WHAT IS A MANAGED PAYFAC?

Managed payment faci litation allows software providers to deliver an instantaneous, frictionless boarding experience without the requirement to take on the risk, liability, cost, and effort associated with traditiona l payment facilitation models.

Leveraging advanced algorithms, a normally time consuming merchant onboarding process such as risk, assessment, customer finance evaluation, and business monitoring happens automatically. Whether establishing a merchant account for the first time or switching providers, with a managed payment facilitation program, merchants can be up-andtransacting within minutes rather than days.

With minimal integration work and no requirements for upfront capital, in-house payments expertise, bank sponsorship, Visa and Mastercard registration, or assumed risk and liability all associated with traditional payment faci litationmanaged payment facilitation is ideal for software providers looking to offer a whitelabeled payment solution and seamless onboarding experience, to begin earning payment residuals faster.