When is it worth it to become a PayFac?
If you’re a B2B software company interested in adding payment processing to your product, you may be wondering when it will be worth it to become a payment facilitator (PayFac) yourself. The short answer? Probably never. For some software companies processing upwards of $2 billion a year in payments, it may be a bit more complicated […]
What does it take to become a PayFac?
For many software platforms, becoming a Payment Facilitator or “PayFac” seems like an exciting way to improve your product by creating a frictionless and instant onboarding experience. In fact, it’s estimated there are over 10,000 B2B SaaS companies in the United States that could benefit from operating as a PayFac. However, there are just a […]