For SaaS applications with payment needs, eg Rentlee, a landlord platform offering rent collection, Payment Facilitation as a Service allows the platform to act as a master merchant account. This allows landlords to be set up as sub-accounts and begin accepting rent payments instantly. In the past Rentlee would have had to spend hundreds of thousands of dollars and 6+ months to register with the card associations to act as a true Payment Facilitator.
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How does a Software Platform make money from Payment Facilitation As A Service?
Topics:
hybrid payment facilitation
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Top 5 Things To Look For In Your Payment Facilitation as a Service Provider Search
Top 5 Things to look for in your Payment Facilitation as a Service Provider Search
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hybrid payment facilitation
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Payment Facilitator or Payments Partnership? Which option is the better fit for your SaaS
SaaS companies that offer payment processing solutions must decide whether of not become a Payment Facilitator or engaging in a Payments Partnership is the most viable solution for their business. Neither is
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Hybrid Payment Facilitation for SaaS Platforms
A Payment Facilitator can be thought of as a Master Merchant that facilitates and processes credit and debit card transactions for their platform users.
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Understanding the Benefits of Hybrid Payment Aggregation
The decision to become a Payment Aggregator or Payment Facilitator (Payfac) has massive implications for a SaaS application provider.
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Payment Facilitation Problems: What you should know about potential funding issues
Payment Facilitation Problems: What you should know about potential funding issues
Topics:
hybrid payment facilitation
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