payfacs

Half of Software Sector Marketplaces Cite Operational Upgrades as Top Innovation Priority
Half of Software Sector Marketplaces Cite Operational Upgrades as Top Innovation Priority
January 31, 2024  |  Innovation

Payment facilitators (PayFacs), independent software vendors (ISVs) and marketplaces find themselves in an era where navigating a fiercely competitive eCommerce landscape, filled with interrelated opportunities...

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Software Sector PayFacs Drive 47% More Digital Wallet Payments Than in Retail
Software Sector PayFacs Drive 47% More Digital Wallet Payments Than in Retail
January 23, 2024  |  Digital Payments

In an era dominated by digital transactions, the seamless integration of payments into the end-customer experience is no longer a mere preference; it’s now a...

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How PayFacs Use Payments to Reshape the Digital Economy
How PayFacs Use Payments to Reshape the Digital Economy
January 23, 2024  |  Digital Payments

Payment facilitators, or PayFacs, quietly lead a revolution at the heart of the digital economy. At the center of this shakeup lies embedded finance, encompassing...

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PayFacs Bet Big on Digital Wallets in 2024
PayFacs Bet Big on Digital Wallets in 2024
January 19, 2024  |  Digital Payments

Digital wallets are increasingly becoming a staple for processing transactions in the software publishing industry. Seventy-one percent of payment facilitators (PayFacs) have adopted this technology...

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PayFacs Expect Half of Their 2024 Revenues to Come From Value-Added Services
PayFacs Expect Half of Their 2024 Revenues to Come From Value-Added Services
January 16, 2024  |  Payment Methods

In today’s fast-paced digital world, companies across various industries are recognizing the importance of improving customers’ payments experiences. Many firms are turning to embedded payments,...

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BNPL and Digital Wallets High Priority for PayFacs and Marketplaces
BNPL and Digital Wallets High Priority for PayFacs and Marketplaces
December 22, 2023  |  Retail

Embedded payments can open the door to monetizing new revenue streams, deepening customer engagement and growing new lines of business. However, retail marketplaces, payment facilitators...

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Consumer Bill Payment Services and PayFacs Take the Sting Out of Card Acceptance Costs
Consumer Bill Payment Services and PayFacs Take the Sting Out of Card Acceptance Costs
December 13, 2023  |  Credit Cards

Marc Hopkins, vice president at E-Complish, told PYMNTS that although they’re almost universally used, and consumers expect merchants to accept them, credit and debit card...

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Nearly 3 in 5 PayFacs Exclusively Support Digital Payments Online or Via an App
Nearly 3 in 5 PayFacs Exclusively Support Digital Payments Online or Via an App
November 14, 2023  |  Digital Payments

The payments industry is undergoing a transformation, largely driven by the rise of payment facilitators, or PayFacs. These entities streamline the acceptance and processing of...

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PayFacs Boost Revenue by Improving Customer Experience
PayFacs Boost Revenue by Improving Customer Experience
November 08, 2023  |  Payment Methods

Payment facilitators (PayFacs) are entities that enable their customers to accept electronic transactions using the payment facilitator’s platform, which has control of the end-to-end transactions....

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