Remove End User Remove Master Account Remove Underwriting
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PayFac Model 101: Payment Facilitators Explained

Exact Payments

Unlike traditional merchant service providers that resell payment processing, PayFacs own processing accounts and underwrite and onboard sub-merchants under their accounts. By choosing to become a PayFac, SaaS companies and ISVs can enjoy incredible revenue-earning opportunities and greater control over the end-user experience.

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How Payment Facilitation Works: An Overview for SaaS Providers

Exact Payments

Differentiator 1: Payment Aggregation The most crucial distinguishing factor of PayFacs is that they operate as merchants themselves and register for processing accounts directly with an acquiring bank. They are then able to onboard and aggregate sub-merchant accounts under their master account.