Generally, the least preferred method of contract financing. From merchant underwriting, payment acceptance, split fees, white-labeled partner portal, flexible payouts, and risk management. S. Stax Connect is a fully managed payments facilitation ecosystem with the ability to accelerate integration, enhance user experience and monetize payments for SaaS platforms. You have a product to develop and. A payment gateway, also known as PG, is a modern technology that helps online businesses to accept payments from their customers. The integration of payment. We are your total payments partner, with unmatched knowledge and innovative resources. Historically, ISVs would have referral share agreements with payment processors to enable payment acceptance for their customers. Grow you online business with our state-of-the-art payment gateway offering multiple payment options (credit card, debit card, UPI, Bharat QR, net banking, EMI payments, DCC payments, Standing Instructions (SI), recurring. Are you wondering what integrated payments could mean for your office and community?Partnering for success. FIGURE 3: North American Payment Facilitation Winners (PSPs & SaaS) Marketplaces and other forms of aggregators are also a key segment for growth in merchant payments. PayFacs typically leverage the software-as-a-service (SaaS. Payment Data Systems, Inc. ISVs looking for complete power over their payments program will be seeking to become payment facilitators. Founded by Joe Garza and Mike Cimilluca, eConduit is a technology provider that allows software companies the ability to enable their clients to. 30%. Integrated payments are also a great way for SaaS providers to make money, as SaaS customers are less price sensitive and highly. The IBM Payments Center is delivered on IBM Cloud® for Financial Services™. The API should provide all the. A payment facilitator provides financial service support to merchants so they can accept and process payments. SaaS and PaaS applications differ greatly in their requirements for payment facilitation, and that’s where we have the. About Vantiv, Inc. The Innovation Center has identified four key areas to improve access to high-quality integrated specialty care and is proposing a comprehensive specialty strategy to address each area: 1) enhance transparency in clinician performance, 2) continued deployment of episode payment models that align with ACOs and primary care,. They provide services that allow merchants to accept card-not-present (CNP) and card-present (CP) payments. In turn, these payments providers have turned to the latest digital innovations to transform the cross-border payments experience for treasurers, their beneficiaries and their customers. Payment Facilitator. Payfac-in-a-Box includes: Ability to quickly and efficiently create a custom, embedded and holistic payment solution through our suite of APIs. Another viable option, especially for businesses that do not want risk exposure, is that of a Payment Processing Partnership. Non-compliance risk. But the payment functionality was loosely integrated. PayFacs are a relatively new type of organization. . the motivation model and PC utilisation) to form an integrated theory of technology acceptance called unified theory of acceptance and use of technology (UTAUT). A Guide to Geometric. Over the past several months Fortis has brought payment facilitation and new vertical capabilities to market, expanded into Canada and launched over a dozen new integrated software partnerships. 1 - Payment Regulations. Integrate payments into your platform, drive a new revenue stream and improve customer experience with one smart solution: Payment Facilitation by J. Founded in 2001, EpicPay provides flexible, secure, reliable, and seamless integrated payments technology to more than 13,000 clients. integrated information systems that provide relevant information at the point of care and assist in coordination among clinicians across multiple transitions of care;For help managing card processing, contact your dedicated account representative. One viable way to actualize this system is by employing a payment facilitator, a method used by most independent service vendors to generate revenue from the payment facilitation. 5% of dollars processed. Learn how you can future-proof integrated payments within your software by partnering with an experienced integrated payments provider. This means owning every aspect of the payments cycle from onboarding to funding. Integrated payments technology. Embedded financial services —the idea that telcos, car manufacturers, software companies and logistics firms will offer payment options within their products or. The second type is a more modern, technology-first payfac solution from a commerce provider like Stripe. 5%. Chances are, you won’t be starting with a blank slate. A solution built for speed. During tasks such as revenue reconciliation, your accounting software needs to communicate with the rest of your payment processing system. Anticipates Results for Fourth Quarter and Fiscal Year 2022 In Line with Previously Provided Outlook. Look for a partner that can provide an alternative to carrying the burden that comes along with payment facilitation (i. Meet business-specific needs with modular UI components. . CORE payment solutions are typically embedded with a high focus on achieving payment automation, enhanced. Knowing your customers is the cornerstone of any successful business. 0 began. Commenting on the partnership, Greg Carter, Senior Vice President of Payment Facilitation at Usio, said, "Utilizing our proprietary PayFac-in-a-Box TM technology, Emphasys will now offer a truly integrated payments functionality that will benefit PHAs, tenants, landlords, vendors, and the network of related entities associated. Payment Facilitating allows the Master Merchant to quickly and easily onboard their sub merchants or in the case of a SaaS platform Payment Facilitating allows platform users to the ability to accept credit, debit card and in some case ACH. Adding Integrated Payments. For efficiency, the payment processor and the PayFac must be integrated. A facilitation payment or “grease payment” is a small sum of money paid to a Government Official in order to expedite routine and nondiscretionary activities, such as obtaining a visa or work order, installing telephone service, or initiating electrical service. As the world of. Payment gateways play a critical role in facilitating secure and seamless financial transactions between patients, healthcare providers, and insurance companies. Disrupting the ACH and Credit Card settlement and funding process via a Funding Report. Morgan Research expects 10-year Treasury yields to fall by half around the next recession, from a peak of 3. Software users can begin accepting payments almost immediately while. “Merchant acquiring and the $100 billionTrade facilitation is the simplification, harmonisation, standardisation and modernisation of trade procedures. The reason…not more than 4 months prior to this we were having the exact same discussion about how to properly define the terms pertaining to “payment facilitation”, “payments as a service”, “integrated processing solutions”, “integrated payments”, or a myriad of other. 0 Papua New Guinea In November 2020, funded by the Government of Australia, a project was to assist Papua New Guinea in advancing business-driven reforms at the intersection of trade facilitation,. Payment facilitation is a business model that enables software companies to provide a seamless, end-to-end integrated payment solution to their customers. 4811 or 513. ( EPAY ), Coupa Software Inc. iATS Payments — Best for Integrating into Your CRM. First, you need to determine the regulatory model in which you want to operate, either by becoming a payment institution, a payment facilitator, or an electronic money institution. The major benefit to becoming a Payment Facilitator is to quickly and easily onboard sub clients or SaaS platform users to facilitate credit, debit card and in some case ACH transactions . PayFac® solutions, at your service Worldpay from FIS is your advocate for payment facilitator solutions. Payments. , Eagle Bank, N. PUREfac Managed Payment Facilitation Simplified (800) 884-5208. Sets Conference Call to Announce Fourth Quarter and Fiscal Year. Founded in 2001, EpicPay provides flexible, secure, reliable, and seamless integrated payments technology to more than 13,000 clients. The payment facilitator model has made this possible. foundations of money and payments that together make up the fundamentals of the monetary system. 0 companies are able to capture more of the payment economics and offer merchants a better experience. Contact our Internet Attorneys with the form on this page or call us at 855-473-8474. When you are listed, you help secure the promise of a trusted payment system by highlighting your investment in data security and the. Payroc is a high-growth international merchant acquirer, payment facilitator, and processing powerhouse operating in 46 countries, and processing over $29 billion in annualized volume for more than 66,000 merchants. Customize the payments experience. g. 402) Items Advertisement Any single message prepared for placement in communication media, regardless of the number of placements. The reason why integrated payments are so popular? It boils down to a few different benefits. ACH Integrated payments eliminate the worry of fraudulent use if remitting payments by paper check. Solutions. Along with a payment gateway integration, you’re also building a merchant onboarding flow and management system. Just keep in mind, when implementing integrated payment systems with this method, it’s crucial to meticulously select the right payment facilitator, as the. 55%. Payment facilitation, or operating as a “PayFac” allows a SaaS company to act as a master merchant for its client base. Integrated payments are where the idea of software-led payments begins. It’s a simple and secure way to accept payments without the burden and risk of handling credit card data. Is a seamless integrated payment. Blue Parasol Group, LLC, d/b/a Paragon Paayment Solutions is a. Such a solution provides the following: Eliminates the MTL requirements; Manages the. Previously, Todd was a Vice Presi dent, Business Development at MerchantE and also held positions at Jonas Software, Tenneco. JPMorgan Chase acquired WePay in 2017, connecting our fintech technology with the strength and security of the #1 merchant acquirer. This feature allows end-users to make purchases within the software solution. Payment Processing Partnership. APPS is a perfect match for Splitit's Installments-as-a-Service platform and will empower our Agents, ISO's, ISV's and Payment Facilitators to grow their margins with their clients, an important. The core service payment facilitators offer merchants is the ability to accept credit and debit payments, both online. Elavon and U. Turn your users into platform growth drivers. An integrated payments partnership can be the foundation of your company's growth. From 2022 to 2029, the CAGR for embedded payments in Australia is expected to be 29. There are two ways to payment ownership without becoming a stand-alone payment facilitator. A payment facilitator manages the entire electronic payments process on behalf of merchants. A payment facilitator allows sub-merchants under one master merchant to process payments easily, with less hassle. A payment facilitator is a type of model in. The Role of a Payment Facilitator. They can also make payments via QR codes, and ATM • Currently, RPP supports P2P and merchant payments, while new services, i. Becoming an ACH aggregator or Payment Service Provider lends itself quite. The company announced this week that it is rolling out Payline I/O, a payment facilitation API for developers to integrate Payline solutions into their own tools. MSME Intent Registration. Benefit #1: Integrated payments streamline operations. Exact is integrated with leading processors in the US and Canada, including Elavon, Fiserv, Global Payments/TSYS, Chase Canada, and Moneris. APPS Acquired by Stax Atlantic-Pacific Processing Systems (APPS) is now part of Stax Payments. Fortis is a registered ISO of. Integrated payments providers that rely on clunky technology can cause significant problems for your business and your investors. Making Payments Simple is Our Passion. Solutions. Join us as we dive into the intriguing world of Payment Facilitators (PayFacs) within the integrated payments sphere. Blue Parasol Group, LLC, d/b/a Paragon Paayment Solutions is a ISO/SP of. Thus, the degree. e. Request a Demo. As one of the first companies to develop a Payment Facilitator platform in the United States and Canada, EpicPay has established a robust processing infrastructure. Seamlessly embed the ability to enroll, accept payments, and monetize software through a payment processing stream. 2%-0. 2. Payment Facilitation FOR SOFTWARE PLATFORMS Payfactory empowers leading platforms with immediate onboarding, payment acceptance and payouts through a suite of restful APIs. A powerful payment gateway that supports an extensive combination of devices, and operating systems for point of sale payments. Pick a platform and launch your custom store through the vendor's site. Our fully integrated, API-first technology platform makes payment facilitation quick and manageable by offering: Card-present, card-not-present, mobile and e-wallet solutions. Payment Facilitator Alternative. Manage all your payments easily and securely in one place through our hosted payment solution. Payment Facilitator Alternative. A technology-first solution for payment facilitation. Here are the five key components that make becoming a PayFac viable option: Available Capital: Facilitation is a development intensive effort. For illustration, if a Payment Facilitator knows their true overall cost amounts to 2. This feature allows end-users to make purchases within the software solution. Learn how Global Payments’ partner referral program provides payment technology and software solutions to add value and confidence for your customers. While a software company can pursue multiple pathways to offer payments to its customers, the only way to fully capture the benefits of FinTech 2. As a payfac you are generating a higher profit margin per transaction than, say, if you partnered with an integrated payments provider. An integrated payment solution eliminates manual tasks, facilitating faster transactions. For the. Across Europe, the UK generated around 25% of all digital payments in 2020, making the need for efficient and effective ways of carrying out transactions online more pressing than ever. VyaPay is a cloud-based Certified Payment Facilitation Platform, PayFac-as-a-Service. The company’s mission is to forge a holistic payments experience, guiding businesses to reach uncharted growth and scale. A facilitation payment is a payment that a business makes to facilitate legal or governmental proceedings. As payments become integrated into broader customer journeys, the sector’s boundaries have naturally expanded. Becoming a Payment Facilitator or PayFac is often a great fit for SaaS platforms that in addition to a business management app also offers a payment processing solution as well as payment specific solutions,. Establishing real time clearing for low value retail payments in the region 3. Payment facilitation requires the master merchant (usually the software provider) to take legal and financial responsibility for the transaction that occur under the primary merchant. In 2010. The SaaS provider onboards clients via a non-intrusive application process -- making it simple for the user base to quickly begin accepting customer payments by credit card or ACH Payments [some providers offer]. Over time, and with large processing quantities, the revenue generated from monetising. Morgan. Manage spend with the right card and controls. Amaryllis Payment Facilitation Platform can help scale your business and increase your business valuation by monetizing the payments flowing through your service. The SaaS platform hands off the merchant account application, provisioning, support and risk mitigation to the TPP. 35%. 2. We call it the Payments Maturity Curve, which consists of five stages. (2019). The CORE ISV Partner program is a curated path for businesses that provide software solutions and are integrated with CORE. Apply for Credit Limits. While the benefits are clear, don't overlook the essentials. trade facilitation measures – like an NTB reporting mechanism or a simplified trade regime for small traders and capacity-building can be used to their full extent to increase intra-African flows of biodiversity/BioTrade goods and create sustainable regional and continental value chains (UNECA et al. It is designed to address the requirements of financial institutions for regulatory compliance, security and resiliency. 3M prohibits facilitation payments, which can violate the UKBA and other. Our embedded payments for platforms software is our brand-new integrated payment facilitation platform, designed to work seamlessly with, rather than alongside, your software. They underwrite and onboard the submerchants and then provide them with the technology they need to process electronic payments and receive the funds from those payments. Integrated payments are also a great way for SaaS providers to make money, as SaaS customers are less price sensitive and highly likely to accept a service package that includes payments (resulting in low acquisition costs). Health care may be fertile ground for payment facilitators. In this video, "Exploring Payment Facil. (NYSE: VNTV) is a leading, integrated payment processor differentiated by a single, proprietary technology platform. With an integrated payments partnership, you don’t need endless development hours or a huge IT staff to get started. A caller chooses. , and Fifth Third Bank. , which rivals the margins a company could realize by. Technology is critical in the pursuit of scale and the Fortis platform continues to excel through innovation and investment. Payment facilitators have been approved for one master account from a provider. Praxis Cashier simplifies the complex with a single integration that connects businesses to over 540 integrated payment solutions. Payment Facilitation without Hassle (800) 884-5208. Becoming a payment facilitator is a change to your operational and support models, has and it pays long-term benefits. Like other businesses, many hospitals and health care. By simply adding payments to your vertical Saas products, you can easily capture significant new revenue and increase your TAM instantly. Deeply integrated payments. Chances are, you won’t be starting with a blank slate. Paragon is the next era of integrated payments, delivering tailored solutions and strategic partnerships that help software providers. The ongoing annual. Alternative payment facilitation solutions can earn anywhere from 20-60 basis points, or 0. We guarantee you will learn how to. Solutions. The Epic Platform is a. P. faster than your competitors. The Visa Global Registry of Service Providers is the payment industry's designated source for information on registered and compliant agents that provide payment-related services to Visa clients and merchants. How Integrated Payments Ensure Your Company’s Growth . Embedded payments are part of a bigger umbrella term called “embedded finance” that is defined as “the integration of financial services into non-financial websites, mobile apps, and business processes. As the world of. About Vantiv, Inc. FIGURE 2: SaaS Payment Facilitator Examples Source: company websites, Flagship Advisory Partners They understand the need to for a payment solution to be integrated, and because the most common payment rail is credit cards, that's the typical focus on the payment integration. This allows them to set up their application users to accept payments. Payments are crucial. 49% and 3. Rm 1202, Delta House, 3 On Yiu Street, Shatin, NT, Hong Kong. While your technical resources matter, none of them can function if they’re non-compliant. Registered payment facilitators earn 20-40 basis points more per transaction than they would riding the rails of another wholesale PayFac. 01274 649 893. Payments functionality is integrated into platforms that are used in differing ways by many different organizations. Chances are, you won’t be starting with a blank slate. Online Property Registration. VyaPay is a registered Payment Facilitator of Pathward, N. An ISO assists in processing payments for its clients. 5 per cent higher than the global average. Monetize Payments With PayFac-as-a-Service. Vantiv, Inc. 866. and provide them with a Managed Payment Facilitation solution. Meanwhile, payment processors focus on directly connecting a business to its consumers, making it quick and easy to start accepting payments. Integrated payments refer to payment processing systems embedded within a specific software application. With the wide variety of benefits offered by integrated payment services, don’t hesitate to consider partnering with a payment facilitation provider for your business. In a recent Working Paper, we outline a vision for new a platform to facilitate cross border payments, currency exchange, and financial contracting—dubbed the “X-C platform. Compliance lies at the heart of payment facilitation. Payment Reconciliation Done Right. , Concord, CA. The Payment Aggregator can quickly onboard a new merchant (typically a user of the SaaS offering) and they can begin. Operating models and platform decisions aside, the goals for your payment solution should be strategic and morph with your. Payment Gateway Integration: A Growth Strategy for developers and SAAS providers. payments, and the options that banks have in this evolving ecosystem to defend and extend client opportunities. Share your payment links via WhatsApp, social media messengers or any other digital channel and get paid immediately. 4811 or 513. g. that chose to become PayFacs and. 900. Consolidate your reporting in one place and keep transactions in order. It's when an application has the need to payout a third party a portion of the collected funds prompts them to contact us - and when they become aware of the MSB Factor . An integrated framework for the adoption and continuance intention to use mobile payment apps. That is really what attracted me to join FieldRoutes. , invoicing. In Latin America, digitalization provides an opportunity to create, a faster, cheaper and more transparent payments network. An integrated payment system allows merchants to easily accommodate these preferences, ensuring that customers can choose their most trusted and convenient payment method. S. Connect automatically updates to help meet the latest. 4% of processed volume and they sell at 2. √ 2x rewards on all purchases, no caps 1. With its integrated payment platform Omni, business owners, partners, and software companies have access to the industry’s only all-in-one solution providing the card-present, card-not-present. Our fully integrated, API-first technology platform makes payment facilitation quick and manageable by offering: Card-present, card-not-present, mobile and e-wallet solutions. Everything Integrated Payments for 2020. Create an end-to-end user experience without the overhead. Emails and Direct Phone Numbers of Director Payment Facilitation Integrated Paymentss Search and Find Anyone's Email Address, Direct Phone Number and Much More ZoomInfo’s database provides access to over 209 million professional profiles and 13 million business profiles, including more direct dials and email addresses of Director Payment. --(BUSINESS WIRE)--Payfactory, a fintech payment facilitator for software platforms, has announced a growth investment from Bluefin, the recognized integrated payments leader. In the case of Toast for instance, Ajao calculated their TAM increased by 3. P. “It’s all of the gain that ISVs perceive come. Here is the key part. Multiple integrated payment gateways. Now software businesses can earn revenue by acting as a payment facilitator (PayFac) with Exact’s PayFac-as-a-Service (PFaaS) solution. The WBG has also played a crucial role in facilitating timely and efficient cash transfers during emergencies and crises, most recently during the Ebola crisis in West Africa. Stripe’s payfac solution powers some of the world’s fastest-growing platforms. Typically a Payment Facilitator would be a software platform that serves a specific vertical market eg Event ticketing. $Usio’s products and services include ACH, Payment Facilitation, Prepaid Card Issuing, Electronic Bill Presentment and Payment (EBPP) as well as print and mail for those who elect to remit. The primary function of a payment processor is to verify the transaction details,. Our mission goes beyond transaction facilitation; we’re committed to elevating the entire customer journey, securing both immediate satisfaction and long. ”. 254. ATLANTA & TULSA, Okla. Our APIs enable you to build and scale end-to-end payments experiences, from instant onboarding to global payouts, and create new revenue streams – all while Stripe handles payments KYC. And I saw a real opportunity to provide a superior product and customer experience by. You might have heard of payment gateways like PayPal, Stripe,. A Guide to Geometric Growth using Integrated Payment Processing”. With embedded finance, sometimes called integrated commerce, and in particular, embedded payment technology, merchants and software providers can take another step toward seamless customer experience and. Payment facilitators have been approved for one master account from a provider. The remaining $20,000 is ___________________. PUREfac Managed Payment Facilitation; PUREcloud; Tokenization & Card Account Updater;. An integrated payments partnership is a strategic alliance where a software provider integrates or embeds the payment processor's technology directly into its own platform or software. Fixing the imperfections of the ACA will focus primarily on extending coverage to the uninsured, not dismantling the existing coverage most Americans enjoy today. 19. PayFac® solutions, at your service Worldpay from FIS is your advocate for payment facilitator solutions. ( COUP. Swipesum can help your business find the best possible integrated payment solutions for its unique needs. As one of the first. As one of the first companies to develop a Payment Facilitator platform in the United States and Canada, EpicPay has established a robust processing infrastructure. UniPay Gateway is the leading Omnichannel payment processing and management solution for PayFacs, Saas and equity firms operating worldwide. , 2019, p. ATLANTA & TULSA, Okla. With its integrated payment platform Omni, business owners, partners, and software companies have access to the industry’s only all-in-one solution providing the card-present, card-not-present. A payment facilitator, or PayFac, is a type of merchant services provider (MSP) that equips merchants with payment processing capabilities. The fastest growth in global embedded payments in the coming years will be in the Asia Pacific (APAC) region. Omnichannel retail strategy has evolved to incorporate not only physical retail stores and a great online experience but also includes social media, fintech and payment facilitation. Payment facilitator of Visa & Mastercard. In this post, we break down the differences between a few of the most common routes you can take when it comes to integrated payment models: independent sales organization (ISO), full-fledged payment facilitator (PayFac), or PayFac-as-a-Service (PFaaS) models. , Sioux Falls, SD. Streamline and shorten onboarding times by automating identity verification, including real-time KYC and KYB. We’ll manage risk, compliance and payouts, and keep you informed through our API. 8 Things to Look For in a Payment Gateway Integration. , which rivals the margins a company could realize by. These software companies take on greater risk but pocket a much larger portion of the processing revenues. There are a few behind-the-scenes differences between PayFacs and marketplaces that you should be aware of: If you're looking for a payments solution for your marketplace or payment facilitator platform, Swipesum would love to help! We have helped over 1,300 businesses find their perfect payment processing solutions. It’s safe to say becoming a payment facilitator is a highly complex and resource-intensive process. The medical center received a $100,000 capitation payment in January to cover healthcare cost of 150 managed care enrollees. 501)Converge Payment Gateway. When you partner with us, you gain access to our more. Payment Data Systems, Inc. (Nasdaq: USIO ), a leading FinTech integrated payment solutions provider, offers a wide range of payment solutions to merchants, billers, banks, service bureaus, crypto. Payment Facilitation as a Service (PFaaS) built specifically with software companies in mind. Non-compliance risk. Moreover, a well-integrated payment system offers the flexibility to incorporate personalized features, such as saved payment details and one-click. The Numerous Benefits of Using Integrated Payments. Depending on your application and business goals becoming a PayFac or leveraging a Payments Partnership can be viable options. The payment facilitator model (or PayFac model) was created to streamline the process of allowing end-users of these software platforms to process payments without adding extra steps or requiring additional solutions. 1 This growth has been supported and propelled by the continuous emergence of new technologies,. A third model to embed payments involves becoming a payment facilitator, known as a payfac. Fortis is a Payment Facilitator and ISO/MSP processing transactions for all major payment and banking networks. Integrated payment solutions built expressly for businesses in a vertical industry can remove friction and stress from supply-chain transactions by improving the payment experience. An example would be cost plus . payments is in a state of change and remarkable innovation, it is important to remember the core needs of society a ndA payment facilitator takes care of onboarding and managing payments. . As one of the first companies to develop a Payment Facilitator platform in the United States and Canada, EpicPay has established a robust processing infrastructure. 01274 649 893. We provide fully-supported payment solutions designed to promote and advance. Remitly is a fintech company that aims to simplify international money transfers and payments. ISOs have long occupied the payment processing and acceptance space in the industry. The integrated payments model has evolved to the point that ISVs are now able to become payment companies themselves, offering a one-stop merchant. Fortis is a Payment Facilitator and ISO/MSP processing transactions for all major payment and banking networks. Unlock SaaS revenue, turn payments into a profit center, and offer new financial. Refer and make money. There are two ways to payment ownership without becoming a stand-alone payment facilitator. Relying on a unique combination of postal big data and statistics made available by 172 countries, it paints a picture of an asymmetric state of postal. Becoming a payment facilitator is a change to your operational and support models, has and it pays long-term benefits. These services include its proprietary technology for payment facilitation (PayFac), automated clearing house (ACH) payments, and. And speaking of payment facilitation. Becoming a Payment Aggregator. Just keep in mind, when implementing integrated payment systems with this method, it’s crucial to. Requirements for payments facilitation vary significantly by country, business model, and transaction type. FinTech 2. This whole process sounds complicated, but in practice, it is often. Published. In Payment Facilitation As A Service, there are two possible revenue options. Improve provider satisfaction with omni-channel funding methods. Agile Payments has a PCI Compliant IVR Transaction solution that can be set for stand-alone, dedicated toll free numbers or a phone number that can be routed to from a prompt within your phone tree prompts. Payfac Terms to Know. This includes Tier 1 PSPs, major banks, e-wallets, instant wire solutions, and localized APMs. Private Sector Support. What are the advantages? Total control:. PUREfac Managed Payment Facilitation. Our integrated payments solution helps our customers process payments faster and more efficiently by harnessing the power of Chase’s best-in-class solutions and brand. VyaPay offers fully integrated and on-demand payment solutions. The industry term is Payment Facilitation (or Payfac), and Exact has everything you need to build and scale the entire process from instant onboarding to flexible payouts, fraud protection, comprehensive reporting and end-to-end data. The payment facilitator model is a relatively new one that offers some notable benefits to both the merchants they serve and themselves – namely a faster, smoother process, and more control over. An integrated payments provider like none other, Paragon is here to set the new standard in integrated payments partnerships. Start sharing in the processing fees collected on.