumped up profits, with less heavy lifting

Payrix

Nick realized that adding payments to the software product was the only way he could continue to compete in the space, so he took the opportunity. Nick considered partnering with an ISO, but was reluctant to hand off his studio owners — and the relationships he built with them — to a payment processor. It’s too much work,” Nick said.