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As important as financial tools are to companies, equally important is the ability to accept B2B payments within an application. Embeddedpayments allow your clients to accept payments from their customers without leaving the application — greatly reducing friction around billing, subscriptions, and renewals.
Enter payment monetization. Having a strategy to monetize payments gives SaaS companies an additional revenue stream while enhancing the customer experience and reducing customer churn. But how exactly should a SaaS company monetize payments? What is Payment Monetization?
If you’re considering becoming a payment facilitator (PayFac), you already know that payment monetization is a powerful revenue-generating strategy that’s rapidly picking up steam in the software world. This typically includes a payment gateway, end-user interfaces, merchant management platforms, and merchant dashboards.
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