Stax

AUGUST 22, 2024

Two of the most popular payment solution providers for businesses looking to accept digital payments are payment processors and payment facilitators (PayFacs). PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks.

Merchant Services 88

Merchant Services Payment Services Payfac SaaS Payments 88

Stax

JANUARY 8, 2024

For SaaS companies, becoming a payment facilitator (or PayFac) offers a ton of advantages—including but not limited to—boosting retention and profitability while exercising greater control over the customer experience. Even the organizational shake-up that comes with the decision to become a PayFac may disrupt your core business.

Merchant Services 88

Merchant Services Payfac Payment Services SaaS Payments 88

Payrix

APRIL 10, 2025

By leveraging Payrix Pro , our PayFac-as-a-Service solution, this software platform was able to achieve their vision quickly all while delivering a superior product and customer experience.

Payments 100

Payments Payment Services Outsourcing Services Payment Solutions 100

Stax

DECEMBER 4, 2023

In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). However, be mindful of challenges like rapid technological advancements, evolving money laundering techniques, diverse clientele, varying risk profiles, cross-border transactions, and varied regulations.

Merchant Services 88

Merchant Services Payment Services Payfac Technical Review 88

Stax

FEBRUARY 15, 2024

In this article, we’ll break down two popular terms used in the payment processing industry—ISV and PayFac —and see what they exactly mean. There are two main ways that an ISV can become a payment provider—by adopting the ISO model or the PayFac model. What Is an ISV vs PayFac?

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 88

Payrix

MARCH 20, 2024

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?

Payments 147

Payments Embedded Payments Payment Services Payment Solutions 147

Payrix

JANUARY 28, 2025

Technological evolution : The foundations laid in recent years are expected to yield transformative advancements in Embedded Finance and platform regulation. He also highlighted the growing sophistication of fraud driven by AI, urging software platforms to choose partners who prioritize advanced fraud prevention technologies.

Payments 130

Payments Payment Solutions Merchant Services Payment Methods 130

Payrix

JULY 24, 2024

An overview of the Payrix Embedded Payments solution Embedded Payments come in various forms, but customers of Payrix have specifically sought out our PayFac-as-a-Service solution for its perfect balance of customization, control, and time-to-value.

Payments 130

Payments Embedded Payments Merchant Services Payment Services 130

Payrix

APRIL 3, 2024

What is a PayFac® developer? As a PayFac developer , software companies become their own payment facilitator , and therefore, can offer payment processing services directly to their merchants. We will explore the risk s in more detail in the next section. What is PayFac-as-a-Service?

Payment Services 100

Payment Services Merchant Services SaaS Payments Payment Facilitation 100

Stax

JANUARY 17, 2024

TL;DR A payment facilitator (PayFac) is essentially a SaaS vendor or software provider that enables its users (businesses) to accept online payments from their customers through the platform itself. An ACH payment facilitator, therefore, is simply a PayFac that allows users to accept payments through an electronic bank-to-bank network.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

JANUARY 22, 2024

TL;DR Payment gateways and PayFacs are both players in the digital payment process with similar goals in mind: secure and low-risk payments while providing seamless, fast, and positive customer experiences. A PayFac, by contrast, handles the bank’s interaction with a number of merchants. What is a Payment Facilitator (or PayFac)?

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Payrix

FEBRUARY 4, 2025

Software companies that want to integrate payments can do so by finding a payments provider that offers payment processing capabilities and technology that can be seamlessly integrated into the platform experience. Platform technology: Leverage technology that can transform your platform 2.

Payments 100

Payments Payment Services Merchant Services Payment Methods 100

Payrix

FEBRUARY 4, 2025

The most successful payment processors bring these third-party technologies and services together seamlessly to facilitate the transaction with simplicity, speed, and security. But at the most basic level, this is how the payment processor is involved in a credit card transaction: 1.

Payment Services 100

Payment Services Payments Merchant Services SaaS Payments 100

Payrix

FEBRUARY 4, 2025

Access to technology: sub-merchants benefit from an integrated payment solutions, such as point-of-sale systems or online payment gateways, provided by the master merchant. Reduced complexity: the master merchant takes care of compliance, fraud, and chargeback management, among other things, lessening administrative burden on sub-merchants.

Merchant Services 100

Merchant Services Payment Services Payments SaaS Payments 100

Payrix

AUGUST 14, 2024

However, for our Payrix partners, we use innovative technology, machine-learning, and automation to streamline the underwriting process, alleviating the pains traditionally associated with the merchant boarding experience. But it doesn’t have to continue like this.

Merchant Services 100

Merchant Services Payment Services Payments Software Review 100

Payrix

FEBRUARY 4, 2025

Do you find yourself listening to industry leaders and colleagues use terms like PayFac, PCI DSS, and tokenization and casually scratching your head in confusion? Payment facilitator (PayFac) A merchant registered by an acquirer to facilitate transactions on behalf of sub-merchants. Youve come to the right place. eCheck, PayPal, etc.)

Payment Services 100

Payment Services Merchant Services Payment Solutions Payment Methods 100

Payrix

JANUARY 30, 2024

The solution enabled the company to harness all the benefits of being a registered payment facilitator – without the time and expense of building a technology solution in-house. You can have the best developers, and people who have worked with payments technology since they were in the womb. GET A DEMO

Payments 130

Payments Payment Solutions Payment Features Merchant Services 130

Payrix

JULY 23, 2024

This engaging conversation provides valuable insights into the evolving landscape, with Ian and Renn tackling important questions, like: What are the benefits of implementing a PayFac-as-a-service model? And so, we chose to do a PayFac-as-a-service, or “PayFac in a box,” if you’d like. Ian Hillis That’s really helpful.

Payments 100

Payments Payment Solutions Finance Payment Services 100

Payrix

JANUARY 30, 2024

So we provide an all-in-one software platform with everything they need to focus on running their storage facility as opposed to being a technology expert. Payrix also provides Storable the option to become a fully registered payfac when the time is right. They’re not technologists. GET A DEMO

Payment Services 130

Payment Services Payments Merchant Services Payment Solutions 130

Payrix

JANUARY 30, 2024

Its payfac-as-a-service solution — Payrix Pro — enabled Nick to control the onboarding and customer service, while Payrix managed the processing, compliance, and most of the risk and liability. “Payments is a core part of my business, and a core part of our offering, but I’m not a payments company. I’m a studio management company.

Payment Services 130

Payment Services Payments Merchant Services Payment Solutions 130

Stax

DECEMBER 20, 2023

The first step is to find a partner that can provide the right payment technologies and services to your customers. How a PayFac like Stax can help A business can choose to open a merchant account on their own but the process can be laborious and time-consuming. How exactly can you get your users started with payments?

Merchant Services 88

Merchant Services Payment Services SaaS Payments Payments 88

Stax

AUGUST 26, 2024

The year 2024 is a special one for everyone at Stax because we’re celebrating a decade of transforming the payments industry and supporting our merchants and partners with innovative technologies and unwavering support. Launching PayFac and ISV solutions In 2019 and 2020, Stax became more than just a payment processor for merchants.

Payment Services 88

Payment Services Merchant Services Stax Payment Solutions 88

Payrix

DECEMBER 10, 2024

It will be important for software companies to look for software payments partners who can implement effective fraud monitoring and security technology, protocols, and ongoing support to ensure data is secure and ongoing PCI compliance is maintained.

Payment Services 100

Payment Services Merchant Services Payments Payment Solutions 100

Payrix

MAY 14, 2024

I mean, we have a PayFac customer right now, that’s transitioning their whole payments model. Ian Hillis With over two decades of experience in sales, marketing, and revenue in the software, technology, and payments industries, Adam has been at the helm of many companies experiencing significant growth.

Payments 147

Payments Payment Services Payment Solutions SaaS Payments 147

Subscription Flow

JANUARY 1, 2024

Also Read: How to Choose Between a Payment Facilitator (PayFac) and a Merchant of Record (MoR) for Your Business How to Use MoR for Your Online Transactions? Today, with technological advancement, there are many payment methods and processors that businesses opt for.

Merchant Services 52

Merchant Services Payment Services Payment Methods Payments 52