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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). So, which fintechs offer the best PayFac-as-a-Service? Lets break it down.

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Thanks to Capchase, Intellum, Pilot, SafeBase, and Tilled for Sponsoring SaaStr Annual 2022!

SaaStr

Tilled was created to empower software vendors, marketplaces, and SAAS companies to start generating revenue from accepting credit cards. 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.

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Payment processor: Definition, types, and examples

Payrix

Embedded Payments Embedded Payments include three types of payment models that SaaS platforms use to manage their transactions: integrated payments or referral partnerships, PayFac-as-a-service, and payment facilitation, or PayFac. Online they may include e-commerce platforms, mobile apps, or websites.

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Payment facilitation and risk management: What do vertical software companies need to know?

Payrix

Before we dive into the risks associated with payments, let’s review why embedding payments is good for SaaS businesses and the three payment processing solutions available to software companies today. What are the benefits of adding payments to vertical software? In between referral partnership and PayFac is PayFac-as-a-Service.

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Usio + ues.io: App Development with Integrated Payments

USIO

Usio Payfac-as-a-service solution offers a comprehensive suite of features designed to simplify payment processing for businesses of all sizes. “Our partnership with Usio p erfectly complements this vision by providing a simple and secure way to integrate payments into any ues.io application. Key benefits for ues.io

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Payment processor: Definition, types, and examples

Payrix

Embedded Payments Embedded Payments include three types of payment models that SaaS platforms use to manage their transactions: integrated payments or referral partnerships, PayFac-as-a-service, and payment facilitation, or PayFac. Online they may include e-commerce platforms, mobile apps, or websites.

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Master merchant: Definition, types, and examples

Payrix

Enabling small businesses to accept payments through a SaaS platform or integrating payments into physical point-of-sale experiences, the master merchant can create seamless experiences for both merchants and their customers.