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Skip the Hiring Headache: How Usio Makes Payment Facilitation a Breeze

USIO

Hiring your own staff as a payment facilitator involves significant costs and risks. Source: PayScale IT Security Specialist Role: Safeguards your payment systems from cyber threats, ensuring data integrity and security. We’ll also discuss how opting for a third-party solution like Usio can mitigate these risks.

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Payment Facilitation Providers

Agile Payments

Payment Facilitator Provider: Who do you work to become a Payment Facilitator? A Payment Facilitator or PayFac acts as a the Master Merchant. The Payment Facilitator is responsible for regulatory compliance and has financial risk of their sub-users.

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What Is an ACH Payment Facilitator?

Stax

Automated Clearing House (ACH) payments are a type of electronic bank-to-bank payment system in the US. Unlike payments facilitated by card networks like Visa or Mastercard, ACH payments are managed by a body called the National Automated Clearing House Association (NACHA). Let’s get started.

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Payment Facilitator vs Payment Gateway: Key Differences and Similarities

Stax

In a world where we’re spending more and more time online and every click is a potential transaction, it’s no surprise the eCommerce and digital payments sectors are experiencing exponential growth. In this article, we’ll dive into the intricacies of two types of players in the eCommerce ecosystem: payment gateways and payment facilitators.

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How Becoming a Payment Facilitator Improves Your Merchant’s Experience

How does becoming a payment facilitator help them achieve this? Many business-to-business software companies were founded for a single, fundamental purpose: to improve the business solutions available to a certain industry or vertical.

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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? What is a PayFac® developer?

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Best Credit Card Processing Companies

The Daily Egg

Every business that accepts credit cards needs to have a processing company to facilitate these transactions. Whether you’re selling online, in-person, over the phone, or on-the-go, businesses across all industries must use a payment processing service. There are hundreds of different payment processors on the market today.

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5 Myths - and the Truth - About Becoming a Payment Facilitator

Being a payment facilitator is not for everybody. But the single biggest factor that gets in the way of becoming a payment facilitator is the obfuscation (lies, to tell the truth) circulating within the industry about what it takes to be a PF. The timing might be wrong.

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The Payfac eBook

There’s plenty of talk out there regarding payment facilitators and how they fit in to the landscape of software-led payments. But the information can be a lot to sort through: What is a payment facilitator, exactly? What do they do? What’s involved in becoming one? And who should make that move?

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Get More Help With Merchant Onboarding and Get Payments Going Your Way

As software companies become a larger part of the payments world, you will have to determine how much of a role you want to play and how far up the payments revenue food chain you want to go.

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Your Guide to Embedded Payments

Right now, the embedded payments conversation can be downright confusing. Part of the reason for this owes to the sheer volume of terms used to describe some of the approaches within the space, like payfac, payment facilitator, merchant of record (MOR), embedded payments, software-led payments––and that's just to name a few.

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"I Love Filling Out 12-Page Applications and Waiting Weeks For a Response,” Said No Merchant Ever

For the Independent Software Vendors (ISVs) providing business solutions to their merchants, the legacy payments ecosystem does not operate in their favor. Learn how becoming a payment facilitator can improve a merchant’s experience and your revenue. ISVs have no control over the processes that touch their merchants every day.

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Compliance 101: What You Need to Know as a Payfac

Payment facilitators are obligated to follow rules and regulations from the multiple entities that govern the payments ecosystem. Compliance is achieved by implementing the appropriate processes needed to adhere to these rules and remaining aware of changing conditions.

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Take Payments Without Losing The Profits

If you are a vertically focused software company and hate giving up a big piece of your revenue pie to third parties, explore becoming a payment facilitator. Transform your business by increasing your revenue share, taking control of your merchant’s experience, and owning your risk management decisions.

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PayFac vs. ISO: What Is the Optimal Integrated Payment Strategy in SaaS?

Our comprehensive article delves into the merits and challenges of Payment Facilitators (PayFac) versus Independent Sales Organization (ISO) registration. Equip your business with the knowledge to choose the right payment strategy. Delve deeper into issues of scalability, compliance, and setup.