Payfac news and trends

Forward Raises $16 Million to Grow Payment Facilitation Platform
Investments // May 31, 2024

Forward plans to help more software-as-a-service (SaaS) companies add payments as a product after raising $16 million in seed financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

How to PayFac: What Software Platforms Need to Know
Digital Payments // September 18, 2023

The merchant acquiring model has undergone many changes since the introduction of the first general-purpose credit card in 1958. Back then, acquiring banks were responsible for finding merchants and signing them up to accept consumer payments using those cards. Get the Full Story Complete the...

Why Visa Says PayFacs Will Reshape Payments in 2023
Digital Payments // January 23, 2023

Payment facilitation is among the most vital components of monetizing customer relationships — and the role of PayFacs is often misunderstood. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

PYMNTS Summer Series: The ‘Great Blending’ Sees Payments Migrate From Utility to Strategic Advantage
Digital Payments // July 07, 2022

Merchants have traditionally viewed payments as a utility. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you...

Interviews & Exclusives
Why the Future of Healthcare Payments Starts With Getting Rid of the Bill

August 29, 2024
The healthcare sector is riddled with change-the-game opportunities, frequently hidden behind entrenched fragmentations and inefficiencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive […]

How to PayFac: What Software Platforms Need to Know

September 18, 2023
The merchant acquiring model has undergone many changes since the introduction of the first general-purpose credit card in 1958. Back then, acquiring banks were responsible for finding merchants and signing...

PYMNTS Summer Series: The ‘Great Blending’ Sees Payments Migrate From Utility to Strategic Advantage

July 07, 2022
Merchants have traditionally viewed payments as a utility. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Not All ISV Roads Must Lead To Being A PayFac

March 17, 2020
For software companies, the quickest route to top-line and margin torque might be to offer payments to their merchant customers — onboarding those merchants and processing payments and payouts. Get...

Quick Reads
Forward Raises $16 Million to Grow Payment Facilitation Platform

May 31, 2024
Forward plans to help more software-as-a-service (SaaS) companies add payments as a product after raising $16 million in seed financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this […]