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Payment Facilitator: Is This the Right Payment Solution for Your Business?
18October

Payment Facilitator: Is This the Right Payment...

By Shannon LeDuff

Becoming a payment facilitator (Payfac) offers a great opportunity to increase your value to clients. If you provide software or other technology services, payment facilitation could enhance your product line and...

What are the Registration Requirements for Becoming a Payfac?
18October

What are the Registration Requirements for Becoming...

By Shannon LeDuff

In today's business environment, software companies have the ability to generate revenue on a number of fronts. Not only can they sell or license their software, but software as a service (SaaS)...

What is the Payfac Model
04October

What is the Payfac Model

By Shannon LeDuff

Payment processing services traditionally require businesses to create merchant accounts with an independent sales organization (ISO) that works on behalf of the bank that ultimately serves the accounts. This can be...

Differences: Payment Facilitator, Payment Processor and Payment Aggregator
04October

Differences: Payment Facilitator, Payment Processor...

By Shannon LeDuff

Within the payment processing industry, you will find there are numerous terms and definitions for products and services. In many cases these terms are used interchangeably even though they actually...

The Future of ISVs, SaaS, and App Builders
03October

The Future of ISVs, SaaS, and App Builders

By Shannon LeDuff

The tech industry continues to boom as hardware has improved to the point where they can accomplish more with even less. As such, ISVs, SaaS providers, and app developers are all competing in the market space. While...

5 Simple Ways ISVs can Facilitate Payments for Their Client
06September

5 Simple Ways ISVs can Facilitate Payments for Their...

By Dana Odom

Independent software vendors are leading the way on the payment facilitation front, and clients are looking to them for more information about how to improve their customer experiences. There are many ways that ISV's...

The Differences between Becoming a Payment Aggregator vs Being a Merchant of Record
26July

The Differences between Becoming a Payment...

By Shannon LeDuff

Payment aggregators vs. merchants of record: six of one and half a dozen of the other, or not? Terminology in the payments processing industry has reached a level of complexity matching that of a giant jigsaw puzzle,...

Why Debt Collectors are Considered High-Risk?
18July

Why Debt Collectors are Considered High-Risk?

By John Hughes

Some companies face more difficulty than others in setting up payment processing services. In some cases, the business owner's personal credit or the newness of the business itself places it in a high-risk category....