As an independent software vendor (ISV), you know how crucial it is to offer seamless payment processing services to your customers. In the past, many ISVs relied on managed Payment Facilitator (PayFac) providers like Stripe or Braintree to handle their payment processing needs. While these providers offer a frictionless service for businesses with low or zero payments volume, they come with several downsides for software companies, including taking all the margin on processing fees for their own profit.
As your business scales, you may find that passing through all your payment processing costs to a managed PayFac provider is no longer a viable option. This is where PayFac-as-a-Service (PFaaS) can come in as a game-changer for ISVs. PFaaS enables software companies to offer payment processing services to their customers without having to become a full-fledged PayFac themselves.
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