Payment. Make payment facilitation a native part of your payments ecosystem. Software providers within verticals tend to merge with and acquire other organizations in the same vertical, for good reasons. $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. Becoming a Payment Aggregator. Associated payment facilitation costs, including engineering, due diligence and maintenance, can easily exceed $100,000 annually with upfront costs in excess of 100k. APIs enable real-time FX rates. Blue Parasol Group, LLC, d/b/a Paragon Paayment Solutions is a ISO/SP of. 254. 10. g. J. 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,. Payment acceptance has changed drastically over the years. What is a payment processor? A payment processor is a company or service that facilitates electronic transactions between customers and businesses by processing and authorizing credit card, debit card, and other digital payment methods such as digital wallets. foundations of money and payments that together make up the fundamentals of the monetary system. The integration of payment. About Usio, Inc. ( EPAY ), Coupa Software Inc. PUREfac Managed Payment Facilitation. We developed a referral program that offers recurring monthly income to you while providing value-added services of an integrated payment account, cash reconciliation, operational and cost savings to your 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. Instead, this aspect of your payments is controlled by a third-party payment processor—just like with the ISO/ISV model. An integrated payments partnership can be the foundation of your company's growth. By integrating it PayFac into your systems, your end users will each go through an identical onboarding process, so you don’t need to ask your customers to seek a. The Biden. 2. As health care payments increasingly look like traditional retail payments with various provider-consumer touchpoints, those acquiring hospital and medical clients are also turning to a payment facilitator model to secure contracts. Payment Data Systems, Inc. A payment facilitator, or PayFac, like PayPal, and now Stripe, Square and Braintree, have done away with the traditional hurdles associated with credit card processing. IVR Tokenization for phone based payments typically work as follows: When full credit card information is entered by the customer an API call is made via the IVR Gateway [data is. , & Wiese, M. 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. An integrated payment solution eliminates manual tasks, facilitating faster transactions. Robust API. √ No charge for additional cards,. --(BUSINESS WIRE)--Payfactory, a fintech payment facilitator for software platforms, has announced a growth investment from Bluefin, the recognized integrated payments leader. This includes Tier 1 PSPs, major banks, e-wallets, instant wire solutions, and localized APMs. In 2010. Step 2: Segment your customers. 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. In Latin America, digitalization provides an opportunity to create, a faster, cheaper and more transparent payments network. Over the past decade, financial technology has continued to evolve to meet the needs of customers and merchants alike. S. From payment facilitation to cardholder data security to white label payments, see what the top trends are for the coming year. Defense Investor Cell Portal. Moreover, a well-integrated payment system offers the flexibility to incorporate personalized features, such as saved payment details and one-click. If you are a SaaS enterprise looking for integrated payment facilitation, a growing Fintech searching for a payment technology partner or a Lending Platform in need of a white-label payment processing solution - we have a complete suite of financial products to suit your use case. 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. The payfac stands in place of the merchant for the purpose of credit and debit card rules, maintaining. The CORE ISV Partner program is a curated path for businesses that provide software solutions and are integrated with CORE. What is a PayFac (Payment Facilitator)? A Payment Facilitator (PayFac) is a third-party service that lets merchants accept various forms of non-cash payments like credit/debit cards or digital payments. There are two ways to payment ownership without becoming a stand-alone payment facilitator. The integrated System enables applicants to electronically submit their applications for Work/Residence Permit, pay required fees, receive status notification and Grant Notice online via their email accounts. We do this by allowing software companies to ‘white-label’ our Payment Facilitation. Integrated payment solutions simplify operations and improve efficiencies, so you can run your business better. As a payfac you are generating a higher profit margin per transaction than, say, if you partnered with an integrated payments provider. These software companies take on greater risk but pocket a much larger portion of the processing revenues. g. and provide them with a Managed Payment Facilitation solution. Conceptually, it is an attractive feature to introduce: fast. While the benefits are clear, don't overlook the essentials. The integrated payments model has evolved to the point that ISVs are now able to become payment companies themselves, offering a one-stop merchant. Make payment facilitation an innate feature within your current. Unlock SaaS revenue, turn payments into a profit center, and offer new financial. Create an end-to-end user experience without the overhead. Integrated payments for software platforms have been dominated by Stripe, Braintree, and PayPal for over 10 years. Online B2C card payments. End Customer Facilitation. Payfactory shares revenue with platforms and offers competitive rates for the businesses you serve with $0 monthly-fee options. Nuvei Completes $1. A payment facilitator is a merchant service provider that simplifies the merchant account enrollment process. IR@vantiv. Our mission goes beyond transaction facilitation; we’re committed to elevating the entire customer journey, securing both immediate satisfaction and long. Billing and Invoicing: Create stunning invoices using our powerful invoice editor, which is integrated into your accounting system. 1. Alternative payment facilitation solutions can earn anywhere from 20-60 basis points, or 0. Taken literally, Visa and MasterCard define payment facilitators as third-party agents who can sign a merchant. If you’re new to it, the lure of payments revenue –. 99% uptime availability with transaction response times of less than 1 second. Streamline and shorten onboarding times by automating identity verification, including real-time KYC and KYB. Get Started. Future-Proof Integrated. SAN ANTONIO, April 24, 2023--Usio, Inc. Republic Act 9485 (The Anti-Red Tape Act of 2007) specifically prohibits facilitation payments. VoPay’s Fintech-as-a-Service technology is a full stack of integrated payment rails, commerce tools and financial services that can be embedded into any digital platform through a single and scalable API. Meanwhile, payment processors focus on directly connecting a business to its consumers, making it quick and easy to start accepting 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). The need and desire for payment facilitation and managed payment facilitation programs will not be slowing down in 2020. Traditionally, an integrated payments partner would work with software providers to bring in new merchant accounts. S. (NASDAQ: PYDS), a leading integrated payment solutions provider, offers a wide range of payment solutions to merchants, billers, banks, service bureaus, and card issuers. Look for a provider that offers the capabilities, security, and uptime that will meet your needs and those of your clients. Payment facilitation and payment facilitators come in many forms. payment of duties and fees;. 01274 649 893. But this notion of. The Payment Facilitator versus Payment Processors distinction is primarily differentiated by the end customer on-boarding process and the funding + descriptor differences. Consolidate your reporting in one place and keep transactions in order. Private Sector Support. 19. Partners also benefit from direct connectivity into the world’s largest and most lucrative markets, all backed by. They help merchants get set up to accept payments and provide different services based on their needs. 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 . Integrated payments providers that rely on clunky technology can cause significant problems for your business and your investors. A payment facilitator manages the entire electronic payments process on behalf of merchants. The Reserve Bank of India (RBI) reported a compound annual growth rate (CAGR) of 61% in volume and 19% in value for digital payments in India between 2014–2019. Acqra Pay is an integrated payment processing service for e-commerce and online transactions. 900. Partnership is everything. By 2014, we evolved to deliver integrated, white label payments solutions to leading SaaS platforms. Request a Demo. By contrast, embedded payments involve making payments an integral part of your business. Becoming a payment facilitator is a change to your operational and support models, has and it pays long-term benefits. As independent, provider-agnostic consultants, we exclusively focus on supporting your company throughout the process. A payment facilitator allows sub-merchants under one master merchant to process payments easily, with less hassle. Contact. Is a seamless integrated payment. Payment Facilitator Alternative. rom a team that has dedicated their careers to creating solutions designed specifically for software providers and their customers, Paragon Payment Solutions knows integrated payment processing. 05% then the platform has cost = 2. As the idea of Payment Facilitation gains traction, more and more SaaS companies are exploring whether payment processing is for them. Through its thousands of global bank, mobile money and. Payments for software platforms. S. Join us as we dive into the intriguing world of Payment Facilitators (PayFacs) within the integrated payments sphere. This way, the amount that customers pay for their online purchases reaches the. A Payment Facilitator [Payfac] is essentially a Master Merchant that processes credit and debit card transactions for sub-merchants within their payment. Enhance member communication and satisfaction with simple explanations of how much they owe to their. The keyword "Praxis" echoes, highlighting the simplicity and effectiveness of this integration. . Non-compliance risk. e. Key Points. 1 - Payment Regulations. All the benefits of PayFac without all the costs. One that can quickly and easily boost your product portfolio with integrated, easy-to-use technology, tools, resources and 24/7, top-rated. 19. , Cincinnati, OH. 0 began. Ransomware payments reached over $400 million globally in 2020, and topped $81 million in the first quarter of 2021, illustrating the financially driven nature of these activities. The integration of payment. Tilled, a U. 2. In Payment Facilitation As A Service, there are two possible revenue options. Evolve Support. Through its platform, Usio offers a way for companies to access the benefits of Payment Facilitation (PayFac) without facing the hassles or incurring the complex and laborious upfront investment required, much less the risk associated with becoming a PayFac. Each time the ISV refers a new account that signs up and processes with the payments partner they get paid. 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, e. P. The digital payments market in the UK rose to a value of $164. , which rivals the margins a company could realize by. You’re ready to accept payments online. The traditional method of bringing payments in-house involves integrating a payment gateway or processor into the platform, allowing for seamless transactions within the platform. With Payrix Pro, you can experience the growth you deserve without the growing pains. PAYMENT FACILITATION 101 The world of embedded payments is complicated, evolving, and exciting all at the same time. Payment facilitators have been approved for one master account from a provider. A Payment Facilitator is a merchant service provider that streamlines the on-boarding merchant account process. Affinity partners. While all of these options allow you to integrate payment processing and grow your. Payment Data Systems, Inc. In this model your business partners with a TPP. For illustration, if a Payment Facilitator knows their true overall cost amounts to 2. g. Praxis Cashier simplifies the complex with a single integration that connects businesses to over 540 integrated payment solutions. 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]. It merges channels, promising digital efficiencies to in-person merchants. Here are the five key components that make becoming a PayFac viable option: Available Capital: Facilitation is a development intensive effort. #Hashtags #paymentfacilitationDec 13, 2018 10:44:35 AM. point-of-sale system, accounting software, business management. Converge is a leading payment gateway for authorizing payment transactions quickly and securely, whether in-person, online, or on-the-go. We’ll manage risk, compliance and payouts, and keep you informed through our API. Partnering with a PayFac (outsourcing to a provider) With this payments model, you are outsourcing the bulk of your payment responsibilities to a PayFac. 9% their margin is . Specialties Fintech, Partnerships, Payments, Payment Facilitation, ISO & Agent Programs, Integrated Payments, Merchant Services, Payment Processing, Merchant Accounts. Fortis is a Payment Facilitator and ISO/MSP processing transactions for all major payment and banking networks. To learn how your software application can become a billing solution for your users as well as generate additional revenue streams, contact Wayne today at [email protected] Payment Solutions. This includes Tier 1 PSPs, major banks, e-wallets, instant wire solutions, and localized APMs. In today’s tech-driven world, software companies must carefully consider their needs when assessing integrated payment solutions. You may likely serve a diverse array of customers, from large enterprises to individuals on “freemium” plans. Payment Facilitator Alternative The payment facilitation market is booming, with revenues expected to reach $15 billion by 2025. You own the payment experience and are responsible for building out your sub-merchant’s experience. Humbani, M. A solution built for speed. – cost, risk and liability) and find an integrated payments provider that offers an instantaneous, white-labeled, frictionless boarding experience. Fast, customizable portals, customer onboarding, and. The % depends on many variables including. PUREfac Managed Payment Facilitation Simplified (800) 884-5208. Build your own pixel-perfect payment experience. Payment facilitation. Elavon government payment solutions allow government agencies, universities, and other public sector entities to customize their needs for payment processing. 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,. About Usio, Inc. Multiple integrated payment gateways. For more than 19 years, Agile Payments has been providing integrated payments solutions to businesses who develop and provide software applications to their vertical industries. Fortis is a Payment Facilitator and ISO/MSP processing transactions for all major payment and banking networks. The company offers single-platform access to omni-channel payments, integrated solutions and a robust payment facilitation platform. If they are not, then transactions will not be properly routed. Becoming a payment facilitator is a change to your operational and support models, has and it pays long-term benefits. Recently we retained Ernest Park of Airius Internet Solutions for assistance in security. 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. A payment facilitator is responsible for a number of tasks. 0 is to become a payment facilitator (payfac). As the solution of choice for the future of payments, Fortis moves. While your technical resources matter, none of them can function if they’re non-compliant. A payment facilitator manages the entire electronic payments process on behalf of merchants. Payment gateways play a critical role in facilitating secure and seamless financial transactions between patients, healthcare providers, and insurance companies. The fastest growth in global embedded payments in the coming years will be in the Asia Pacific (APAC) region. 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. GUIDE TO PAYMENT FACILITATION OPTIONS Embedding payments into your platform FIND OUT WHAT’S BEHIND THE BUZZ How involved should you be in payments? When faced with the multitude of challenges during hypergrowth, you might be tempted to take a hands-of approach to payments integration. Payment Facilitator Alternative. , Concord, CA. Put our half century of payment expertise to work for you. Caution - Online PAN applicants Protean Cautions Public Against Spurious Calls “IVR” (24/7) Self-service to know PAN & TAN status in English and हिंदी languages on 08069708080 “WhatsApp” connect with us on 8096078080, just say “Hi” to start the journey with Protean If any NRI’s PAN is still inoperative, he/she is requested to intimate his/her. com 3 Fast Fact: Integrated sotware vendors (ISVs) selling to businesses can become payment facilitators (PFs), which allows them to provide their clients with integrated payment acceptance and proit from the associated revenue stream. Design a fully branded checkout with customizable CSS-level styling. A Payment Aggregator or Facilitator [Payfac] can be thought of as being a Master Merchant-facilitating credit and debit card transactions for sub-merchants within their payment ecosystem. (NYSE: VNTV) is a leading, integrated payment processor differentiated by a single, proprietary technology platform. 2%-0. So the master Payment Facilitation provider may offer a 35 or 50% or more share of revenue as described above. As the world of. This embedded payments capability allows SaaS businesses to monetize transactions that occur on the SaaS platform. Step 2: Segment your customers. Before I consider the changing payments environment and the future outlook, let me rst briey touch on t he. As a. Learn how Global Payments’ partner referral program provides payment technology and software solutions to add value and confidence for your customers. Our embedded payments for platforms software is our brand-new integrated payment facilitation platform, designed to work seamlessly with, rather than alongside, your software. Learn more. 3. The thing you are facilitating must. In this model if true cost is 2. As it has been for many years, with,. A payment facilitator is a company (generally an ISV) that allows its users to accept payments through their software using their infrastructure. Fast, customizable portals, customer onboarding, and. Payment facilitator vs payment processor. •Facilitation of Financial literacy/education and establishment. Integrated Payments (25) Integrated Payments Partnerships (31) Mobile Payments (7) Omnichannel Payments (2) Paragon (4) Paragon Payment Solutions Awards & Recognition (2) Payfac (18) Payment API Integration (18) PCI Compliance (13) Point-to-Point Encryption (4) Tokenization (5)Tomorrow’s world of payments. The PayFac gathers a few key data points from. Enabling businesses to outsource their payment processing, rather than constructing and. Todd received a. (TSE: CSU), Constellation Payments was born to provide one simple payment solution that helps businesses all over the world eliminate manual effort, streamline workflows, and gain back time to focus on core. for all your payment needs. Monetize Payments With PayFac-as-a-Service. And I saw a real opportunity to provide a superior product and customer experience by. The second type is a more modern, technology-first payfac solution from a commerce provider like Stripe. 3. Amaryllis Payment Facilitation Platform can help scale your business and increase your business valuation by monetizing the payments flowing through your service. Since Shopify embedded payment acceptance into its core eCommerce infrastructure, it benefited proportionately as its merchant stores sold more, producing an exponential growth rate. It can also be considered as software that connects the bank account related to a business to an online portal – website or app. Payment facilitators are merchant service providers that enable merchants to process payments electronically. Contextual fields based on location, users. The payment is made via an online portal, over the phone (voice or text), or in person. Payment Gateway Integration: A Growth Strategy for developers and SAAS providers. Payroc offers best-in-class sales enablement and merchant processing technology, delivering proprietary, innovative. S. Morgan. com. Types of Digital Payments Offered. We’ll manage risk, compliance and payouts, and keep you informed through our API. In the case of Toast for instance, Ajao calculated their TAM increased by 3. Payment Facilitation FOR SOFTWARE PLATFORMS Payfactory empowers leading platforms with immediate onboarding, payment acceptance and payouts through a suite of restful APIs. e. 8 Things to Look For in a Payment Gateway Integration. 0 is to become a payment facilitator (payfac). The traditional payment facilitator model is. Connect automatically updates to help meet the latest. Founded in 2001, EpicPay provides flexible, secure, reliable, and seamless integrated payments technology to more than 13,000 clients. If you are a SaaS enterprise looking for integrated payment facilitation, a growing Fintech searching for a payment technology partner. Multiple integrated payment gateways. In reality, many vertical SaaS platforms take a gradual path to mature their payments sophistication and knowledge. Look for a partner that can provide an alternative to carrying the burden that comes along with payment facilitation (i. Golfpay's patented Omnichannel Golf Communication. Fortis is a registered ISO of Fifth Third Bank, N. 01274 649 893. Include in the documents to be uploaded with the Application Form receipt for payment of facilitation fees for applicants who are. Integrated payments refer to payment processing systems embedded within a specific software application. 2%, depending on the card type. Future-Proof Integrated. Bready referred to the service as a hybrid option for ISVs, and it’s resonating with those clients. Your e-commerce platform will walk you through how to link your online store to your QuickBooks account. Your customers enter sensitive credit/debit details into our hosted payment page rather than your internal system. Todd Bellino is a Director, Payment Facilitation & Integrated Payments at Payroc based in Tinley Park, Illinois. A caller chooses. Independent software vendors have the potential to address $35 trillion in payments, or 15% of the worldwide total, by integrating payments into their platforms. These software companies take on greater risk but pocket a much larger portion of the processing revenues. We're committed to assisting developers in solutions due diligence, sourcing technical capabilities, redlining partnership agreements, and sitting on your side of the table through. Our suite of tools and services offers a choice of funding options, settlement, revenue generation, and risk management capabilities for payment facilitators. While your technical resources matter, none of them can function if they’re non-compliant. Payment facilitation is a business model that enables software companies to provide a seamless, end-to-end integrated payment solution to their customers. Evaluate the cost implications of both systems. Traditionally, processing payments has been a major pain point for merchants, because it requires multiple compatible systems (e. com. PayFacs typically leverage the software-as-a-service (SaaS. Far beyond the mere facilitation of transactions, this integration serves as a linchpin for a myriad of advantages that permeate through various dimensions of your business operations. , and Fifth Third Bank. Retail Payments . Payment facilitation, or “payfac,” continues to grow in popularity among software providers and is designed to facilitate payment card acceptance without requiring individual merchants to go through the lengthy process of establishing traditional merchant accounts. Rm 1202, Delta House, 3 On Yiu Street, Shatin, NT, Hong Kong. . UniPay Gateway is the leading Omnichannel payment processing and management solution for PayFacs, Saas and equity firms operating worldwide. We have APIs for all business types, whatever your size or location and whether you take payments online or at point of sale. We’ll manage risk, compliance and payouts, and keep you informed through our API. Harnessing the financial strength and stability of our parent company, Constellation Software, Inc. They can also make payments via QR codes, and ATM • Currently, RPP supports P2P and merchant payments, while new services, i. Especially as technology advances, we’re seeing payment technology companies play a bigger role in the payments industry—and many of them are even merging with traditional. Exact is integrated with leading processors in the US and Canada, including Elavon, Fiserv, Global Payments/TSYS, Chase Canada, and Moneris. A powerful payment gateway that supports an extensive combination of devices, and operating systems for point of sale payments. Fortis is a registered ISO of Fifth Third Bank, N. 0 companies are able to capture more of the payment economics and offer merchants a better experience. An ISO assists in processing payments for its clients. 4811 or 513. About Fortis. The Numerous Benefits of Using Integrated Payments. A facilitating payment is a small bribe made to expedite the performance of a routine or necessary action to which the payer is already entitled. No integration fees. That’s where Paragon’s PUREfac Managed Payment Facilitation program comes in, helping software providers deliver an instantaneous, frictionless boarding experience without the requirement to take on the. Registered payment facilitators earn 20-40 basis points more per transaction than they would riding the rails of another wholesale PayFac. Take full advantage of the benefits of payment facilitation, without any of the headaches, regulatory compliance, or liabilities of becoming a fully registered payment facilitator. Payfactory shares revenue with platforms and offers competitive rates for the businesses you serve with $0 monthly-fee options. PFMS started during 2009 with the objective of tracking funds released under all Plan schemes of. Private Sector Support. 5 per cent higher than the global average. As a payment facilitator, you have the relationship with the sponsored merchants and receive settlement Integrated Payments 1. Small/Medium. If partnerships between payment processing vendors and software vendors are a natural fit, then it stands to reason combining the two into a single entity would make a lot of sense too, and that’s where payment facilitators come in. Payments are crucial. From referrals to an integrated API to full payment facilitation, it can feel like a steep slope to incorporate payments in any way with a SaaS platform. Simply put, software companies partner with banks and technology providers to extend a seamless experience to customers on their. We guarantee you will learn how to. Selecting the right integrated payments partner can be a complex process. EpicPay International LLC, DBA Fortis Payment Systems LLC is a. Online Payment System Software and Global Payment Processor - UniPay Gateway. Acqra Pay – E-commerce Payment. The system is designed and developed so that it can easily be adopted by the employers, contractors,. Paragon is the next era of integrated payments, delivering tailored solutions and strategic partnerships that help software providers. 4bn in August 2020, a 6% year-on-year increase of $10bn. Consider looking for ways to facilitate commerce, not just payments. Payfac-in-a-Box includes: Ability to quickly and efficiently create a custom, embedded and holistic payment solution through our suite of APIs. Essentially PayFacs provide the full infrastructure for another. 5 per cent higher than the global average. We understand the details of embedded payments and the options for building a solution. Pick a platform and launch your custom store through the vendor's site. FIGURE 2: SaaS Payment Facilitator Examples Source: company websites, Flagship Advisory PartnersThey 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. Postal Development Report 2022. Connect your account. During tasks such as revenue reconciliation, your accounting software needs to communicate with the rest of your payment processing system. point-of-sale system, accounting software, business. Integrated Payment Methods Built for Convenience Payment Link. The reason why integrated payments are so popular? It boils down to a few different benefits. 01274 649 893. 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. API or pre-built form options. A payment facilitator (PayFac) supplies clients with merchant accounts under its own. While both terms are sometimes used interchangeably, there are significant differences between a payment facilitator and a payment. To make the ACA more affordable for individuals and families, the AMA is advocating to: Expand eligibility for tax credit offsets to premiums to five times the federal poverty level. A technology-first solution for payment facilitation. com. Payment facilitators, aka PayFacs, are essentially mini payment processors. For other assistance, keep this information handy: PCI Compliance – Click here to learn how to validate your compliance. Stripe Connect is the fastest and easiest way to integrate payments into your platform or marketplace. An example would be cost plus . Many merchants were hamstrung in 2020 by their legacy, siloed payment systems, which stood in the way of the integrated and seamless shopping experiences their customers desire. 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. Create an end-to-end user experience without the overhead.