PSP & PayFac 101

Becoming a Payment Facilitator for a Saas Platform

Becoming a Payment Facilitator for a Saas Platform

Lately we started getting quite a lot of questions like: “What is required for a SaaS platform to become a PayFac?”, as well as inquiries from SaaS platform providers. Indeed, SaaS platform providers already use many features of PayFac model, often without realiz [...]

The Benefits of Becoming a Payment Facilitator for Franchisors

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Introduction: why become a payment facilitator Nowadays more and more software platforms adapt payment facilitator operation models, allowing them to service their clients, i.e. merchants, more efficiently. While at first glance franchise-based businesses do not seem [...]

PSPs, Payment Facilitators, and Aggregators

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Depending on particular region of the world, the terms payment service provider (PSP), payment facilitator, and payment aggregator can denote different concepts and have slightly different meanings, i.e. one and the same type of entity can be called in a different wa [...]

Becoming a Payment Service Provider

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The purpose of this entry is to review the key elements which a business needs to consider to become a payment service provider. Many ISOs and payment service providers after several years of operations realize that they can significantly reduce their costs and optim [...]

Payment Facilitators’ Role in Merchant Services

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In this article we are going to focus on an important category of merchant services industry players, called payment facilitators. We are going to explain the history of their emergence in the industry and list the challenges they face at the present-day market. Befo [...]

3 Cs for Payment Service Providers

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The purpose of this article is to explain some essential components and mechanisms needed for a business to become a payment service provider. With the increased use of electronic payments worldwide, there are more and more companies that are contemplating the idea o [...]

Sub-merchant Funding

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The purpose of this article is to familiarize different merchant services industry players (merchants, resellers and payment service providers) with the concept of sub-merchant funding and associated features required from a payment gateway. Introduction The concept [...]

Merchant Services Reserves

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The purpose of this article is to familiarize PSPs with the concepts of merchant services reserves. As mentioned in the previous article, handling of transactions that occur outside the normal processing cycle is an important consideration to bear in mind in the cont [...]

Handling Merchant Fees

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In the previous article we touched upon the topic of merchant funding, which is particularly important for payment service providers. This article is also targeted at PSPs, also known as third-party processors or payment facilitators. In the article we are going to a [...]

Merchant Funding for PSPs

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This article is, primarily, addressed to payment service providers, also known as third-party processors or payment facilitators. Its goal is to familiarize PSPs with the concept of merchant funding (remittance) and challenges associated with it. One of the issues fa [...]



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